PJM’s long-term power demand could be lower than forecast: Platts Analytics

New York — S&P Global Platts Analytics expects PJM Interconnection power demand to materialize at lower levels than forecast in the grid operator’s recently released long-term load forecast due to increases in energy efficiency and behind-the-meter generation that could offset end-use consumption.

“Platts Analytics remains significantly more bearish on outlooks for load,” driven by expectations for growth in energy efficiency and …