I was looking at the 'Grid Demand Trends' report and specifically the reconciled demand data. The notes state:
"Reconciled demand and generation data is our most complete source of data and refers to all purchases and sales on the wholesale market that are cleared through the clearing manager. This data becomes available around the middle of the following month. More specifically, reconciled demand and generation refers to loss-adjusted purchases and sales, and represents the purchase and sale quantities upon which money changes hands between participants and the clearing manager. The loss-adjustment means that the actual consumption data submitted to the reconciliation manager by retailers and other purchasers is grossed up to account for losses in the distribution networks.”
The way I read this is that this reconciled demand data includes distribution network losses but I am unsure if I am reading it correctly. Is somebody able to confirm this for me?