forecasting

Power Demand in Texas Grows More Slowly Than Forecasted

From StateImpact Texas, a joint effort of radio station KUT Austin and KUHF Houston, a report that consumption of electric power in Texas isn’t growing as fast as expected: As the Texas Public Utility Commission (PUC) considers changing the electricity market so there’s more money to build new power plants, a mystery has popped up: …

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Looking for a Good Forecast?

Michael Giberson Philip Tetlock – the expert on political expertise – reviews three books on political forecasting for The National Interest, but the problem of selecting a good forecast equally applies in commerce: Reading these three books, it is easy to feel like a frustrated shopper wandering aimlessly down the forecasting aisle in the supermarket …

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