The Energy Consumption Forecasting in China Based on ARIMA Model
Available Online August 2015.
- 10.2991/meita-15.2015.37How to use a DOI?
- energy consumption, ARIMA model; forecast, China
China's energy consumption will continue to rise rapidly. It is necessary to forecast China's energy consumption to formulate energy and economic policy. This study establish a ARIMA model and forecast the energy consumption in future. The results show ARIMA model performs high prediction accuracy. It is suitable for energy consumption. It is also observed that China's energy consumption is likely to increase during 2012-2020. Energy consumption in 2020 is projected to 4450Mtce in 2020, lower than target value. The results are helpful to policy formulation in China.
- © 2015, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Junwei Miao PY - 2015/08 DA - 2015/08 TI - The Energy Consumption Forecasting in China Based on ARIMA Model BT - Proceedings of the 2015 International Conference on Materials Engineering and Information Technology Applications PB - Atlantis Press SP - 192 EP - 196 SN - 2352-5401 UR - https://doi.org/10.2991/meita-15.2015.37 DO - 10.2991/meita-15.2015.37 ID - Miao2015/08 ER -