Estimation and Forecasting of the Average Unit Cost of Energy Supply in a Distribution System Using Multiple Linear Regression and ARIMAX Modeling in Ecuador

Estimation and Forecasting of the Average Unit Cost of Energy Supply in a Distribution System Using Multiple Linear Regression and ARIMAX Modeling in Ecuador

The accurate estimation of electricity supply costs has become increasingly relevant due to growing demand, variable generation sources, and regulatory changes in emerging power systems. This study models the average unit cost of electricity supply (USD/kWh) in Ecuador using multiple linear regressi...

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Bibliographic Details
Main Authors: Pablo Alejandro Mendez-Santos, Nathalia Alexandra Chacón-Reino, Luis Fernando Guerrero-Vásquez, Jorge Osmani Ordoñez-Ordoñez, Paul Andrés Chasi-Pesantez
Format: Article
Language:English
Published: MDPI AG 2025-07-01
Series:Energies
Subjects:
multiple linear regression
power distribution costs
electricity price forecasting
emerging energy markets
Online Access:https://www.mdpi.com/1996-1073/18/14/3659
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