search query: @author Psarras, J. / total: 5
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| Author: | Assimakoupoulos, V. Psarras, J. |
| Title: | A double horizon peak demand forecast model |
| Journal: | Energy Economics
1992 : APR, VOL. 14:2, p.103-106 |
| Index terms: | ELECTRICITY SUPPLY INDUSTRY DEMAND ECONOMETRIC MODELS TIME SERIES ENERGY FORECASTS |
| Language: | eng |
| Abstract: | One of the most important problems to electric utilities is forecasting with accuracy the system's peak demand. Analysing the development of the monthly peak demand in Greece for the period January 1970-December 1988, the authors produce a rather simple forecasting model that captures the identified features of the data pattern. The special elements of the proposed model are the merging of yearly and monthly horizons and the combined use of econometric and time-series techniques. An out of sample comparison for 1989 proves the efficiency of the model for peak demand short-term forecasting. |
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