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Macro Modelling of Electricity Price Towards SDG7

dc.contributor.authorMartins, Florinda
dc.contributor.authorFelgueiras, Carlos
dc.contributor.authorCaetano, Nídia
dc.date.accessioned2022-05-11T10:03:14Z
dc.date.available2022-05-11T10:03:14Z
dc.date.issued2021
dc.descriptionICEER2021 – the 8th International Conference on Energy and Environment Researchpt_PT
dc.description.abstractEnergy is a very important issue to achieve Sustainable Development. Energy availability and affordability are key aspects for ending poverty and giving access to base commodities. In addition our daily lifes rely on electric appliances and gadgets to perform inumerous tasks so electricity price is a crucial issue due to its economic, environmental and social impacts. In this work it was studied the correlation of electricity price with the electricity mix from the several sources, GDP, energy productivity, electricity consumption per capita, fossil fuel reserves, and diesel price using Spearman correlation. The Kruskal-Wallis test was then applied considering the significant correlations and the macro variables that presented statistically significant differences were used to model electricity price. The logarithmic and linear model based on energy productivity to predict electricity price were the best models. The models were applied to the data and the average deviation was 10.3% and 11.7% which is satisfactory. Millions of people in the World are affected by electricity price and it is important to have models to predict electricity price to help in the decision-making process and in management.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.isbn978-989-54758-9-6
dc.identifier.urihttp://hdl.handle.net/10400.22/20489
dc.language.isoengpt_PT
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/pt_PT
dc.subjectEnergypt_PT
dc.subjectElectricity pricept_PT
dc.subjectSustainable Development Goalspt_PT
dc.subjectRegression modelspt_PT
dc.titleMacro Modelling of Electricity Price Towards SDG7pt_PT
dc.typeconference object
dspace.entity.typePublication
oaire.citation.conferencePlaceSeptember 13-17, 2021 (online)pt_PT
oaire.citation.endPage230pt_PT
oaire.citation.startPage229pt_PT
oaire.citation.titleBook of Abstracts of ICEER2021 – the 8th International Conference on Energy and Environment Research: Developing the World in 2021 with Clean and Safe Energypt_PT
person.familyNameMartins
person.familyNameFelgueiras
person.familyNameCaetano
person.givenNameF.
person.givenNameCarlos
person.givenNameNídia
person.identifierR-000-DJC
person.identifier.ciencia-idF112-AE32-9279
person.identifier.ciencia-id1F1D-73E2-BFBF
person.identifier.orcid0000-0002-8866-1799
person.identifier.orcid0000-0002-4202-5551
person.identifier.orcid0000-0002-2185-6401
person.identifier.ridI-3934-2012
person.identifier.scopus-author-id55901684900
rcaap.rightsopenAccesspt_PT
rcaap.typeconferenceObjectpt_PT
relation.isAuthorOfPublication1fbb67b0-e0f2-4541-aacc-d36da11446c5
relation.isAuthorOfPublication5caac062-e186-4a91-b76b-5a7ea3271b24
relation.isAuthorOfPublication4bbb44e7-228a-48fb-abc2-8df5e27d0b48
relation.isAuthorOfPublication.latestForDiscovery1fbb67b0-e0f2-4541-aacc-d36da11446c5

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