Understanding the Impacts of GDP and Population in South Africa's Energy Consumption

Oludolapo A. Olanrewaju, Josiah L. Munda, and Adisa A. Jimoh

Keywords

Energy consumption, gross domestic product, population, ANN

Abstract

The objective of this paper is to develop a forecast model dependent on artificial neural network (ANN) to model South Africa’s energy consumption between 2002 and 2009 based on the input factors – gross domestic product (GDP) and population. To what significance does the country’s energy consumption depend on these input factors was also successfully analyzed. The paper employs ANN to carry out these various analyses successfully. In comparison to the regression analyses, it was discovered that ANN is a better modeling technique.

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