A case study on modelling and forecasting electricity demand data using double seasonal arima

The substantial electricity demand data necessitates modelling and forecasting using an extension of the Seasonal Autoregressive Integrated Moving Average (SARIMA), known as Double SARIMA (DSARIMA). DSARIMA is suitable since the electricity data exhibits two seasonalities. However, researchers often...

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Main Authors: Puteri Aiman Syahirah, Rosman, Nur Haizum, Abd Rahman
Format: Article
Language:English
Published: Pushpa Publishing House 2025
Subjects:
Online Access:https://umpir.ump.edu.my/id/eprint/45337/
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author Puteri Aiman Syahirah, Rosman
Nur Haizum, Abd Rahman
author_facet Puteri Aiman Syahirah, Rosman
Nur Haizum, Abd Rahman
author_sort Puteri Aiman Syahirah, Rosman
building UMP Institutional Repository
collection Online Access
description The substantial electricity demand data necessitates modelling and forecasting using an extension of the Seasonal Autoregressive Integrated Moving Average (SARIMA), known as Double SARIMA (DSARIMA). DSARIMA is suitable since the electricity data exhibits two seasonalities. However, researchers often employed the multiplicative model to analyze seasonal data without considering the alternative models, additive and subset. Thus, this study incorporates all DSARIMA, additive, multiplicative, and subset models in forecasting electricity demand data while comparing different parameter estimation methods: Maximum Likelihood (ML) and least squares. The dataset from the United Kingdom for the years 2022 and 2023 was utilized in this study. The analysis accounted for seasonal patterns with half-hourly and weekly intervals, represented by 48 and 336 periods, respectively. The results reveal that the subset DSARIMA model with the least square estimation method produces the highest forecasting accuracy with the lowest Mean Absolute Percentage Error (MAPE) value compared to the other possible models for all forecasting horizons, ranging from one to four weeks. This study has demonstrated the significance of considering different DSARIMA models with alternative parameter estimation methods. This, ultimately, ensures more accurate and reliable predictions in double seasonal data.
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spelling ump-453372025-08-11T06:51:30Z https://umpir.ump.edu.my/id/eprint/45337/ A case study on modelling and forecasting electricity demand data using double seasonal arima Puteri Aiman Syahirah, Rosman Nur Haizum, Abd Rahman HA Statistics QA Mathematics The substantial electricity demand data necessitates modelling and forecasting using an extension of the Seasonal Autoregressive Integrated Moving Average (SARIMA), known as Double SARIMA (DSARIMA). DSARIMA is suitable since the electricity data exhibits two seasonalities. However, researchers often employed the multiplicative model to analyze seasonal data without considering the alternative models, additive and subset. Thus, this study incorporates all DSARIMA, additive, multiplicative, and subset models in forecasting electricity demand data while comparing different parameter estimation methods: Maximum Likelihood (ML) and least squares. The dataset from the United Kingdom for the years 2022 and 2023 was utilized in this study. The analysis accounted for seasonal patterns with half-hourly and weekly intervals, represented by 48 and 336 periods, respectively. The results reveal that the subset DSARIMA model with the least square estimation method produces the highest forecasting accuracy with the lowest Mean Absolute Percentage Error (MAPE) value compared to the other possible models for all forecasting horizons, ranging from one to four weeks. This study has demonstrated the significance of considering different DSARIMA models with alternative parameter estimation methods. This, ultimately, ensures more accurate and reliable predictions in double seasonal data. Pushpa Publishing House 2025-08 Article PeerReviewed pdf en cc_by_4 https://umpir.ump.edu.my/id/eprint/45337/1/article/view/3009 Puteri Aiman Syahirah, Rosman and Nur Haizum, Abd Rahman (2025) A case study on modelling and forecasting electricity demand data using double seasonal arima. Advances and Applications in Statistics, 92 (9). pp. 1271-1286. ISSN 0972-3617. (Published) https://doi.org/10.17654/0972361725057 https://doi.org/10.17654/0972361725057 https://doi.org/10.17654/0972361725057
spellingShingle HA Statistics
QA Mathematics
Puteri Aiman Syahirah, Rosman
Nur Haizum, Abd Rahman
A case study on modelling and forecasting electricity demand data using double seasonal arima
title A case study on modelling and forecasting electricity demand data using double seasonal arima
title_full A case study on modelling and forecasting electricity demand data using double seasonal arima
title_fullStr A case study on modelling and forecasting electricity demand data using double seasonal arima
title_full_unstemmed A case study on modelling and forecasting electricity demand data using double seasonal arima
title_short A case study on modelling and forecasting electricity demand data using double seasonal arima
title_sort case study on modelling and forecasting electricity demand data using double seasonal arima
topic HA Statistics
QA Mathematics
url https://umpir.ump.edu.my/id/eprint/45337/
https://umpir.ump.edu.my/id/eprint/45337/
https://umpir.ump.edu.my/id/eprint/45337/