Research Article

Electricity Load Forecasting via ANN Approach in Turkish Electricity Markets

Volume: 3 Number: 2 December 31, 2020
TR EN

Electricity Load Forecasting via ANN Approach in Turkish Electricity Markets

Abstract

Forecasting electricity load has become the essential task for electric utilities, power plants and regulators. It is essential that electricity load forecasts, which are a vital necessity of energy policies, produce healthy and reliable results. Artificial neural networks (ANN) can learn complex and nonlinear relationships. This article introduces 400 different ANN models for electricity load forecasting. Model performances have compared with Mean Absolute Percentage Error (MAPE) and Diebold-Mariano (DM) test. The electricity load data used for this study range from 2014 to 2016. The variation in forecasting ability of ANN for different models has also discussed. Levenberg-Marquardt (LM) with log-sigmoid transfer function trains the best performance ANN model.

Keywords

Electricity Load Forecast, Artificial Neural Network, Turkey

References

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APA
Gökgöz, F., & Filiz, F. (2020). Electricity Load Forecasting via ANN Approach in Turkish Electricity Markets. Bilgi Yönetimi, 3(2), 170-184. https://doi.org/10.33721/by.834285
AMA
1.Gökgöz F, Filiz F. Electricity Load Forecasting via ANN Approach in Turkish Electricity Markets. IM. 2020;3(2):170-184. doi:10.33721/by.834285
Chicago
Gökgöz, Fazıl, and Fahrettin Filiz. 2020. “Electricity Load Forecasting via ANN Approach in Turkish Electricity Markets”. Bilgi Yönetimi 3 (2): 170-84. https://doi.org/10.33721/by.834285.
EndNote
Gökgöz F, Filiz F (December 1, 2020) Electricity Load Forecasting via ANN Approach in Turkish Electricity Markets. Bilgi Yönetimi 3 2 170–184.
IEEE
[1]F. Gökgöz and F. Filiz, “Electricity Load Forecasting via ANN Approach in Turkish Electricity Markets”, IM, vol. 3, no. 2, pp. 170–184, Dec. 2020, doi: 10.33721/by.834285.
ISNAD
Gökgöz, Fazıl - Filiz, Fahrettin. “Electricity Load Forecasting via ANN Approach in Turkish Electricity Markets”. Bilgi Yönetimi 3/2 (December 1, 2020): 170-184. https://doi.org/10.33721/by.834285.
JAMA
1.Gökgöz F, Filiz F. Electricity Load Forecasting via ANN Approach in Turkish Electricity Markets. IM. 2020;3:170–184.
MLA
Gökgöz, Fazıl, and Fahrettin Filiz. “Electricity Load Forecasting via ANN Approach in Turkish Electricity Markets”. Bilgi Yönetimi, vol. 3, no. 2, Dec. 2020, pp. 170-84, doi:10.33721/by.834285.
Vancouver
1.Fazıl Gökgöz, Fahrettin Filiz. Electricity Load Forecasting via ANN Approach in Turkish Electricity Markets. IM. 2020 Dec. 1;3(2):170-84. doi:10.33721/by.834285