Title :
Based on dynamic regression model medium and long-term demand forecast and analysis of China´s electric power
Author_Institution :
Department of Economics and Management, Daqing Normal University, China
Abstract :
Based on comprehensive analysis of the current methods on medium and long-term prediction of electric power demand, a new model-dynamic regression model is represented to forecast and analyze China´s electricity demands. Combined with time series method and multivariate regression method, this model can be more comprehensive, reasonable to reflect the operational laws and long-term trends of electric economic system. Through applying the software Eviews6.0 to analyze the case, forecasting model is more stable and more accurate than ever. In conclusion, this model is more suitable for forecasting and analyzing the medium and long-term demand trends in China´s electric power.
Keywords :
Analytical models; Biological system modeling; Correlation; Economics; Electricity; Power systems; Predictive models; dynamic regression model; electricity demand; medium and long-term prediction; power economy;
Conference_Titel :
Information Science and Engineering (ICISE), 2010 2nd International Conference on
Conference_Location :
Hangzhou, China
Print_ISBN :
978-1-4244-7616-9
DOI :
10.1109/ICISE.2010.5691369