2018 MISO forecast released, under 1% for our area… DOH!
December 18th, 2018
Hot off the press… MISO‘s forecast, much like my all-time favorite industry report, the NERC Reliability Assessment! Because each region sends its forecasts to NERC, odds are that this is the basis for the MISO part of the next NERC Reliability Assessment. The NERC reports have showed for a long time that reserve margins are way higher than needed, sometimes 2-3 times higher than needed, and that demand is not at all what has been predicted. DOH!
HERE IT IS — READ IT:
2018 MISO Energy and Peak Demand Forecasting for System Planning302799
Bottom line? And remember, this is the industry “forecast” which consistently overstates:
Remember CapX 2020 “forecast” of 2.49% used to justify that transmission build-out? And all that’s happened since, is happening now, like the MISO MVP 17 project portfolio?
Or more correctly, all that HASN’T happened since, like increase in demand?
This has been an historical, systematic misrepresentation, Xcel’s “business plan” is based on these lies. From Xcel’s IRP (Docket 15-21), p. 45 of 102:
That Xcel IRP docket continues, and compare peak demand with their bogus chart… what can we expect?