Assessing the accuracy of electricity demand forecasts in developing countries (English)

This study assesses the accuracy of time-series econometric methods in forecasting electricity demand in developing countries. The analysis of historical time series for 106 developing countries over 1960-2012 demonstrates that econometric forecasts are highly accurate for the majority of these countries. These forecasts significantly outperform predictions of simple heuristic models, which assume that electricity demand grows at an exogenous rate...

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Author

Steinbuks,Jevgenijs;
Document Date
2017/02/15
Document Type
Policy Research Working Paper
Report Number
WPS7974
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2017/02/15
Disclosure Status
Disclosed
Doc Name
Assessing the accuracy of electricity demand forecasts in developing countries
Keywords
forecast horizon

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Citation

Steinbuks,Jevgenijs.

Assessing the accuracy of electricity demand forecasts in developing countries (English). Policy Research working paper|no. WPS 7974 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/728681487169710866

Assessing the accuracy of electricity demand forecasts in developing countries (English)

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