Weathering power's demand

Temperature is the single most important predictor of electricity demand variability - and the variability of much else, for that matter. It is estimated that 25% of global GDP is directly influenced by weather and climate variability.1 In absolute terms, calendar factors, such as the day of the week or public holidays, may be responsible for a greater cyclicality in demand. However, these are easily incorporated in to existing models, and there is no forecasting science involved, as such. The c

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