Research Article

GMDH-type neural network-based monthly electricity demand forecasting of Turkey

Volume: 5 Number: 1 April 15, 2021
EN

GMDH-type neural network-based monthly electricity demand forecasting of Turkey

Abstract

In this study, it was aimed to develop an accurate forecasting model for the monthly electricity demand of Turkey in the medium-term. For this purpose, the Group Method of Data Handling (GMDH)-type Neural Network (NN) approach was used to structure a nonlinear time-series based forecasting model. A large dataset containing monthly electricity demand was considered for the period of 2003-2018. The developed model was tested in the period of 2019/01-2019/11 in order to determine the generalization ability of the model. The test results showed that the developed model was very close to actual values. The obtained test performances were 2.10 % for mean absolute percentage error (MAPE), 2.36 % for root mean square percentage error (RMSPE) and 0.869 for coefficient of determination (R2). In addition, results of the proposed GMDH-type NN model were compared with the forecasting results of a literature study. The comparison revealed that GMDH-type NN was a better approach for forecasting the monthly electricity demand of Turkey. Finally, the developed model was utilized to forecast monthly electricity demand in the period of 2019/12-2020/12.

Keywords

References

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Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Publication Date

April 15, 2021

Submission Date

July 9, 2020

Acceptance Date

November 2, 2020

Published in Issue

Year 2021 Volume: 5 Number: 1

APA
Akkaya, A. V. (2021). GMDH-type neural network-based monthly electricity demand forecasting of Turkey. International Advanced Researches and Engineering Journal, 5(1), 53-60. https://doi.org/10.35860/iarej.766762
AMA
1.Akkaya AV. GMDH-type neural network-based monthly electricity demand forecasting of Turkey. Int. Adv. Res. Eng. J. 2021;5(1):53-60. doi:10.35860/iarej.766762
Chicago
Akkaya, Ali Volkan. 2021. “GMDH-Type Neural Network-Based Monthly Electricity Demand Forecasting of Turkey”. International Advanced Researches and Engineering Journal 5 (1): 53-60. https://doi.org/10.35860/iarej.766762.
EndNote
Akkaya AV (April 1, 2021) GMDH-type neural network-based monthly electricity demand forecasting of Turkey. International Advanced Researches and Engineering Journal 5 1 53–60.
IEEE
[1]A. V. Akkaya, “GMDH-type neural network-based monthly electricity demand forecasting of Turkey”, Int. Adv. Res. Eng. J., vol. 5, no. 1, pp. 53–60, Apr. 2021, doi: 10.35860/iarej.766762.
ISNAD
Akkaya, Ali Volkan. “GMDH-Type Neural Network-Based Monthly Electricity Demand Forecasting of Turkey”. International Advanced Researches and Engineering Journal 5/1 (April 1, 2021): 53-60. https://doi.org/10.35860/iarej.766762.
JAMA
1.Akkaya AV. GMDH-type neural network-based monthly electricity demand forecasting of Turkey. Int. Adv. Res. Eng. J. 2021;5:53–60.
MLA
Akkaya, Ali Volkan. “GMDH-Type Neural Network-Based Monthly Electricity Demand Forecasting of Turkey”. International Advanced Researches and Engineering Journal, vol. 5, no. 1, Apr. 2021, pp. 53-60, doi:10.35860/iarej.766762.
Vancouver
1.Ali Volkan Akkaya. GMDH-type neural network-based monthly electricity demand forecasting of Turkey. Int. Adv. Res. Eng. J. 2021 Apr. 1;5(1):53-60. doi:10.35860/iarej.766762

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