Environmental Engineering Reference
In-Depth Information
Appendix: Estimation
Load. Sample period: 2002:01
-
2013:08, i.e. a total of 140 monthly observations for
GB. Tables A.1 and A.2 .
Table A.1 OLS estimates of load seasonality
Coef cient
t-ratio
Coef. Adj.
d(1)
3.43684
22.0155
3.7462
d(2)
1.59612
10.2244
1.7398
d(3)
3.37581
21.6246
3.6796
d(4)
1.47726
9.4630
1.6102
d(5)
2.3048
2.11448
13.5449
d(6)
2.2726
14.5577
2.4771
d(7)
2.83468
18.1583
3.0898
d(8)
2.73487
17.5189
2.9810
d(9)
2.27469
13.9508
2.4794
d(10)
0.254252
1.5593
0.2771
d(11)
1.47866
9.0687
1.6117
d(12)
3.69348
22.6523
4.0259
NoteCoef. Adj. stands for seasonal estimates of load plus transmission losses
Table A.2 Regression analysis statistics
Mean-dependent var
S.D.-dependent var
0.011663
2.553337
Sum squared resid
S.E. of regression
37.43261
0.540779
R-squared
Adjusted R-squared
0.958694
0.955145
F(12, 128)
P-value(F)
247.5705
2.43e-82
Log-likelihood
Akaike criterion
106.3144
236.6288
Schwarz criterion
Hannan-Quinn
271.9285
250.9735
Rho
Durbin-Watson
0.232423
2.416934
Average deseasonalised load over the last 24 sample months: 24.90418 TWh.
With transmission losses included: 27.14556 TWh. Load volatility: 0.1801.
Search WWH ::




Custom Search