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Crossref citation coverage: 1 / 1 publications (100.0%). Latest observation: 21 Oct 2026, 00:21 UTC. Means and percentages use records with known counts.

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1 publications

JOURNAL ARTICLE

Future Electricity Demand of the Emerging European Countries and the CIS Countries

Mehmet Fatih Bayramoglu

International Journal of Finance & Banking Studies · 2016

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Nowadays, one of the leading factors used in the evaluation of a country’s economic development is energy consumption. Because of economic growth, demand for energy is also increasing. In this study, the emerging European countries’ (the Czech Republic, Poland, Romania, Turkey) and the CIS countries’ (Kazakhstan, Russia, Ukraine, Uzbekistan)  electricity consumption has been forecasted for five years period (2015-2019). In the study, GM(1,1) Rolling Model, which is developed in the framework of Grey System Theory is used as a mathematical model for real-time forecasting. The results of the study show that there will not be a significant change in electricity demand in this two area during the 2015-2109 period. 

DOI 10.20525/ijfbs.v5i6.6181 Crossref citations1 OpenAlex citations