Pillai N., Vijayamohanan (2008): Forecasting Demand for Electricity: Some Methodological Issues and an Analysis.
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Electricity demand projection is of utmost importance as electricity has become a vital input to the wellbeing of any society, driving the demand for it from an ever-expanding set of diverse needs to grow on an increasing rate, which in turn places increasing demands on scarce resources of capital investment, material means, and man-power. More specifically, the continuing ‘energy crisis’ has made crucial the need for accurate projection of electricity demand; hence the importance of the forecasting methods. The present paper critically evaluates the electricity demand forecasting methodology and proposes a methodology in the classical time series framework.
|Item Type:||MPRA Paper|
|Original Title:||Forecasting Demand for Electricity: Some Methodological Issues and an Analysis|
|Keywords:||Electricity demand, Forecasting, Kerala, Time series analysis|
|Subjects:||C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C32 - Time-Series Models ; Dynamic Quantile Regressions ; Dynamic Treatment Effect Models ; Diffusion Processes ; State Space Models
L - Industrial Organization > L9 - Industry Studies: Transportation and Utilities > L94 - Electric Utilities
|Depositing User:||Vijayamohanan Pillai N|
|Date Deposited:||30. May 2008 06:50|
|Last Modified:||11. Mar 2015 18:33|
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