International Journal of Economics and Business Administration
Articles Information
International Journal of Economics and Business Administration, Vol.6, No.3, Sep. 2020, Pub. Date: Aug. 26, 2020
A Mining Pattern for the Cost of Domestic Energy in Developing Countries
Pages: 97-106 Views: 156 Downloads: 26
[01] Sara Nada, Department of Economics, Faculty of Economics & Political Sciences, Cairo University, Cairo, Egypt.
[02] Mohamed Hamed, Department of Electrical Engineering, Faculty of Engineering, Port Said University, Port Said, Egypt.
This paper treats the hidden meanings through the internal processing intervals of original populations to find out the important hidden conclusions. The title of domestic energy consumption is selected to simulate the aimed operation while Cairo (the capital of Egypt) is considered to represent the developing countries. The designated model contains 15 ideal samples of customers, starting in January 1992 and ending at January 2018, where the energy consumption is analyzed. The corresponding cost is estimated according to the history of energy tariff in Egypt and then the internal vision for the cost and relations with energy is instructed for analysis. The calculation of energy cost is based on the occupied houses strategy where the original data must be transformed to be corresponding for the occupation state. The yearly initial values are introduced for all evaluations to extract the hidden characteristics for the planning and forecasting categories. The energy cost dependency is studied in more details so that the new vision for planning and design may be reached. Both trend and envelope are tailored for explanation since valuable endorsements may be executed while the envelope margin is estimated and debated. It is concluded that, trend and envelope parameters are useful for forecasting processes since a summer pattern is essential for planning procedures in hot countries. Thus, the envelope margin is a good guide for the evaluation of future energy consumption not only in developing countries but also in advanced ones.
Mining Vision, Economic Processing, Domestic Energy Cost, Winter/Summer Seasons, Developing Countries
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