Forecasting electricity demand, and peak and base consumptions in Mongolia up until 2030

This work provides forecasts of Mongolia's electricity demand and high and low electricity load up until 2030. It reflects the historical dynamics of Mongolia's electricity demand (reserves, distribution) and consumption by various economic sectors. The model uses information on Mongolia's population, real economic growth, GDP per capita, heating degree days, electricity prices, inflation, and the Oyu Tolgoi mining development. Conditional on the average forecasts of macro-economy, population growth, and other policy factors, Mongolia's electricity reserves will reach 12488.7 GWh by 2030, with a high load of 1621.4 GWh and a low load of 717.2 GWh in the Central Region.