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Ontario Price Forecasting Report
London Economics, Jan 2011, Pages: 18
London Economics International (LEI) introduces “multi-client” semi-annual regional market updates for major markets in North America and around the world. These forecasts include an examination of recent market developments, key assumptions used in the modelling, and a 10-year wholesale electricity price and, where relevant, capacity price forecast.
The market price outlook briefing is designed to provide existing and prospective market participants with a concise update on trends, developments, key drivers, and price projections. It also provides a rigorous introduction to market conditions – ideal for policymakers, lenders, and investors. Each report consists of easy to understand charts, tables, and market descriptions:
- An overview of the market and recent developments - a discussion of the key market drivers, and developments in the previous six months, including any new entrants and retirements, new transmission lines, market rule changes, market auction outcomes, mergers and acquisitions, new state policies or initiatives, and environmental rules.
- Modelling assumptions in the LEI price forecast - a detailing of assumptions used for each region, including market topography, future fuel prices, emission costs, the cost of generic new entry, import and export flows, demand levels, and the breakdown of supply. For regions with multiple zones, assumptions are broken down by zone.
- 10-year price forecast - a price forecast for wholesale electricity prices, and capacity market prices (for those regions where this is applicable). Where relevant, these price forecasts are broken down by zone.
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