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
Authors
[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.
Abstract
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.
Keywords
Mining Vision, Economic Processing, Domestic Energy Cost, Winter/Summer Seasons, Developing Countries
References
[01] David Dreyfus, Anand Nair & Claudia Rosales (2019): The impact of planning and communication on unplanned costs in surgical episodes of care: Implications for reducing waste in hospital operating rooms, J. of Operations Management, First published: 28 November 2019, Handling Editors: Lawrence Fredendall, Anand Nair, Jeffery Smith and Anita Tucker, https://doi.org/10.1002/joom.1070 https://onlinelibrary.wiley.com/doi/full/10.1002/joom.1070
[02] Sara Nada & M. Hamed (2018): Economic Service of Electric Energy in Developing Countries: An Egyptian Sample, International Journal of Economics and Business Administration, Vol. 4, No. 2 (21-51), Jun. 2018, Pub. Date: May 28, 2018, ISSN: 2381-7356 (Print); ISSN: 2381-7364 (Online), Paper No. 70220060_20180320, http://www.aiscience.org/journal/ijeba http://www.aiscience.org/journal/paperInfo/ijeba?paperId=3821
[03] Mohammad Reza Heidari, Gholamreza Heravi Asghar & Nezhadpour Esmaeeli (2020): Integrating life-cycle assessment and life-cycle cost analysis to select sustainable pavement: A probabilistic model using managerial flexibilities, J. of Cleaner Production, Vol. 254, 1 May 2020, 120046, https://doi.org/10.1016/j.jclepro.2020.120046 https://www.sciencedirect.com/science/article/pii/S0959652620300937
[04] Sara Nada & M. Hamed (2019): Growth Analysis for the Electric Energy Curves of Domestic Consumption in North Cairo Zone, Public Science Framework, International Journal of Economics and Business Administration, Vol. 5, No. 1 (1-22), Mar. 2019, Pub. Date: Mar. 5, 2019, ISSN: 2381-7356 (Print); ISSN: 2381-7364 (Online), http://www.aiscience.org/journal/ijeba http://www.aiscience.org/journal/allissues/ijeba.html?issueId=70220501
[05] Victoria Jayne, Mawson Ben & Richard Hughes (2020): Deep learning techniques for energy forecasting and condition monitoring in the manufacturing sector, Energy & Buildings J., Vol. 217, 15 June 2020, 109966. https://doi.org/10.1016/j.enbuild.2020.109966 https://www.sciencedirect.com/science/article/abs/pii/S0378778819332104
[06] Turki Alajmi and Patrick Phelan (2020): Modeling and Forecasting End-Use Energy Consumption for Residential Buildings in Kuwait Using a Bottom-Up Approach, Energies J., Vol. 13, No. 8, 1981. https://doi.org/10.3390/en13081981 https://www.mdpi.com/1996-1073/13/8/1981
[07] Omar Swei: Forecasting Infidelity (2020): Why Current Methods for Predicting Costs Miss the Mark, Journal of Construction Engineering and Management, Vol. 146, No. 2, February 2020. https://ascelibrary.org/doi/abs/10.1061/%28ASCE%29CO.1943-7862.0001756
[08] Roman R. Chugumbaev, Gilyan V. Fedotova, Yulia N. Nesterenko, Nina Chugumbaeva & Vladimir I. Barilenko (2020): Strategic Control as a Tool of Effective Management of Region’s Economy, Part of the Lecture Notes in Networks and Systems book series (LNNS, Vol. 73), Growth Poles of the Global Economy: Emergence, Changes and Future Perspectives (25-36), https://link.springer.com/chapter/10.1007/978-3-030-15160-7_3
[09] Harald Vacika, Mikko Kurttilab, Teppo Hujalac, Chiranjeewee Khadkaad, Arto Haarabe, Jouni Pykäläinenf, Päivi Honkakoskie, Bernhard Wolfslehnerag & Jukka Tikkanenef (2014): Evaluating collaborative planning methods supporting program-based planning in natural resource management, J of Environmental Management, Vol. 144, 1 (304-315), November 2014, https://doi.org/10.1016/j.jenvman.2014.05.029 https://www.sciencedirect.com/science/article/pii/S0301479714002710
[10] Dongsu Kima, Heejin Choa, Jaeyoon Kohb & Piljae Imc (2020): Net-zero energy building design and life-cycle cost analysis with air-source variable refrigerant flow and distributed photovoltaic systems, Renewable and Sustainable Energy Reviews, Vol. 118, February 2020, 109508, https://doi.org/10.1016/j.rser.2019.109508 https://www.sciencedirect.com/science/article/abs/pii/S1364032119307166
[11] Sara Nada & M. Hamed (2019): Grouping Analysis for the Energy Consumption of Domestic Loads in the Distribution Network at North Cairo Zone, International Journal of Economics and Business Administration,, Public Science Framework, paper No. 70220078_20190306, Vol. 5, No. 2 (85-97), ISSN: 2381-7356 (Print); ISSN: 2381-7364 (Online), http://www.aiscience.org/journal/ijeba http://www.aiscience.org/journal/paperInfo/ijeba?paperId=4454
[12] Anirban Basuab (2020): A welfare-theoretic model consistent with the practice of cost-effectiveness analysis and its implications, Journal of Health Economics, Vol. 70, March 2020, 102287, https://doi.org/10.1016/j.jhealeco.2020.102287 https://www.sciencedirect.com/science/article/abs/pii/S0167629619307374
[13] Sheraz Aslamab. Adia Khalidb & Nadeem Javaidb (2020): Towards efficient energy management in smart grids considering microgrids with day-ahead energy forecasting, Electric Power Systems Research J., Vol. 182, May 2020, 106232. https://doi.org/10.1016/j.epsr.2020.106232 https://www.sciencedirect.com/science/article/abs/pii/S0378779620300390
[14] Leontiy Eder & Irina Provornaya (2018): Analysis of energy intensity trend as a tool for long-term forecasting of energy consumption, Energy Efficiency, Vol. 11 (1971–1997), Published: 14 April 2018, https://link.springer.com/article/10.1007/s12053-018-9656-2
[15] Shahbaz, Muhammad and Hoang, Thi Hong Van and Kumar, Mantu and Roubaud, David (2017): Energy Consumption, Financial Development and Economic Growth in India: New Evidence from a Nonlinear and Asymmetric Analysis. https://ideas.repec.org/p/pra/mprapa/76527.html
600 ATLANTIC AVE, BOSTON,
MA 02210, USA
+001-6179630233
AIS is an academia-oriented and non-commercial institute aiming at providing users with a way to quickly and easily get the academic and scientific information.
Copyright © 2014 - American Institute of Science except certain content provided by third parties.