TY - BOOK AU - Lee,Jun-yaw AU - Sauter-Servaes,Florian AU - I,Fude AU - Lucas,N.J.D. ED - Government of Republic China, TI - Electricity demand forecast for Taiwan Republic of China T2 - Thesis PY - 1984/// CY - Bangkok PB - Asian Institute of Technology KW - Electricity KW - Taiwan N1 - A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering, School of Environment, Resources & Development; Thesis (M.Eng.) - Asian Institute of Technology, 1984 N2 - This study presents three different approaches to electricity demand forecasting and applied them to the case of Taiwan up to the year 1992. The econometric models are estimated for each of eight economic sectors separately, using yearly data from 1970 to 1981 for each sectors. The price of electricity, the price of natural gas and value added in each sector are important factors determining the electricity demand. Long and short term elasticities are estimated and discussed. The model forecasts electricity demand by different scenarios. A probability forecast is also made to include the stochastic nature of the different scenarios in the considerations. The Box-Jenkins ARIMA and bivariate transfer function models are also used to compare the performance of these methods. It is concluded that the bivariate transfer function model could be a very good approach to the aggregate electricity demand forecast. The forecasting results show that electricity demand will continue to grow. However, the rates of growth will be considerably lower than those observed in the 1960s and 1970s. UR - http://203.159.5.9/ait-thesis/detail.php?q=B20844 ER -