For long-term demand forecasts, economic and demographic data may need to be considered [27,28]. Bianco et al. [23] use economic and demographic data, such as GDP, GDP per capita and annual population, to forecast the annual electricity consumption in Italy up to 2030. Mohamed and Bodger [22] use the GDP, price of electricity, and population to forecast the annual load in New Zealand up to 2015. Egelioglu et al. [21] find that the number of tourists and price of electricity affect the annual electricity demand of Cyprus. Baker and Rylatt [29] show the relationship between the number of televisions, computers and other electric devices in a region and the future electricity demand. Finally, Bakker and Boonekamp [30] use the expected GDP, population, climate change (hot winters, hot summers), number of households/houses, and numerous industry-specific variables to forecast the electricity demand in the Netherlands up to 2050.