In the electric power sector, load shapes refer to the varying amounts of electricity required over time. Daily load shapes vary by region, climate, and time (daily, monthly, seasonally). Each day, balancing authorities—the entities charged with balancing electric supply and demand—forecast hourly electricity demand on their system for the next day.
The post Electric grid operators forecast load shapes to plan electricity supply appeared first on CTRM Center.
Source: CTRM Center