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Forecasting Daily Residential Natural Gas Consumption: A Dynamic Temperature Modelling Approach

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  • Ahmet Goncu
  • Mehmet Oguz Karahan
  • Tolga Umut Kuzubas

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  • Ahmet Goncu & Mehmet Oguz Karahan & Tolga Umut Kuzubas, 2013. "Forecasting Daily Residential Natural Gas Consumption: A Dynamic Temperature Modelling Approach," Working Papers 2013/11, Bogazici University, Department of Economics.
    • Handle: RePEc:bou:wpaper:2013/11
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    References listed on IDEAS

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    1. Ediger, Volkan S. & Akar, Sertac, 2007. "ARIMA forecasting of primary energy demand by fuel in Turkey," Energy Policy, Elsevier, vol. 35(3), pages 1701-1708, March.
    2. Crompton, Paul & Wu, Yanrui, 2005. "Energy consumption in China: past trends and future directions," Energy Economics, Elsevier, vol. 27(1), pages 195-208, January.
    3. Liu, Lon-Mu & Lin, Maw-Wen, 1991. "Forecasting residential consumption of natural gas using monthly and quarterly time series," International Journal of Forecasting, Elsevier, vol. 7(1), pages 3-16, May.
    4. Sanchez-Ubeda, Eugenio Fco. & Berzosa, Ana, 2007. "Modeling and forecasting industrial end-use natural gas consumption," Energy Economics, Elsevier, vol. 29(4), pages 710-742, July.
    5. Ahmet GÖNCÜ & Mehmet Oguz KARAHAN & Tolga Umut KUZUBAŞ, 2011. "Pricing of temperature-based weather options for Turkey," Iktisat Isletme ve Finans, Bilgesel Yayincilik, vol. 26(309), pages 33-50.
    6. Erdogdu, Erkan, 2010. "Natural gas demand in Turkey," Applied Energy, Elsevier, vol. 87(1), pages 211-219, January.
    7. Gutiérrez, R. & Nafidi, A. & Gutiérrez Sánchez, R., 2005. "Forecasting total natural-gas consumption in Spain by using the stochastic Gompertz innovation diffusion model," Applied Energy, Elsevier, vol. 80(2), pages 115-124, February.
    8. Fiona Burlig & Christopher Knittel & David Rapson & Mar Reguant & Catherine Wolfram, 2020. "Machine Learning from Schools about Energy Efficiency," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 7(6), pages 1181-1217.
    9. Sarak, H & Satman, A, 2003. "The degree-day method to estimate the residential heating natural gas consumption in Turkey: a case study," Energy, Elsevier, vol. 28(9), pages 929-939.
    10. Soldo, Božidar, 2012. "Forecasting natural gas consumption," Applied Energy, Elsevier, vol. 92(C), pages 26-37.
    11. Potocnik, Primoz & Thaler, Marko & Govekar, Edvard & Grabec, Igor & Poredos, Alojz, 2007. "Forecasting risks of natural gas consumption in Slovenia," Energy Policy, Elsevier, vol. 35(8), pages 4271-4282, August.
    12. Peter Alaton & Boualem Djehiche & David Stillberger, 2002. "On modelling and pricing weather derivatives," Applied Mathematical Finance, Taylor & Francis Journals, vol. 9(1), pages 1-20.
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    Cited by:

    1. Spoladore, Alessandro & Borelli, Davide & Devia, Francesco & Mora, Flavio & Schenone, Corrado, 2016. "Model for forecasting residential heat demand based on natural gas consumption and energy performance indicators," Applied Energy, Elsevier, vol. 182(C), pages 488-499.

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