How to forecast
Forecast power demand of MEA and APE have 3 ways
1. Use a forecast Econometric Model With Error Correction Model having regard to savings and efficiency measures that make use of electric power rate increase at the rate of increase of GDP in the future are likely to decrease and set the Elasticity of MEA, which make the already low rate continues to decline in plan 10-11 (2007-2016) and set to continue in the plan 12 (2017- 2021). Strategic to the MEA with the ordinary constraints allow the growth of electricity consumption in industry is relatively constant while PEA can also expand its manufacturing industry has a large and efficient measures should be functional in the PEA. Then Elasticity of PEA is set to decline in the rate over the forecast period.
2. Calculate the rate of GDP increase of energy required to set the required assumptions.
3. Calculate the rate of increase energy in 2, that is power supply of electricity sell to MEA and PEA's customers
4. Calculate power of MEA and PEA have to buy from electricity Then calculate value of LOSS that defined in the assumptions.