Projecting the Demand for Electricity: A Survey and Forecast

Projecting the Demand for Electricity: A Survey and Forecast

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The demand for electricity depends on the demand throughout the economy for electricity-using services. Forecasts of electricity consumption are typically based on a few measures of aggregate economic activity, population growth, energy policy changes, and the stock of electricity-using equipment. This report describes the economic factors that should be accounted for in a forecast.