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We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intelligence, analytics, data and tools to ensure you are making the best data-driven business decisions with confidence.  

Read more in our news release here. 

Products & services

PeakAlerts

Real-time coincident peak alert and reporting service

Avoid peak electricity demand with highly accurate coincident peak alerts for North America's most influential power market regions.

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Must-have insights into demand

Power markets are volatile. Be prepared for the impact when strong demand hits the grid.

High levels of demand lead to "coincident peak" (CP) days, an important mechanic in several power markets across North America. Through our powerful neural network model, state-of-the-art weather data and experienced meteorologists, we correctly identify and monitor peak demand days as far as a week in advance and provide day-of and day-ahead forecast alerts. Our daily demand forecasts consistently outperform those of system operators.

Once we create a demand forecast, we assess CP risk based on previous load peaks and our short and/or long-range expectations, depending on the power market region and their CP protocol. With this methodology, we accurately predict peak demand days, keeping you prepared for when the market shifts.

Designed for you

Learn how PeakAlerts can help

Features at a glance

Cost-saving insights

With our data, significantly reduce charges from your transmission and distribution service provider by curtailing electricity usage during peak events.

Full transparency

Minimise the number of times your facility has to react to false alarm coincident events. Our meteorologists and demand forecasting teams keep you prepared with eyes on the grid during market hours.

Extensive coverage

We cover the most influential power market regions across North America:

  • ERCOT 4CP: one hourly system-wide peak per month (June - September)
  • PJM 5CP: five top system-wide demand hours on separate days (June - September)
  • ISO-NE ICAP: one peak hour (June - September)
  • NY-ISO: one peak hour per year
  • Ontario Global Adjustment: five top system-wide demand hours on separate days (annual calendar starting May 1)

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