Modeling Monthly Electricity Load in Andhra Pradesh
VJIT, Hyderabad, A.P., India. Email: email@example.com
Department of Statistics, Osmania University, Hyderabad, A.P., India. Email: firstname.lastname@example.org
The purpose of this paper is to investigate the use of Box – Jenkins methodology for prediction of monthly peak load of electricity in Andhra Pradesh. A seasonal autoregressive integrated moving average model is developed for the forecasting the future peak load of electricity for planning. The forecasting performance of the model is evaluated using root mean square error, mean absolute error and mean absolute percentage error.
Keywords: ARIMA, ACF, PACF and Seasonal models.
International eJournal of Mathematics and Engineering
Volume 2, Issue 4, Pages: 1293 - 1300