Forecasting techniques
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Improving Energy Management Systems with SARIMA-Based Forecasting of Household Energy Consumption
Abstract: Household energy consumption is a dynamic and multifaceted domain influenced by various factors, including seasonality, weather conditions, and individual consumption habits. For homeowners looking to control expenses, lessen their impact on the environment, and contribute to a sustainable future, accurate forecasting is essential. Precise forecasting is also essential for utility firms to maximize energy production, distribution, and demand control. In a time when resource efficiency and environmental awareness are paramount, …
Published in Journal of Alternate Energy Sources & Technologies · Vol. 15, Issue 1, 2024 Read article