Ramji Singh, Kumar Surendra and Ritwij A. Parmar
Abstract
A well-known statistical simulation method known as ARIMA was employed in this article to forecast the total daily solar energy output till the year 2040. The ARIMA modelâs attractiveness resides in its simplicity, solar energy, which is created by sunshine, is a non-depleting renewable energy source that is unpolluting. The amount of solar energy that enters the earth every hour is sufficient to supply all of the energy needed for a year. In the modern period, we required electricity constantly. This solar energy is produced for use in commercial, industrial, and residential settings. It is simple to collect energy from direct sunshine. As a result, it is incredibly effective and does not pollute the environment. In this paper, we evaluated solar energy from sunlight and forecasted the sun radiation till 2040 through ARIMA Model. The model is created using sophisticated statistical approach. Error analysis is performed to demonstrate the effectiveness of the proposed method. The developed modelâs accuracy can be improved in future research.