The Energy Consumption Forecasting in China Based on ARIMA Model

DOI

10.2991/meita-15.2015.37How to use a DOI?

Keywords

energy consumption, ARIMA model; forecast, China

Abstract

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.

Copyright

© 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/).

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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  -