Residential Energy Demand Analysis, Modeling, and Forecasting

This lecture delves into the analysis, modeling, and forecasting of energy demand in the residential sector, covering key models such as simple extrapolation, econometric, and techno-economic models. It explores the characteristics of households, housing, and energy uses, emphasizing the importance of understanding energy consumption patterns and forecasting future demand. The instructor discusses the main objectives of modeling, the delimitation of the residential sector, and the factors influencing energy consumption. Various methods for energy demand forecasting are presented, including simple extrapolation and econometric models, with a focus on the impact of income and electricity prices on consumption patterns.