Possibility of a new annual peak today: (4/5) = HIGHLY LIKELY
This would be the first peak day recorded in September.
Details: The ISO New England Forecast Peak for today is 22,800 MW in the 6pm EDThour. This is 101.8% of this fiscal year’s FY Annual Peak To Date of 22,390 MW. This means that a new Annual Peak would be reached today even if today’s actual peak is less than the ISO Forecast Peak by -1.8% or more. Using past ISO actual-to-forecast variability, the probability of exceeding the forecast by this amount or more is: 0.86.
Last Hour Trend: UP by 15.4 MW (0.1%). Current Demand versus Forecast: OVER by 243.1 MW (1.5%).