Load Forecast definition

Load Forecast means an estimate or projection of end- use electricity consumption based on projected changes in future end-use, taking into account residential, commercial, industrial, and irrigation loads, populations, business cycles, appliance saturation, and efficiencies. It may be forecasted by sector or consumer class.

Load Forecast means the estimated future annual electricity usage that is used to help electric utilities make resource allocation decisions.

Load Forecast has the meaning given in Section 2.1 of the General Terms and Conditions.

Examples of Load Forecast in a sentence

• Each Transmission Owner must submit aggregate Adjusted Load data, coincident with the hour of the NYCA Peak Load Forecast, for all customers served by each LSE active within its Transmission District.

• The NYCA Minimum Installed Capacity Requirement is derived from the NYCA Installed Reserve Margin, which is established each year by the NYSRC and the NYCA Peak Load Forecast.

• ERCOT shall update these reports hourly following updates to the Seven-Day Load Forecast, except where noted otherwise.

• Installed Capacity Suppliers will have the opportunity to supply amounts of Unforced Capacity will have the opportunity to supply amounts of Unforced Capacity to meet the LSE Unforced Capacity Obligation as established by the ICAP Spot Market Auction.The ISO will calculate a NYCA Peak Load Forecast each year by applying regional Load growth factors to the prior calendar year’s Adjusted Actual Peak Load.

• The NYCA Minimum Installed Capacity Requirement for the Capability Year beginning each May 1 will be established by multiplying the NYCA Peak Load Forecast, which is determined by the ISO as described below in this section and Section 5.11 and in accordance with ISO Procedures, by the quantity of one plus the NYCA Installed Reserve Margin.

More Definitions of Load Forecast

Load Forecast means a forecast prepared and stored by the FFR Provider and made available to National Grid in accordance with paragraph 4A.14.1;

Load Forecast means an estimate or projection of a Utility’s electric loads and the factors that affect those loads, designed to determine, as accurately as possible, the Utility’s future demand for energy and Capacity.

Load Forecast means an estimate or projection of end-use electricity consumption based on

Load Forecast means an hourly projection of load prepared by a Transmission Customer for its load in the Company's service territory, consisting of, but not limited to, the aggregated load of customers using Monthly and Interval Meters, as adjusted for Transmission and Distribution Losses.

Load Forecast means the demand load forecast referred to in subsection 7.4.

Load Forecast means the estimated future annual electricity use, commonly measured as peak summer and winter demands, and used to help electric utilities make resource allocation decisions.

Load Forecast means the forecast of NL Native Load prepared by NLH at a given point in time in respect of the current or any future Operating Year, and includes any forecasts of NL Native Load for any period within such Operating Years, as applicable;