Energy Demand and Price Analysis
Jesus Indalecio Ruiz Bolanos, Anirban Sharma, Sharaban Tahura Anica, Belvin Thomas, Abhay Mohan
Forecasting energy demand accurately helps energy companies save money and resources. Understanding the factors affecting energy demand influences their decision-making mechanism significantly. Knowing how the consumers use the energy and predicting it for the future helps companies allocate their resources effectively and adopt new energy-saving strategies to reduce GHG emissions and energy production costs which affects energy prices for consumers. I offer to analyze energy data given in this dataset: https://www.kaggle.com/datasets/nicholasjhana/energy-consumption-generation-prices-and-weather/data to understand the hourly energy demand and build a model that gives accurate predictions. I am also open to researching different datasets related to energy predictions or working on a green-energy-related data analysis project.