Abstract
In this study, the monthly electricity consumption for the period of January 1990 through December 2011 in Pakistan is analysed using functional time series (FTS) technique. Electricity consumption model reveals a significant trend due to socio-economic factors. The monthly behavior of forecast values reveals that the electricity consumption is more for summer season and this demand will be increased in future. Forecast model and the forecast values show that the electricity consumption is increasing with the passage of time. The growing energy consumption in the country may be due to economic growth, urbanization process in the region, population growth and industrialization.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
