FORECASTING OF TURKEY’S ELECTRICITY CONSUMPTION USING SUPPORT VECTOR REGRESSION TRAINED WITH GENETIC ALGORITHM
Abstract
Energy is a very important factor in terms of sustaining the economic development for developing and industrialized countries. Electricity is one of the most important forms of energy for industrialization and improvement of living standards. The estimation and modeling of electricity consumption has a special importance in Turkey which is a foreign-dependent country in energy. In this study a forecasting application is made by using Turkey’s electricity consumption, population, import, export and gross domestic product between 1975-2014, employing support vector regression method. By using genetic algorithm to choose the parameters of SVR, the method outperforms significantly.
Keywords
References
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Details
Primary Language
English
Subjects
Business Administration
Journal Section
Research Article
Authors
Oğuz Kaynar
CUMHURİYET ÜNİVERSİTESİ, İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİ, YÖNETİM BİLİŞİM SİSTEMLERİ BÖLÜMÜ
Ferhan Demirkoparan
This is me
Publication Date
December 1, 2016
Submission Date
July 29, 2017
Acceptance Date
-
Published in Issue
Year 2016 Volume: 66 Number: 2
Cited By
Türkiye Sanayi Elektrik Enerjisi Tüketiminin 2017-2023 dönemi için Yapay Sinir Ağları ile Tahmini
Mehmet Akif Ersoy Üniversitesi Uygulamalı Bilimler Dergisi
https://doi.org/10.31200/makuubd.538878