NEMEX Seminar

As part of the Sustainabilitylive event Emma Hutchinson, Director of Green Energy Partners, will speak at the NEMEX Seminar on "Forecasting and trading for the CRC". To view the seminar programme please click here.

Location: NEC Birmingham

Date: 21 April 2010

Time: 13:50-14:10

Abstract
As part of preparing for the CRC organisations will have to become proficient at forecasting their energy demand on a year ahead basis. This requires the following skills and knowledge:

• An accurate set of procedures for monitoring energy use on a month to month basis
• A good understanding of where the energy is used. This is likely to include heating, lighting, and small power and may include cooling and process energy.
• An understanding of what factors influence each source of demand such as operating hours, number of employees, temperature, wind, processes and amount of sunlight.
• A good prediction of when any planned energy saving measures are likely to be implemented and what their impact is likely to be.
• Knowledge of how to take this information and turn it into a year ahead forecast of maximum, minimum and average demand.
• An understanding of the risks and uncertainties associated with the forecast.

To download Emma's presentation please click here.