Long-Term Load Forecasting
Forecasting and resource planning are critical functions of any successful business. This is especially true of capital-intensive utilities that cannot change course on a dime. Prudent load forecasting allows you to optimize resources and provide reliable, cost-effective power to your customers for years to come.
Clearspring Energy has extensive experience developing load forecasts to meet a wide variety of needs and audiences, including:
• RUS-approved forecasts for cooperative borrowers
• State-approved forecasts for IOUs and municipals
• Customized forecasts for internal planning
Depending on your needs, we will develop forecasts for any time frequency or level of detail.
Clearspring Energy staff has over 60 years of combined forecasting experience and has developed load forecasts for over 100 electric distribution cooperatives, a dozen generation and transmission cooperatives, and numerous municipal and investor-owned utility clients across the country. Let us provide innovative load forecasting solutions for your utility that will enhance your planning efforts while reducing your forecasting time and cost.
Why is Competitive Intelligence Critical to Your Success? Competitive intelligence enhances your competitive position by providing a better understanding of your competitors and the market in which you operate. It provides a solid foundation for strategic planning, power market assessments, risk management, regulatory initiatives, and customer relations management.
Electric Load Forecast Example:
A Midwestern utility needed to update its long-term forecast for resource planning and regulatory approval, but sought an alternative to the time-consuming and costly process of previous efforts. Clearspring staff developed an innovative process to reduce time and costs while providing detailed forecasts to fulfill resource planning and regulatory needs. The utility cut its forecasting time and costs in half while enhancing its planning and regulatory processes.