Electric grid operators forecast load shapes to plan electricity supply

(Fri, 22 Jul 2016) In the electric power sector, load shapes refer to the varying amounts of electricity required over time. Daily load shapes vary by region, climate, and time (daily, monthly, seasonally). Each day, balancing authorities?the entities charged with balancing electric supply and demand?forecast hourly electricity demand on their system for the next day.

U.S. electric system is made up of interconnections and balancing authorities

(Wed, 20 Jul 2016) Electricity generated at power plants moves through a complex network of electricity substations, power lines, and distribution transformers before it reaches customers. In the United States, the power system consists of more than 7,300 power plants, nearly 160,000 miles of high-voltage power lines, and millions of low-voltage power lines and distribution transformers, which connect 145 million customers.

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