LONG-TERM FORECASTING OF ENERGY, ELECTRICITY AND ACTIVE POWER DEMAND – BOSNIA AND HERZEGOVINA CASE STUDY

AVDAKOVIC, Samir and BECIROVIC, Elvisa and HASANSPAHIC, Nedzad and MUSIC, Mustafa and MERZIC, Ajla and TUHCIC, Almir and KARADZA, Jasmina and PESUT, Damir and KINDERMAN LONCAREVIC, Alenka (2013) LONG-TERM FORECASTING OF ENERGY, ELECTRICITY AND ACTIVE POWER DEMAND – BOSNIA AND HERZEGOVINA CASE STUDY. INTERNATIONAL SYMPOSIUM ON SUSTAINABLE DEVELOPMENT (ISSD2013) "ENERGY ISSUES AND SOLUTIONS" (1). ISSN 2233-1565

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Official URL: http://issd.ibu.edu.ba/

Abstract

Keywords: Forecasting; MAED; Energy; Electricity; Active Power. ABSTRACT Accurate forecast of electricity consumption is important for every electric power company because it determines the dynamics and characteristics of future construction of power facilities. Speaking in the long term, if the forecasts were too low or high, it could cause a number of adverse events leading electricity companies in the generation deficit or complex financial problems due to excessive investment in generating facilities that are not fully utilized. This paper presents the results of the forecast energy demand, electricity and active power of Bosnia and Herzegovina (B&H) system, using the Model for Analysis of Energy Demand (MAED) methodology. Modelling of base year is done on the basis of available statistical data and trends in individual sectors upon trends in other European countries. Results were compared with forecasts that were prepared by other methods in other time periods.

Item Type: Article
Subjects: G Geography. Anthropology. Recreation > GE Environmental Sciences
H Social Sciences > HB Economic Theory
H Social Sciences > HE Transportation and Communications
T Technology > T Technology (General)
T Technology > TA Engineering (General). Civil engineering (General)
T Technology > TD Environmental technology. Sanitary engineering
T Technology > TK Electrical engineering. Electronics Nuclear engineering
T Technology > TS Manufactures
Divisions: Faculty of Engineering and Information Technologies > Information Technologies Department
Depositing User: Users 173 not found.
Date Deposited: 31 May 2013 08:14
Last Modified: 31 May 2013 08:14
URI: http://eprints.ibu.edu.ba/id/eprint/2054

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