• 162 views | 3 messages Discussion: LEAP
    Topic: DETERMINING FUTURE DEMAND USING REAL GDP GROWTH RATE FOR PLANNED PERIODSSubscribe | Previous | Next
  • Charles Mulenga 10/6/2019

    Dear Colleagues,

    I am trying to project energy demand up to the year 2030 using the Real GDP growth rate as the driving parameter. Now in this particular case, expected real GDP growth rate has been established to be for illustrations purposes only to be 4% (for the period 2016 to 2020) and 6% (for the period 2021 to 2030). i would like to know how l can model these two growth rates the LEAP to determine future demand.

    Kind regards.

    Charles

  • Emily Ghosh 10/7/2019
      Best Response

    Hi Charles,

    In your baseline scenario, you could use the following expression to project real GDP based on the growth rate:

    Growth(4%, 2020, 6%)

    For more information on how the Growth function works, refer to the following help page: https://www.energycommunity.org/Help/Expressions/Growth.htm

    There are several other functions available in LEAP to help build your model. Take a look through the LEAP User Guide under the section called "Expressions" to learn more: https://www.energycommunity.org/Help/index.htm#t=Concepts%2FExpressions.htm

    Hope this helps,
    Emily

  • Charles Mulenga 10/7/2019
      Best Response

    Hai Emily,

    Thanks for your prompt feedback. Yes indeed this helps. Will revert on other specific issues regarding errors am getting under transmission and distribution.

    Kind regards.

    Charles