“…There are different de‐trending approaches proposed in the literature (Bessec & Fouquau,
2008). The method used in this study (Sailor & Muñoz,
1997) is one the most widely used approaches in the climate‐energy research literature and its effectiveness has been extensively documented (Alipour et al.,
2019; Brown et al.,
2016; Khoshbakht et al.,
2018; Mukherjee & Nateghi,
2017a; Parkinson & Djilali,
2015; Santágata et al.,
2017). The de‐trending process involves the following steps:
Where the total years, n years , range from 1990–2016; m denotes the month and y denotes the year.…”