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With rapid economic growth and industrial expansion, China consumes more coal than any other nation. Therefore, it is particularly crucial to forecast China's coal production to help managers make strategic decisions concerning China's policies intended to reduce carbon emissions and concerning...
Persistent link: https://www.econbiz.de/10009319921
Short-term electricity demand forecasting has always been an essential instrument in power system planning and operation by which an electric utility plans and dispatches loading so as to meet system demand. The accuracy of the dispatching system, derived from the accuracy of demand forecasting...
Persistent link: https://www.econbiz.de/10008473979
Electricity demand forecasting could prove to be a useful policy tool for decision-makers; thus, accurate forecasting of electricity demand is valuable in allowing both power generators and consumers to make their plans. Although a seasonal ARIMA model is widely used in electricity demand...
Persistent link: https://www.econbiz.de/10010597277