Electrical load forecastes and correlations with economic growth

Normally, an increase in productivity, which is commonly considered necessary for maintaining the economic position of an economic area, will result in increased demands for energy. This additional requirement must be taken into account, and this is what the capacities of power-generating facilities have to be adapted to. Thus, capital expenditures are necessary the extent of which will depend upon future development. At this point, prognostication is to help avoid misemployment of funds. Such energy prognostication is definitely needed for a period of time corresponding to the construction period for power-generating installations, hence for some five to ten years. (orig.)