A load profile will vary according to customer type (typical examples include residential, commercial and industrial), temperature and holiday seasons.
On the power market so-called EFA blocks are used to specify the traded forward contract on the delivery of a certain amount of electrical energy at a certain time.
In retail energy markets, supplier obligations are settled on an hourly or subhourly basis.
Load profiles can be determined by direct metering but on smaller devices such as distribution network transformers this is not routinely done.
Actual demand can be collected at strategic locations to perform more detailed load analysis; this is beneficial to both distribution and end-user customers looking for peak consumption.