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

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Forecasting electricity demand, and peak and base consumptions in Mongolia up until 2030. / Bataa, Erdenebat.
In: Economics: Theory and Practice, Vol. 35, 2022, p. 27-48.

Research output: Contribution to journalArticlepeer-review

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TY - JOUR

T1 - Forecasting electricity demand, and peak and base consumptions in Mongolia up until 2030

AU - Bataa, Erdenebat

PY - 2022

Y1 - 2022

N2 - 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.

AB - 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.

M3 - Erthygl

VL - 35

SP - 27

EP - 48

JO - Economics: Theory and Practice

JF - Economics: Theory and Practice

SN - 2617-247X

ER -