2010•Power Demand Side ManagementRequires access

Application of ARIMA model in forecasting annual city electricity consumptions

Jian Wang

Open publisher page 0 citations

Abstract

This paper briefly presented the principles and methods of ARIMA(auto regression moving average)model and applied the model to the analysis and forcasting of electricity demand of Chendu city.Upon examination it is further proved that ARIMA has high prediction accuracy and provides ideal forecast effect.It's feasible to use ARIMA model to forecast electricity demand.The model provides reference for power system staff to forecast.

About this research paper

What this paper is about

This paper briefly presented the principles and methods of ARIMA(auto regression moving average)model and applied the model to the analysis and forcasting of electricity demand of Chendu city.Upon examination it is further proved that ARIMA has high prediction accuracy and provides ideal forecast effect.It's feasible to use ARIMA model to forecast electricity demand.The model provides reference for power system staff to forecast.

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

This paper briefly presented the principles and methods of ARIMA(auto regression moving average)model and applied the model to the analysis and forcasting of electricity demand of Chendu city.Upon examination it is further proved that ARIMA has high prediction accuracy and provides ideal forecast effect.It's feasible to use ARIMA model to forecast electricity demand.The model provides reference for power system staff to forecast.

Key concepts: Autoregressive integrated moving average, Electricity demand, Electricity, Econometrics, Demand forecasting, Computer science, Regression analysis, Time series

Related papers

Back to paper searchBrowse research topicsOriginal source
Application of ARIMA model in forecasting annual city electricity consumptions — Research Paper | ScholarLens