G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Modelling the Load Curve of Aggregate Electricity Consumption Using Principal Components
Matteo Manera; Angelo Marzullo
发表日期2003
出处Energy: Resources and Markets
出版年2003
语种英语
摘要Since oil is a non-renewable resource with a high environmental impact, and its most common use is to produce combustibles for electricity, reliable methods for modelling electricity consumption can contribute to a more rational employment of this hydrocarbon fuel. In this paper we apply the Principal Components (PC) method to modelling the load curves of Italy, France and Greece on hourly data of aggregate electricity consumption. The empirical results obtained with the PC approach are compared with those produced by the Fourier and constrained smoothing spline estimators. The PC method represents a much simpler and attractive alternative to modelling electricity consumption since it is extremely easy to compute, it significantly reduces the number of variables to be considered, and generally increases the accuracy of electricity consumption forecasts. As an additional advantage, the PC method is able to accommodate relevant exogenous variables such as daily temperature and environmental factors, and it is extremely versatile in computing out-of-sample forecasts.
特色分类C51,C53,Q30,Q40
关键词Electricity,Load curves,Principal components,Fourier estimator,Constrained smoothing estimator,Temperature,Non-renewable resources,Hydrocarbon fuels,Environment
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/modelling-the-load-curve-of-aggregate-electricity-consumption-using-principal-components/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/116923
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GB/T 7714
Matteo Manera,Angelo Marzullo. Modelling the Load Curve of Aggregate Electricity Consumption Using Principal Components. 2003.
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