Modeling seasonality of net electrical consumption in Bulgaria Cover Image

Modeling seasonality of net electrical consumption in Bulgaria
Modeling seasonality of net electrical consumption in Bulgaria

Author(s): Latchezar Tomov
Subject(s): Social Sciences, Economy, Education, Energy and Environmental Studies, Higher Education , ICT Information and Communications Technologies
Published by: Нов български университет
Keywords: electrical consumption; time series analysis; seasonality modeling; Arima

Summary/Abstract: Net electrical consumption in many countries exhibit strong seasonal patterns, due to consumer behavior and the need of the industry to maintain constant temperature in facilities independently of the seasonal variation of mean temperature and its long-term trend. We use Arima models and Fourier transformation in order to capture the dependency between net electrical consumption and mean monthly temperature. We use our interpolation algorithm to construct mean national monthly temperature.

  • Issue Year: 17/2021
  • Issue No: 1
  • Page Range: 18-22
  • Page Count: 5
  • Language: English
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