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Areas of Expertise
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Functional Practice Areas
Antitrust/Competition
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Environmental Litigation and Regulation
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Utility Regulatory Policy and Ratemaking
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Cost of Capital
Demand Forecasting and Weather Normalization
Demand Response, Energy Efficiency, and the Smart Grid
European Energy Markets
Fuel and Power Procurement
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Rate Design, Cost Allocation, and Rate Structure
Regulatory Strategy and Litigation Support
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Industry Practice Areas

Demand Forecasting and Weather Normalization
The ability to accurately and consistently forecast energy demand is increasingly important. Load forecasting methods have become valuable tools for utilities to measure the impacts of evolving load reduction initiatives, such as innovative pricing and demand response programs.

The Brattle Group is an industry leader in the assessment, development, and application of demand forecasting tools and weather normalization methods. Our energy economic consulting experts work with utilities and government agencies to improve the accuracy and information content of forecasting and weather normalization models, from the initial data collection phases through to the final steps of model calibration and forecasting.

Our modeling capabilities are strengthened by our economic consulting expertise in econometrics and economic forecasting. We have presented our forecasts before regulatory commissions and have provided training sessions and workshops to government agencies and utility executives. Our demand forecasting models and recommendations have been used in the formulation of numerous integrated resource plans and have been adopted by utilities, alternative power suppliers, and regional transmission organizations. They have been applied to procurement management, long-term planning processes, and the design and evaluation of demand response and dynamic pricing programs.

Representative Engagements

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Review of Peak Load Forecasts for Multi-State RTO


A review of analytical methodology and forecasts of peak load in 18 service area zones was undertaken by members of The Brattle Group. Included in the review was analysis of the aggregate footprint of a large regional transmission organization that serves a population of 51 million. Alternative specifications were tested and improvements were recommended.

 

Related Experts

Principals:
Ahmad Faruqui
Philip Q Hanser
Joseph B. Wharton

Senior Associates:
Ryan Hledik