IX International scientific and practical conference �“Applied Information Systems and Technologies in the �Digital Society” (AISTDS-2025) Kyiv, Ukraine 01 October
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ELECTRICITY DEMAND PREDICTION USING SARIMA A FRAMEWORK FOR SYSTEM FAILURE MANAGEMENT AND GRID STABILITY
Andrii Iatsyshyn, Hasan Uzel, Feyyaz Alpsalaz, Yıldırım Özüpak, �Andrii Iatsyshyn, Emrah Aslan
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Abstract
Introduction / Motivation
Dataset and Scope
Figure 1. Histogram and boxplot of national electricity demand distribution
Exploratory Data Analysis (EDA)
Figure 2. Analysis of hourly electricity demand patterns
Figure 3. Boxplot of national electricity demand across days of the week
Autocorrelation and Partial Autocorrelation Analysis
SARIMA Model Forecasting Performance Analysis
Table 3. SARIMA model results for national electricity demand
Parameter | Value | Description |
Dependent Variable | y | National electricity demand (denoted as y) |
Model | SARIMAX(3, 0, 1) | SARIMAX model with AR(3), I(0), and MA(1) components |
No. Observations | 218 | Total number of data points |
Log Likelihood | -2205.857 | Log likelihood of the model |
AIC | 4421.714 | Akaike Information Criterion |
BIC | 4438.636 | Bayesian Information Criterion |
HQIC | 4428.549 | Hannan-Quinn Information Criterion |
Date | Thu, 20 Mar 2025 | Date of model fitting |
Time | 14:53:48 | Time of model fitting |
Sample | 01-18-2015 to 03-17-2019 | Time range of the data |
Covariance Type | opg | Covariance type used for standard errors |
Coefficients | | |
ar.L1 | 1.3563 | AR(1) coefficient (std err: 0.086, z: 15.827, P> |
ar.L2 | -0.5465 | AR(2) coefficient (std err: 0.122, z: -4.484, P> |
ar.L3 | 0.1902 | AR(3) coefficient (std err: 0.089, z: 2.126, P> |
ma.L1 | -0.8141 | MA(1) coefficient (std err: 0.068, z: -12.038, P> |
sigma2 | 39,650,000 | Variance of residuals (std err: 5.94e-10, z: 6.68e+16, P> |
Diagnostics | | |
Ljung-Box (L1) (Q) | 0.05 | Ljung-Box test statistic for residual autocorrelation (Prob(Q): 0.83) |
Jarque-Bera (JB) | 6.83 | Jarque-Bera test for normality (Prob(JB): 0.03) |
Heteroskedasticity (H) | 0.71 | Test for heteroskedasticity (Prob(H): 0.14) |
Skew | -0.11 | Skewness of residuals |
Kurtosis | 3.84 | Kurtosis of residuals |
Results and Performance Evaluation
Conclusion and Future Work
Conclusions
Future Work
Thanks for Your Attention!