ENERGY DEMAND FORECASTING IN HUILA: A COMPARISON OF PREDICTIVE MODELS

Main Article Content

Jorge Eduardo Barón Méndez
Diego Alejandro Manrique Cabezas

Abstract

This study analyzes the energy demand of the department of Huila between 2023 and 2025 using statistical and machine learning models, with the aim of evaluating their predictive capacity and providing evidence for understanding the recent dynamics of regional electricity consumption. The database used includes daily and hourly electricity consumption series, which allowed the examination of seasonal patterns, growth trends, and demand variations associated with different temporal behaviors. The analysis implemented ARIMA, SARIMAX, linear regression, Support Vector Regression (SVR), Gaussian Process Regression (GPR), and Random Forest models, and their performance was evaluated using error metrics such as MAE, RMSE, MAPE, MASE, and R². The results show that traditional statistical models, particularly ARIMA and SARIMAX, exhibited more limited performance in dealing with the complexity and nonlinearity of the analyzed series. In contrast, machine learning models achieved better levels of fit, with Random Forest standing out, obtaining an RMSE of 14.137 units and an R² of 0.67, positioning it as the best-performing model among those evaluated for hourly forecasting. In this regard, the findings highlight the potential of machine learning approaches to strengthen regional-scale energy demand forecasting exercises.

Article Details

How to Cite

Barón Méndez, J. E., & Manrique Cabezas, D. A. (2026). ENERGY DEMAND FORECASTING IN HUILA: A COMPARISON OF PREDICTIVE MODELS. Semestre Económico, 29(67), 1-38. https://doi.org/10.22395/seec.v29n67a5326

References

Ahmed, A., Jakir, T., Hossain, N., Fahim, A., Hossain, A., Hoque, A., & Hasan, S. (2025). Predicting energy consumption in hospitals using machine learning: A data-driven approach to energy efficiency in the USA. Journal of Computer Science and Technology Studies. 7,1. DOI: https://doi.org/10.32996/jcsts.2025.7.1.15

​Alizamir, M., Wang, M., Adnan-Ikram, R., Kim, S., Ahmed, K., & Heddam, S. (2024). Developing an efficient explainable artificial intelligence approach for accurate reverse osmosis desalination plant performance prediction: Application of SHAP analysis. Engineering Applications of Computational Fluid Mechanics, 18(1), 2422060. https://doi.org/10.1080/19942060.2024.2422060

​Al Kez, D., Foley, A., Abdul, Z. K., & Furszyfer Del Rio, D. (2024). Energy poverty prediction in the United Kingdom: A machine learning approach. Energy Policy, 184, 113909. https://doi.org/10.1016/j.enpol.2023.113909

​Alshater, M. M., Kampouris, I., Marashdeh, H., Atayah, O. F., & Banna, H. (2025). Early warning system to predict energy prices: The role of artificial intelligence and machine learning. Annals of Operations Research, 345(2), 1297–1333. https://doi.org/10.1007/s10479-022-04908-9

​Ansong, M., Nyang'onda, T. N., Musembi, R. J., & Richards, B. S. (2024). Very short-term solar irradiance forecasting for photovoltaic power integration with the grid: Potentials and challenges for Africa. In 2024 IEEE PES/IAS PowerAfrica (pp. 1–5). IEEE. https://doi.org/10.1109/PowerAfrica61624.2024.10759405

​Bulungu, D. M., & Kumar, A. (2024). Forecasting the economic growth of Sverdlovsk region: A comparative analysis of machine learning, linear regression and autoregressive models. Journal of Applied Economic Research, 23(3), 674–695. https://doi.org/10.15826/vestnik.2024.23.3.027

​Comisión de Regulación de Energía y Gas. (2024). Informe al Congreso: Segundo semestre de 2024. CREG.

