Title: Empirical Analysis of Domestic Electricity Consumption of Ningbo Based on ARIMA Model
Abstract: In current technological society,electricity is closely related to everyone.It is indispensable to forecast,deploy and control the electricity consumption.In accordance with total electricity consumption of Ningbo from 1978to 2011,this paper utilizes time series analysis method to construct a model of electricity consumption and finds the inherent law.The results show that domestic electricity consumption of Ningbo obeys ARIMA(2,2, 0)model of heteroscedasticity.By this model,we can predict the electricity consumption in the next few years so as to provide certain data for the government to formulate corresponding policies.
Publication Year: 2014
Publication Date: 2014-01-01
Language: en
Type: article
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