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Abstract In this work we are interested in analyzing the energy demand in Colombia for a short-term horizon, from a functional data approach. First, we make an exhaustive review of the literature on functional spaces as a potential source of statistical information. It is, of course, a theoretical reinterpretation since in practice the data are elements of a finite-dimensional space; however, very high-frequency data, properly treated, can be viewed as elements of a space of continuous functions. Second, we put such a reinterpretation into practice, by performing a spline-type smoothing of commercial energy demand, based on hourly-daily data. As a result, a function or smooth curve is obtained for each day. Finally, we expose the usefulness of this new approach for statistical analysis, modeling, and projection (or forecasting) of stochastic processes that generate high-frequency random variables. Downloads Download data is not yet available. Downloads FULL TEXT Published 2023-01-22 How to Cite Marin, J. B., Marulanda, L. M., & Duque, F. V. (2023). Analyzing Electricity Demand in Colombia: A Functional Time Series Approach. International Journal of Energy Economics and Policy, 13(1), 75–84. https://doi.org/10.32479/ijeep.13728 More Citation Formats ACM ACS APA ABNT Chicago Harvard IEEE MLA Turabian Vancouver Download Citation Endnote/Zotero/Mendeley (RIS) BibTeX Issue Vol. 13 No. 1 (2023) Section Articles License Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication. Most read articles by the same author(s) Jorge Barrientos Marin, Hector Gomez Marin, Oligopoly and Collusion in the Colombian Electricity Market , International Journal of Energy Economics and Policy: Vol. 12 No. 3 (2022) Jorge Barrientos Marin, Elkin Tabares Orozco, Esteban Velilla, Forecasting electricity price in Colombia: A comparison between Neural Network, ARMA process and Hybrid Models , International Journal of Energy Economics and Policy: Vol. 8 No. 3 (2018) Make a Submission Make a Submission Dergi Kapağı

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