Research Article

Energy Demand Forecasting: Combining Cointegration Analysis and Artificial Intelligence Algorithm

Table 1

Definition and description for the variables.

VariablesDefinitionMaxMinMeanStd. dev.

Eln form of total electricity energy consume (1012 KWH)1.7393−0.88730.44180.8381
ln form of total population (108)2.62082.35942.52080.0769
ln form of gross domestic product (trillion Yuan RMB 1012)2.6540−0.09441.29190.8578
ln form of the ratio of tertiary sector to GDP (%)3.91603.38103.64590.1506
ln form of the urban population to the total (%)4.02713.16593.58810.2809
ln form of price index for the electricity demand2.66230.00001.66740.0825

Note. KWH denotes kilowatt hour.