Request Summary
Load Forecast
Co-sponsors
Description Of Issue
The WRAP-wide established growth rate of 1.1% for the P50 Peak Load Forecast could be enhanced to capture the differences in expected load growth between the various WRAP participants. An inaccurate load growth rate will misinform the actual resource adequacy needs of the region, thereby degrading the effectiveness of the WRAP.
Proposed Solution
Specific Document And Language
Suggested Language Update
Benefits
More accurate P50 load forecasting will better inform the regional and participant-specific resource adequacy needs into the future. Having an objective 3rd party to determine the forecast could alleviate concerns of participant bias while also working towards the most accurate forecast for each participant.
Data Or Information
Naturally any standard growth rate applied to the WRAP footprint or to a specific participant is just a forecast, but there could be hidden issues within sub-regions or individual states that could necessitate having more granular growth rates than footprint wide.