Forecasting the Demand for Electricity in Saudi Arabia
Mohammed A. Al-Sahlawi
The Energy Journal, 1990, vol. 11, issue 1, 119-126
Abstract:
Electric power in Saudi Arabia is an essential tool for modern economic development. Thus, forecasting electricity demand is vital for planning and investment purposes. In estimating future electricity demand, it is important to assure high responsibility that there will be no supply shortages. Nonparametric analysis techniques like bootstrap, the jackknife, and cross-validation are becoming increasingly popular in the estimation of probability density function of a variable or its function (see Efron (1979) and Efron and Gong (1983)).
Keywords: Electricity demand; Saudi Arabia; Forecasting; Bootstrap method; Peak load; Efficiency (search for similar items in EconPapers)
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:sae:enejou:v:11:y:1990:i:1:p:119-126
DOI: 10.5547/ISSN0195-6574-EJ-Vol11-No1-10
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