Publication:
Forecasting Electricity Demand: An Aid for Practitioners

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dc.contributor.authorSteinbuks, Jevgenijs
dc.contributor.authorde Wit, Joeri
dc.contributor.authorKochnakyan, Artur
dc.contributor.authorFoster, Vivien
dc.date.accessioned2017-03-02T21:21:08Z
dc.date.available2017-03-02T21:21:08Z
dc.date.issued2017
dc.description.abstractAccurate forecasts of electricity demand inform investment decisions about power generation and supporting network infrastructure. Of major interest to energy policymakers, power utilities, and private investors alike, forecasts are also essential for development professionals. Inaccurate forecasts, whether they over- or under predict demand, can have dire social and economic consequences. Underestimating demand results in supply shortages and forced power outages, with serious consequences for productivity and economic growth. Overestimating demand can lead to overinvestment in generation capacity, possible financial distress, and, ultimately, higher electricity prices. This Live Wire provides practitioners with a quick reference to historical trends for electricity demand in the developing world and to new econometric forecasts at the country level. By providing a succinct overview, it allows the patterns and interrelationships of economic growth (and other relevant drivers) to come into focus. The note also reviews demand-forecasting methodologies and discusses their applicability in different contexts.en
dc.identifierhttp://documents.worldbank.org/curated/en/600501488434824083/Forecasting-electricity-demand-an-aid-for-practitioners
dc.identifier.doi10.1596/26189
dc.identifier.urihttps://hdl.handle.net/10986/26189
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesLive Wire;2017/73
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectelectricity demand
dc.subjectforecasting
dc.subjectenergy market
dc.subjectelectricity generation
dc.titleForecasting Electricity Demanden
dc.title.subtitleAn Aid for Practitionersen
dc.typeBriefen
dc.typeFichefr
dc.typeResumenes
dspace.entity.typePublication
okr.crossref.titleForecasting Electricity Demand: An Aid for Practitioners
okr.date.disclosure2017-03-02
okr.doctypePublications & Research
okr.doctypePublications & Research::Brief
okr.docurlhttp://documents.worldbank.org/curated/en/600501488434824083/Forecasting-electricity-demand-an-aid-for-practitioners
okr.guid600501488434824083
okr.identifier.doi10.1596/26189
okr.identifier.externaldocumentum090224b0849a4a04_1_0
okr.identifier.internaldocumentum27236255
okr.identifier.report113109
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/600501488434824083/pdf/113109-BRI-LWLJfinOKR-PUBLIC.pdfen
okr.topicEnergy::Electric Power
okr.topicEnergy::Energy Demand
okr.unitDECRG: Environment & Energy (DECEE)
relation.isAuthorOfPublication059954cc-a249-5318-9829-61a08ded2637
relation.isAuthorOfPublication.latestForDiscovery059954cc-a249-5318-9829-61a08ded2637
relation.isSeriesOfPublication98e5571a-7cc0-440c-8455-78cc32cc387a
relation.isSeriesOfPublication.latestForDiscovery98e5571a-7cc0-440c-8455-78cc32cc387a
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