A prediction of oil demand in Malaysia using time series modeling approach
Energy planning and preparation is important to ensure stability in economy and security of a nation. It depends on the accurate prediction of future demand of energy. This paper presents prediction of oil demand as one of the energy sources used in Malaysia. Mathematical model is developed from his...
| Main Authors: | , , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2008
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| Subjects: | |
| Online Access: | http://scholars.utp.edu.my/id/eprint/371/ http://scholars.utp.edu.my/id/eprint/371/1/paper.pdf |
| _version_ | 1848658968811929600 |
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| author | N., Saad I., Awaludin H., Agustiawan |
| author_facet | N., Saad I., Awaludin H., Agustiawan |
| author_sort | N., Saad |
| building | UTP Institutional Repository |
| collection | Online Access |
| description | Energy planning and preparation is important to ensure stability in economy and security of a nation. It depends on the accurate prediction of future demand of energy. This paper presents prediction of oil demand as one of the energy sources used in Malaysia. Mathematical model is developed from historical data to approximate the function of oil consumption. The model is approximated through nonlinear time series modeling approach. Several models of oil demand in time series polynomial equations with different order are presented and compared. These models are then be used to predict future oil demand in Malaysia until year 2020. © 2008 IEEE.
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| first_indexed | 2025-11-13T07:22:58Z |
| format | Conference or Workshop Item |
| id | oai:scholars.utp.edu.my:371 |
| institution | Universiti Teknologi Petronas |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-13T07:22:58Z |
| publishDate | 2008 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | oai:scholars.utp.edu.my:3712017-01-19T08:26:38Z http://scholars.utp.edu.my/id/eprint/371/ A prediction of oil demand in Malaysia using time series modeling approach N., Saad I., Awaludin H., Agustiawan TK Electrical engineering. Electronics Nuclear engineering Energy planning and preparation is important to ensure stability in economy and security of a nation. It depends on the accurate prediction of future demand of energy. This paper presents prediction of oil demand as one of the energy sources used in Malaysia. Mathematical model is developed from historical data to approximate the function of oil consumption. The model is approximated through nonlinear time series modeling approach. Several models of oil demand in time series polynomial equations with different order are presented and compared. These models are then be used to predict future oil demand in Malaysia until year 2020. © 2008 IEEE. 2008 Conference or Workshop Item NonPeerReviewed application/pdf en http://scholars.utp.edu.my/id/eprint/371/1/paper.pdf N., Saad and I., Awaludin and H., Agustiawan (2008) A prediction of oil demand in Malaysia using time series modeling approach. In: International Symposium on Information Technology 2008, ITSim, 26 August 2008 through 29 August 2008, Kuala Lumpur. http://www.scopus.com/inward/record.url?eid=2-s2.0-57349143784&partnerID=40&md5=9cd723226f8d02f231b0bd5a41fde38b |
| spellingShingle | TK Electrical engineering. Electronics Nuclear engineering N., Saad I., Awaludin H., Agustiawan A prediction of oil demand in Malaysia using time series modeling approach |
| title | A prediction of oil demand in Malaysia using time series modeling approach
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| title_full | A prediction of oil demand in Malaysia using time series modeling approach
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| title_fullStr | A prediction of oil demand in Malaysia using time series modeling approach
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| title_full_unstemmed | A prediction of oil demand in Malaysia using time series modeling approach
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| title_short | A prediction of oil demand in Malaysia using time series modeling approach
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| title_sort | prediction of oil demand in malaysia using time series modeling approach |
| topic | TK Electrical engineering. Electronics Nuclear engineering |
| url | http://scholars.utp.edu.my/id/eprint/371/ http://scholars.utp.edu.my/id/eprint/371/ http://scholars.utp.edu.my/id/eprint/371/1/paper.pdf |