Demand forecasting accuracy report in Indian Power news
The Eastern Regional Load Despatch Centre forecasting-error report for 22 June 2026 is an important bookmark for Indian Power news readers tracking predictive accuracy in grid operations. GRID-INDIA records day-ahead mean absolute percentage error of 2.95%, with root mean square error at 3.6%. Intraday mean absolute percentage error was only 1.37%, with root mean square error at 1.83%. EnergylineIndia.com records the data as a verified regional forecasting reference for power scheduling.
The report is useful because tight forecasts improve schedules and reduce deviation exposure. Utilities pay deviation charges when actual drawal or injection moves away from schedule. Lower forecast error therefore supports better reserve planning and lower settlement risk. This makes Indian Power news relevant for distribution companies, open access users, traders, state load despatch teams and consultants following daily demand accuracy and tolerance performance.
The Southern Regional Load Despatch Centre demand forecast for 24 June 2026 adds a next-day planning view for the southern region. It projects the load curve toward the 55,000 MW to 60,000 MW range through the day. Such forecasts influence procurement, banking, exchange bidding and reserve positioning during high summer demand. They are also important as renewable variability increases the need for better forecasting discipline. Indian Power news readers can use the two reports together to compare forecast performance and forecast use. Indian Power news supports Smart grid review, Open Access Consumers and News on Indian power sector tracking for scheduling, settlement and regional planning teams.