Strategic Forecasting of Electricity Demand Using System Dynamics Approach

• Main Authors: Salman Ahmad, Akhwanzada, Razman, Mat Tahar
• Format: Article
• Language: English; English
• Published: IACSIT Press 2012
• Subjects: TK Electrical engineering. Electronics Nuclear engineering
• Online Access: http://umpir.ump.edu.my/id/eprint/6808/1/Strategic_forecasting_of_electricity_demand_using_system_dynamics_approach.pdf; http://umpir.ump.edu.my/id/eprint/6808/4/ftech-2012-razman-strategic%20forecasting%20of%20electricity%20demand%20using%20system.pdf; http://umpir.ump.edu.my/id/eprint/6808/; http://www.ijesd.org/papers/241-B063.pdf

Electricity has become an important source of energy in human society. The enormous use of electricity necessitates a mechanism to predict the future demand. Forecasting models provide that mechanism. They facilitate decision makers in keeping a balance between supply and demand, thus strategically...