Title :
Modeling Approach of Energy Demand Based on Macroeconomic Indices
Author :
Batmunkh, S. ; Batjargal, Ts
Author_Institution :
Sch. of Energy, Mongolia State Univ. of Sci. & Technol.
Abstract :
It is of a significant importance in country´s economy to determine energy demand if it in accurate manner as to plan adequate investment and regulation mechanism in short to medium business cycle. This presentation discusses possibility of estimating and forecasting energy consumption based upon basic macroeconomic indices in Mongolia and potential of modeling demand and supply using these estimates.
Keywords :
load forecasting; macroeconomics; power consumption; supply and demand; demand and supply modeling; energy consumption forecasting; energy demand; macroeconomic indices; medium business cycle; regulation mechanism; Demand forecasting; Economic forecasting; Energy consumption; Environmental economics; Fuel economy; Investments; Macroeconomics; Power demand; Power generation economics; Power system economics; energy consumption; energy demand forecasting; macroeconomic indices;
Conference_Titel :
Strategic Technology, The 1st International Forum on
Conference_Location :
Ulsan
Print_ISBN :
1-4244-0426-6
Electronic_ISBN :
1-4244-0427-4
DOI :
10.1109/IFOST.2006.312338
