Remarks on linear modelling for assessment of electricity consumption in Albania
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Keywords:
Linear Modelling, Electricity Consumption, Distribution, Nonlinear AnalysisAbstract
The significance of the projected response by a standard model is conditioned from the accuracy
of the prediction of the cause variables, the models used and also from the dynamics of the factor variables
which affect the response. In this work we have discussed about predictions methods of the consumption
of the electricity in Albania. We considered simple linear models which involves heterogeneous variables
such as the temperature, and slowly varying variable as the econometric quantities, empirical trend and
regression analysis. We concluded that using a single model the prediction and forecasting is questionable,
and when considering several methods, we can recognise the range of the expected changes. For enhancing
the prediction of the response variable in this case a deeper non-stationarity analysis, and more variables
must be considered.
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