National Grid to publish range of power demand forecasts

National Grid plans to publish day-ahead, two-day ahead and week-ahead national power demand forecasts. The announcement is likely to be relevant to any organisation participating in demand reduction incentive schemes, […]

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By Jonny Bairstow

National Grid plans to publish day-ahead, two-day ahead and week-ahead national power demand forecasts.

The announcement is likely to be relevant to any organisation participating in demand reduction incentive schemes, particularly those managing it themselves.

The forecasts will be useful for these firms to determine when periods of high demand can be expected and prepare to be called upon to offer contracted flexibility.

The announcements will be made through National Grid’s website and email systems, with the day-ahead forecast being released by 9am and the two-day-ahead and the week-ahead by 5pm.