Electricity Energy Forecasting for Turkey: A Review of the Years 2003–2020

Year 2021, Volume: 1 Issue: 2, 118 - 128, 31.10.2021

Nalan Özkurt , Hacer Oztura , Cüneyt Güzeliş

https://doi.org/10.5152/tepes.2021.21019

https://izlik.org/JA84DF73DJ

Abstract

This paper provides a comprehensive review of the studies on electricity energy forecasting for Turkey during the years between 2003 and 2020. The review analyzes the forecasting studies in terms of the methods that are applied for forecasting, the profiles of the researchers and their institutions, and the years and location information about the data for which the forecasting is implemented. The search that is presented in this paper covers almost all related works that are published in the literature. Forecasting of electricity energy has been always a tool for energy demand–supply planning and has become indispensable due to increasing needs for the prediction of electricity production and consumption in the management of smart grid systems. Therefore, development of competencies in electricity energy forecasting is a must for all nationwide actors who have responsibilities in the management of smart grids. This paper may be used to identify the already developed competencies in electricity energy forecasting by the individual researchers on their own, and the institutions of Turkey. Thus, it may constitute a base for future works to build up new competency centers to meet Turkey’s need on short-, medium-, and long-term forecasting of electricity production and consumption.

Keywords

Turkish electricity market , machine learning , statistical methods , electricity forecasting.

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