ESTIMATION OF SUPPLIER HOURLY LOADS Sample Clauses

ESTIMATION OF SUPPLIER HOURLY LOADS. OVERVIEW Generating units operated by suppliers are dispatched by the power pool to meet the region's electrical requirements reliably, and at the lowest possible cost. As a result, a supplier's electricity production may not match the demand of its customers. In each hour some suppliers with low cost production units are net sellers of electricity to the pool, while other suppliers are purchasing power from the pool to meet the demand of their customers. To determine the extent to which suppliers are net buyers or sellers on an hourly basis, it is necessary to estimate the hourly aggregate demand for all of the customers served by each supplier ("own-load"). MECO will estimate Seller's Wholesale Standard Offer Service "own-load" within MECO's service territory and report the hourly results to NEPOOL or the ISO on a daily basis. The estimation process is a cost effective approach to producing results that are reliable, unbiased and reasonably accurate. The hourly load estimates will be based on rate class load profiles which will be developed from statistically designed samples. Each day, the class load shapes will be scaled to the population of customers served by each supplier contracting with MECO as a result of the Standard Offer Auction ("Standard Offer Auction Supplier"), Seller, and any other entity providing Wholesale Standard Offer Service. In cases where telemetered data on individual customers are available, they will be used in place of the estimated shapes. On a monthly basis, the estimates will be refined by incorporating actual usage data obtained from meter readings. In both processes, the sum of all suppliers' estimated Standard Offer Service loads will match the total load delivered into the distribution system. A description of the estimation process follows. DAILY ESTIMATION OF SUPPLIERS' OWN LOAD The daily process estimates the hourly load for each Standard Offer Auction Supplier, Seller, and any other entity providing Wholesale Standard Offer Service, for the previous day. There are four components in this process: - Select a proxy date from the previous year with characteristics which best match the day for which the hourly demand estimates are being produced. Extract class load shapes for the selected proxy date from the load research data base. - Scale the class load shapes appropriately for each individual customer based on the usage level of the customer relative to the class average usage level. - Calculate a factor for each cus...
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Related to ESTIMATION OF SUPPLIER HOURLY LOADS

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