Economic variables and electricity consumption in Northern Cyprus

F. Egelioglu, A.A. Mohamad and H. Guven

Energy, 2001, vol. 26, issue 4, 355-362

Abstract: The influence of economic variables on the annual electricity consumption in N. Cyprus for the period of 1988–1997 has been investigated. Utilising historical energy consumption, historical economic databases and multiple regression analyses, it was found that the number of customers, the price of electricity and the number of tourists correlate with the annual electricity consumption. The annual energy consumption was strongly related to the number of the customers, with adjusted R2 equal to 0.906 and 0.930 if the price of electricity and the number of tourists were included in the model. The results indicate that the model using the number of customers, the number of tourists and the electricity prices as regressors has very strong predictive ability and can be used to forecast future annual electricity consumption.

Date: 2001
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (31)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544201000081
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:26:y:2001:i:4:p:355-362

DOI: 10.1016/S0360-5442(01)00008-1

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().