Work

Forecasting Ethanol and Gasoline Consumption in Brazil: Advanced Temporal Models for Sustainable Energy Management

Year: 2025

Type: article

Abstract: The sustainable management of energy resources is fundamental in addressing global environmental and economic challenges, particularly when considering biofuels such as ethanol and gasoline. This study evaluates advanced forecasting models to predict consumption trends for these fuels in Brazil. The models analyzed include ARIMA/SARIMA, Holt-Winters, ETS, TBATS, Facebook Prophet, Uber Orbit, N-BEATS, and TFT. By leveraging datasets spanning 72, 144, and 263 months, the study aims to assess the effectiveness of these models in capturing complex temporal consumption patterns. Uber Orbit exhibited the highest accuracy in forecasting ethanol consumption among the evaluated models, achieving a mean absolute percentage error (MAPE) of 6.77%. Meanwhile, the TBATS model demonstrated superior performance for gasoline consumption, with a MAPE of 3.22%. These results underline the potential of advanced time-series models to enhance the precision of energy consumption forecasts. This study contributes to more effective resource planning by improving predictive accuracy, enabling data-driven policy-making, optimizing resource allocation, and advancing sustainable energy management practices. These results support Brazil’s energy sector and provide a framework for sustainable decision-making that could be applied globally.

Source: Energies

DOI: 10.3390/en18061501