Modeling of the Energy Consumption within the Framework of the Energy Efficiency Management

Abstract

Insufficient level of energy efficiency in Ukraine requires a reformation of power sector in order to develop the mechanisms that could stimulate market players for efficient resource usage. For this purpose, it is advisable to use the experience of other energy markets, which is based on the offering of saved electrical energy or reduced capacity as a resource in the market. Thus, it is important to determine accurately the expected and actual demand reduction and amount of saved energy. This study contains the comparative analysis of the existing approaches for determination and measurement of the data necessary for solving the mentioned tasks. Therefore, the paper investigates methods for modeling of energy consumption of the Ukrainian objects where energy efficient projects are implemented. The main contribution of this paper is in the usage of forecasting methods for the development of the expected energy use models of such objects. In the case of the certain type of objects the accuracy of the research results exceeds the accuracy of the results, obtained through usage of the existing approaches in a pure form.