Long-term energy demand forecasts AleaSoft have a horizon of up to 20 years with a monthly or annual interval. AleaSoft offers different types of long-term energy demand forecasts: total demand, minimum and maximum hourly demand for the month or year, and high and low voltage demand. The forecasts are offered in product format and in service format.
The product format consists of the installation of an application that works automatically, both for the updating data and obtaining forecasts. The application includes tools for obtaining confidence bands, for defining temperature and socioeconomic scenarios and for analysing the sensitivity of demand with respect to temperature and economic evolution.
The service format consists of sending the demand forecasts and the main explanatory variables. The service may also include the sending of the confidence bands of the forecast.
The main explanatory variables used in long-term demand forecasts are climatological data, such as temperature, economic indicators such as economic growth (GDP) and industrial activity (IPI), demographic evolution (population) and employment. In addition, the forecasts take into account the diffusion scenarios of new and existing technologies such as electric vehicles, batteries, self-consumption, among others, and their impact on the volume of demand.