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Home » Model Change Results in Lower Load Forecast for PJM
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load forecast

Model Change Results in Lower Load Forecast for PJM

Dec 9, 2014
PJM Planning Committee (PC) / Transmission Planning
By Suzanne Herel PJM is reducing its load forecast for 2018 by 2.6%, due in part to a temporary change in modeling that aims to address over-forecasting in recent years. Acknowledging criticism that its forecasts have overestimated economic growth and failed to capture energy efficiency and behavioral changes that have dampened...

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