•A novel semiparametric approach is proposed for electricity demand density forecast.•A new similarity measure strategy is designed based on K–L divergence analysis.•We consider both climate exclude and include conditions for mid-long term forecast.•High predictive accuracy is demonstrated when using the finance related variables.•We analyze possible future demand for China’s energy consumption system until 2020.
Applied Energy – Elsevier
Published: Oct 15, 2015
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