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Forecasting the Demand for Electricity in Saudi Arabia

Mohammed A. Al-Sahlawi

Year: 1990
Volume: Volume 11
Number: Number 1
DOI: 10.5547/ISSN0195-6574-EJ-Vol11-No1-10
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Abstract:
Electric power in Saudi Arabia is an essential tool for modern economic development. Thus, forecasting electricity demand is vital for planning and investment purposes. In estimating future electricity demand, it is important to assure high responsibility that there will be no supply shortages. Nonparametric analysis techniques like bootstrap, the jackknife, and cross-validation are becoming increasingly popular in the estimation of probability density function of a variable or its function (see Efron (1979) and Efron and Gong (1983)).





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