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Type: Artigo de periódico
Title: Short-term forecasting of industrial electricity consumption in Brazil
Author: Sadownik, R
Barbosa, EP
Abstract: This paper presents short-term forecasting methods applied to electricity consumption in Brazil. The focus is on comparing the results obtained after using two distinct approaches: dynamic non-linear models and econometric models. The first method, that we propose, is based on structural statistical models for multiple time series analysis and forecasting. It involves nonobservable components of locally linear trends for each individual series and a shared multiplicative seasonal component described by dynamic harmonics. The second method,adopted by the electricity power utilities in Brazil, consists of extrapolation of the past data and is based on statistical relations of simple or multiple regression type. To illustrate the proposed methodology, a numerical application is considered with real data. The data represents the monthly industrial electricity consumption in Brazil from the three main power utilities: Eletropaulo, Cemig and Light, situated at the major energy-consuming states, Sao Paulo, Rio de Janeiro and Minas Gerais, respectively, in the Brazilian Southeast region. The chosen time period, January 1990 to September 1994, corresponds to an economically unstable period just before the beginning of the Brazilian Privatization Program. Implementation of the algorithms considered in this work was made via the statistical software S-PLUS. Copyright (C) 1999 John Wiley & Sons, Ltd.
Subject: electricity consumption
time series forecasting
non-linear models
shared component
multiplicative seasonality
Country: Inglaterra
Editor: John Wiley & Sons Ltd
Citation: Journal Of Forecasting. John Wiley & Sons Ltd, v. 18, n. 3, n. 215, n. 224, 1999.
Rights: fechado
Identifier DOI: 10.1002/(SICI)1099-131X(199905)18:3<215
Date Issue: 1999
Appears in Collections:Unicamp - Artigos e Outros Documentos

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