UK > Energy & environment > Consultancy Capability - Energy and environment > ElecDemandForecasting
Supporting Demand Forecasting in the Electricity Industry
Demand forecasting is a critical element of the strategic management of any business. Cambridge Econometrics has a long-established reputation for supporting those in the electricity industry with forward-looking strategic analysis. We are the only organisation to publish regular assessments of future energy and electricity implications alongside forecasts for the UK economy, taking account of government policy and the outlook for global fuel prices. This, together with our expertise in economic modelling, and our emphasis on effective communication with top management and professional staff, means we are in a unique position to support you.
Our offer includes:
- working with you to design, apply and maintain forecasting models that are 'fit for purpose'
- auditing existing models and their performance
- providing key inputs to forecasting models, including data and forecasts for
- economic activity by sector in different distribution areas
- population, households, household income in different distribution areas
- future fuel prices
- energy efficiency trends by sector
- changing fuel mix by sectors
- alternative economic scenarios for sensitivity testing
To discuss in more detail how we may be able to support you, please contact either
Phil Summerton, Manager of UK Modelling, or
Mike May-Gillings, Manager of Local Economy Services