(June 2012) South Carolina Electric & Gas gave Shaw Group and Westinghouse full notice to proceed on their contract for two new Westinghouse AP1000 nuclear power units and...
Getting IRP Right
Forecasting, by F. P. Sioshansi in Risk and Flexibility in Electricity, Risk Books, London UK, 2003.
6. On a broad level, forecasting can be done using a bottom-up or top-down approach. The former, typically done when the utility has detailed historical sectoral data, is more labor-intensive and can produce a highly accurate pattern of future load growth. The latter is often used when detailed historical sectoral data is not available or is of poor quality.
7. A discussion of the capabilities of various software tools commonly used in such a process goes beyond the scope of the present article. There are a number of firms offering products and tools suitable for IRP studies, including Global Energy Decisions.