New England, a Forecast Model

In early 2012, ISO New England established the Energy-Efficiency Forecast Working Group (EEFWG), which is made up of utilities, regulators, and other stakeholders with expertise in energy demand forecasting programs, to assist the ISO in developing the annual forecast, including data collection, assumptions, and model parameters. The proof-of-concept process determined the types of data elements and level of granularity required to implement the energy demand forecasting model. The next step was to develop data specifications and data reporting tools for use by program administrators and state regulatory agencies. This resulted in the collection of multiyear, annualized data for each program administered by the region’s utilities. Specific metrics included achieved and committed annual and lifetime net energy savings in kilowatt-hours; demand […]
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