An empirical investigation of water consumption forecasting methods

B-Tier
Journal: International Journal of Forecasting
Year: 2020
Volume: 36
Issue: 2
Pages: 588-606

Authors (5)

Karamaziotis, Panagiotis I. (not in RePEc) Raptis, Achilleas (not in RePEc) Nikolopoulos, Konstantinos (Durham University) Litsiou, Konstantia (not in RePEc) Assimakopoulos, Vassilis (not in RePEc)

Score contribution per author:

0.402 = (α=2.01 / 5 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Many regions on earth face daily limitations in the quantity and quality of the water resources available. As a result, it is necessary to implement reliable methodologies for water consumption forecasting that will enable the better management and planning of water resources. This research analyses, for the first time, a large database containing data from 2 million water meters in 274 unique postal codes, in one of the most densely populated areas of Europe, which faces issues of droughts and overconsumption in the hot summer months. Using the R programming language, we built and tested three alternative forecasting methodologies, employing univariate forecasting techniques including a machine-learning algorithm, with very promising results.

Technical Details

RePEc Handle
repec:eee:intfor:v:36:y:2020:i:2:p:588-606
Journal Field
Econometrics
Author Count
5
Added to Database
2026-01-26