​Cui, X., Lee, M., Koo, C., & Hong, T. (2024). Energy consumption prediction and household feature analysis for different residential building types using machine learning and SHAP: Toward energy-efficient buildings. Energy and Buildings, 309, 113997. https://doi.org/10.1016/j.enbuild.2024.113997

​Hasan, M. S., Tarequzzaman, M., Moznuzzaman, M., & Ahad Juel, M. A. (2025). Prediction of energy consumption in four sectors using support vector regression optimized with genetic algorithm. Heliyon, 11(2), e41765. https://doi.org/10.1016/j.heliyon.2025.e41765

​Hicks, J. R., & Allen, R. G. D. (1934). A reconsideration of the theory of value. Part I. Economica, 1(1), 52–76. https://doi.org/10.2307/2548574

​Hyndman, R. y Athanasopoulos, G. (2018). Pronóstico: principios y práctica. OTexts.

​Hotelling, H. (1931). The economics of exhaustible resources. Journal of Political Economy, 39(2), 137–175. https://doi.org/10.1086/254195

​Ibarra, N., Duque, J., Velandia, Y. y Salas, L. (2024). Energías renovables en la caficultura colombiana: Estrategias para la sostenibilidad y la eficiencia energética. Universidad EAN.

​Kaloop, M., Ahmad, F., Samui, P., Elbeltagi, E., Hu, J.-W., & Wefki, H. (2025). Predicting energy consumption of residential buildings using metaheuristic-optimized artificial neural network technique in early design stage. Building and Environment. 274, 112749 y DOI: https://doi.org/10.1016/j.buildenv.2025.112749

​Kulisz, M., Kujawska, J., Cioch, M., Cel, W., & Pizoń, J. (2024). Comparative analysis of machine learning methods for predicting energy recovery from waste. Applied Sciences, 14(7), 2997. https://doi.org/10.3390/app14072997

​Li, Y., Zhang, W., Zhao, B., Sharp, B., & Nie, J. (2026). Does energy poverty affect subjective well-being? Evidence from a cross-country analysis. Applied Economics, 58(1), 141–156. https://doi.org/10.1080/00036846.2024.2449208

​López, F., Torre, J., Ríos, L., & Ruvulvaba, L. (2024). Enhancing electricity demand prediction in Mexico: A comparative analysis of forecasting models using conformal prediction. Revista de Gestão Social e Ambiental, 18(12), e010644. https://doi.org/10.24857/rgsa.v18n12-235

​Marshall, A. (1890). Principios de economía. Macmillan and Company.

​Mohammed, D., Ebrahim Ali, D. M. T., Motuzienė, V., & Džiugaitė-Tumėnienė, R. (2024). AI-driven innovations in building energy management systems: A review of potential applications and energy savings. Energies, 17(17), 4277. https://doi.org/10.3390/en17174277

​Molnar, C. (2020). Interpretable machine learning. Lulu.com.

​Olivares, F. (2025). Análisis de técnicas en ciencia de datos aplicadas a la matriz energética renovable en Colombia. Repositorio UNAD. https://repository.unad.edu.co/handle/10596/70349

​Osorio, W. (2025). Uso del machine learning en la predicción de la demanda de energía en Colombia. Repositorio UNAD. https://repository.unad.edu.co/handle/10596/70599

​Pérez-Rosero, D. A., Manrique-Cabezas, D. A., Triana-Martínez, J. C., Álvarez-Meza, A. M., & Castellanos-Domínguez, G. (2025). An explainable framework integrating local biplots and Gaussian processes for unemployment rate prediction in Colombia. Computation, 13(5), 116. https://doi.org/10.3390/computation13050116

​Pineda, C., Arrieta, I. y Quitián, M. (2020). Generando oportunidades en la calidad de vida de los habitantes de Villavieja en el departamento del Huila a través de energías renovables. Repositorio UNAD. https://repository.unad.edu.co/handle/10596/35251

​Rao, A., Kumar, S., & Karim, S. (2024). Accelerating renewables: Unveiling the role of green energy markets. Applied Energy, 366, 123286. https://doi.org/10.1016/j.apenergy.2024.123286

