Predict Power Generation Using the 'Extrapolation of the Trend
Description
This article analyzes the forecasts developed by us, as well as the forecast of electricity consumption. Based on the calculation, the dynamics of electricity generation and energy consumption were analyzed by types of economic activity in Kyrgyzstan. A linear correlation coefficient was also calculated, and a linear determination coefficient was determined on the basis of this linear correlation coefficient. Comparing the obtained coefficient of determination with the Cheddock scale, a high relationship is determined between the generation and consumption of electricity in the Kyrgyz Republic. In order to find the elasticity coefficient and predict the production and consumption of electricity, we used the regression equation. And in the end, it was determined that the growth in output by 1% allows consumption growth by 0.5%.
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- 2414-2948 (ISSN)