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International Journal of Academic Research in Economics and Management Sciences

Open Access Journal

ISSN: 2226-3624

Elaboration of Electricity Energy for Production-Consumption Relation of Northern-Iraq for the Future Expectations

Ahmet Demir

http://dx.doi.org/10.6007/IJAREMS/v3-i5/1192

Open access

Balance between electricity production and consumption plays an important role for future strategic plan of a region. From this point of view, the concerning region should be aware of and forecast future production-consumption cycle and balance them. In this research, Northern-Iraq situation is taken into consideration to elaborate electricity energy consumption and compare with the generation. Competitive models such as Winters Additive and Box-Jenkins are considered to choose best model for the elaboration.