Electricity demand forecasting in case of Uzbekistan

This study is aimed to forecast demand for electricity in case of Uzbekistan in medium term with the influencesof economic growth and population growth. For forecasting the demand for electricity, ARIMAX model is employed astime series data is utilized for the study. In response to preliminary findings, the economic growth and population growthare argued as one of the major sources and factors to rise demand for electricity, but the question was by how muchthose factors lead to growth of electricity demand in case of Uzbekistan. Thus, by taking into account those factors, theelectricity demand has been struggled to forecast by 2027 based on the past data from 2010 till 2023.