IJSRP, Volume 4, Issue 9, September 2014 Edition [ISSN 2250-3153]
Aayush Goel, Agam Goel
Abstract:
The forecast of electricity demand in India is of considerable interest since the electricity sector has been the prime focus of past as well as present Governments. This study presents three models of prediction of electricity demand of New Delhi, namely Multiple Regression, Trend Seasonality Model and ARIMA modelling. The significance of climatic and seasonal factors on electricity demand as well as comparison of the relative accuracy of the models have also been discussed