forecastingMtgFrom May 18 to 20, 62 energy forecasters representing 42 companies from across North America gathered in Scottsdale, Arizona to discuss the latest issues in energy forecasting.  The meeting included two pre-conference workshops focused on the Statistically Adjusted End-Use modeling technique at both the introductory and advanced levels.

For two and a half days, forecasters worked through 17 industry presentations covering the following topics.

  • The state of the U.S. and Canadian economies
  • Updated trends from the EIA’s 2016 Annual Energy Outlook
  • Recent growth trends and forecast model accuracy
  • Weather normalization techniques and trends
  • Solar (photovoltaic) penetration and shape forecasts
  • State of the electric storage market

Two round table discussions allowed participants to deeply discuss recent “hot” issues within the industry as well as detailed peak modeling issues.

With so much information being disseminated, I cannot adequately summarize each presentation.  Instead, let me share with you a couple of my highlights.

  • Matt Owens of STEM, Inc., presented on the state of the electric storage market.  With so much media surrounding Tesla’s battery and the general public’s interest in batteries, I appreciated the inside look at the state of the technologies, the available products, and the economic benefits.  The next time someone asks me about batteries, I am now prepared to discuss the state of the market.
  • Adam Kamin from Moody’s Analytics updated me on the state of the U.S. and Canadian economies.  I’m never disappointed with the economic outlook presentation.  This time, I gained insights into the latest employment and housing trends, which are expected to drive our economy forward.

Share with us your highlights from the conference.  We look forward to hearing from you.