Forecasting short-term fuel prices: a view from the trenches
Journal Article
·
· Electr. Perspect.; (United States)
OSTI ID:5973921
The problems involved in forecasting short-term utility prices are defined. Short term refers to a monthly or quarterly forecast with a one- to two-year time frame. The problems are described as a lack of hard data, a need to maximize the available information, the cyclical nature of short-term prices, and the necessity of effective communication between forecasters and their managers. It is suggested that these problems can be solved when utility analysts work together with utility consumers in arriving at short-term forecasts. The successful efforts being made by Pennsylvanic Power and Light Company to create buyer/analyst forecasting are presented. 7 references, 3 figures.
- Research Organization:
- Pennsylvania Power and Light Co., Pittsburgh
- OSTI ID:
- 5973921
- Journal Information:
- Electr. Perspect.; (United States), Journal Name: Electr. Perspect.; (United States); ISSN ELPED
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
29 ENERGY PLANNING, POLICY, AND ECONOMY
292000* -- Energy Planning & Policy-- Supply
Demand & Forecasting
296000 -- Energy Planning & Policy-- Electric Power
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320603 -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Public Utilities-- (1980-)
ELECTRIC UTILITIES
FORECASTING
FUELS
INFORMATION NEEDS
PRICES
PUBLIC UTILITIES
292000* -- Energy Planning & Policy-- Supply
Demand & Forecasting
296000 -- Energy Planning & Policy-- Electric Power
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320603 -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Public Utilities-- (1980-)
ELECTRIC UTILITIES
FORECASTING
FUELS
INFORMATION NEEDS
PRICES
PUBLIC UTILITIES