An empirical investigation of Water Consumption Forecasting methods

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  • Panagiotis I. Karamaziotis
    National Technical University of Athens
  • Achilleas Raptis
    National Technical University of Athens
  • Konstantinos Nikolopoulos
  • Konstantina Litsiou
    Manchester Metropolitan University
  • Vassilis Assimakopoulos
    National Technical University of Athens
Many regions on earth everyday face limitations in the quantity and quality of available water resources. To that end, it is necessary to implement reliable methodologies for water consumption forecasting, that will lead to better management and planning of water resources. In this research, we analyse a first-time used large database containing data from 2 million water meters in 274 unique postal codes, in one of the most densely populated areas in Europe, which faces instances of droughts and overconsumption in hot summer
months. With the assistance of R programming language, we built and tested three alternative forecasting methodologies, employing univariate forecasting techniques including a machine-learning algorithm, with very promising results
Original languageEnglish
Pages (from-to)588-606
JournalInternational Journal of Forecasting
Volume36
Issue number2
Early online date21 Nov 2019
DOIs
Publication statusPublished - Jun 2020

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