​Reyes, R., Turriago, A., Cárdenas, M. y Buitrago, J. (2023). Análisis de políticas públicas para la adopción de energías renovables no convencionales en Colombia. Cuadernos Latinoamericanos de Administración. 19, 36. DOI: https://doi.org/10.18270/cuaderlam.v19i36.4052

​Rocha, A. (2024). Modelo de pronóstico de demanda de energía eléctrica a corto plazo basado en redes neuronales recurrentes [Tesis de grado, Escuela Politécnica Nacional]. https://bibdigital.epn.edu.ec/handle/15000/25750

​Rojas, J. (2024). Pronóstico de demanda de energía eléctrica en un mercado de comercialización en Colombia [Tesis de grado, Universidad de Antioquia]. Disponible en: https://hdl.handle.net/10495/40395

​Samuelson, P. A. y Nordhaus, W. D. (2010). Macroeconomía con aplicaciones en Latinoamérica. McGraw-Hill.

​Torres, C., Rojas, A., Higuera, D., Hernández, J. y Calle, J. (2017). Planeamiento estratégico del sector de las fuentes no convencionales de energía renovable en Colombia. [Tesis de grado, Pontificia Universidad Católica del Perú]. http://hdl.handle.net/20.500.12404/8788

​Ubal, C., Di-Giorgi, G., Contreras-Reyes, J. E., & Salas, R. (2023). Predicting the long-term dependencies in time series using recurrent artificial neural networks. Machine Learning and Knowledge Extraction, 5(4), 1340–1358. https://doi.org/10.3390/make5040068

​Wang, W. (2025). Theories for analyzing issues of household energy consumption. En Household energy consumption in China. Consumo energético doméstico en China. Cambio climático y transición energética. Springer, Singapur. https://doi.org/10.1007/978-981-96-7941-6_2

​XM SA ESP. (s. f.). GitHub. GitHub. Recuperado el 1 de abril de 2026, de https://github.com/XM-SA-ESP

​Zhang, Y., Dong, X., Wang, X., Zhang, P., Liu, M., Zhang, Y., & Xiao, R. (2023). The relationship between the low-carbon industrial model and human well-being: A case study of the electric power industry. Energies, 16(3), 1357. https://doi.org/10.3390/en16031357

​Zhu, H., Hao, H., & Lu, C. (2024). Enhanced support vector machine-based moving regression strategy for response prediction and reliability estimation of complex structure. Aerospace Science and Technology, 155, 109634. https://doi.org/10.1016/j.ast.2024.109634

​Zucaro, A., & Agostinho, F. (2025). Urban sustainability: Challenges and opportunities for resilient and resource-efficient cities. Frontiers in Sustainable Cities, 7, 1556974. https://doi.org/10.3389/frsc.2025.1556974

Author Biographies

Jorge Eduardo Barón Méndez

Profesional en Finanzas y Comercio Internacional, Universidad del Rosario, Bogotá, Colombia. Magíster en Economía, Universidad de Manizales, Manizales, Colombia. Correo electrónico: jbaronmendez@gmail.com. Orcid: https://orcid.org/0009-0007-9371-8386

Diego Alejandro Manrique Cabezas, Universidad Nacional de Colombia

Economista, Universidad del Quindío, Armenia, Colombia. Magíster en Economía, Universidad de Manizales, Manizales, Colombia. Magíster en Ingeniería – Automatización Industrial, Universidad Nacional de Colombia, Manizales, Colombia. PhD (C) en Ingeniería Automática, Universidad Nacional de Colombia, Manizales, Colombia. Profesor e investigador, Departamento de Administración y Economía, Universidad Autónoma de Manizales, Manizales, Colombia. Correo electrónico: diegoa.manriquec@autonoma.edu.co. Orcid: https://orcid.org/0000-0002-6493-3657