Annual Energy Consumption Forecasting Based on PSOCA-GRNN Model

Accurate energy consumption forecasting can provide reliable guidance for energy planners and policy makers, which can also recognize the economic and industrial development trends of a country. In this paper, a hybrid PSOCA-GRNN model was proposed for the annual energy consumption forecasting. The...

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Main Authors: Huiru Zhao, Sen Guo
Format: Article
Language:English
Published: Wiley 2014-01-01
Series:Abstract and Applied Analysis
Online Access:http://dx.doi.org/10.1155/2014/217630
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author Huiru Zhao
Sen Guo
author_facet Huiru Zhao
Sen Guo
author_sort Huiru Zhao
collection DOAJ
description Accurate energy consumption forecasting can provide reliable guidance for energy planners and policy makers, which can also recognize the economic and industrial development trends of a country. In this paper, a hybrid PSOCA-GRNN model was proposed for the annual energy consumption forecasting. The generalized regression neural network (GRNN) model was employed to forecast the annual energy consumption due to its good ability of dealing with the nonlinear problems. Meanwhile, the spread parameter of GRNN model was automatically determined by PSOCA algorithm (the combination of particle swarm optimization algorithm and cultural algorithm). Taking China’s annual energy consumption as the empirical example, the effectiveness of this proposed PSOCA-GRNN model was proved. The calculation result shows that this proposed hybrid model outperforms the single GRNN model, GRNN model optimized by PSO (PSO-GRNN), discrete grey model (DGM (1, 1)), and ordinary least squares linear regression (OLS_LR) model.
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institution Kabale University
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language English
publishDate 2014-01-01
publisher Wiley
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series Abstract and Applied Analysis
spelling doaj-art-2f05c15e6ae94d1585d03b6cde8f6b7c2025-02-03T05:44:01ZengWileyAbstract and Applied Analysis1085-33751687-04092014-01-01201410.1155/2014/217630217630Annual Energy Consumption Forecasting Based on PSOCA-GRNN ModelHuiru Zhao0Sen Guo1School of Economics and Management, North China Electric Power University, Beijing 102206, ChinaSchool of Economics and Management, North China Electric Power University, Beijing 102206, ChinaAccurate energy consumption forecasting can provide reliable guidance for energy planners and policy makers, which can also recognize the economic and industrial development trends of a country. In this paper, a hybrid PSOCA-GRNN model was proposed for the annual energy consumption forecasting. The generalized regression neural network (GRNN) model was employed to forecast the annual energy consumption due to its good ability of dealing with the nonlinear problems. Meanwhile, the spread parameter of GRNN model was automatically determined by PSOCA algorithm (the combination of particle swarm optimization algorithm and cultural algorithm). Taking China’s annual energy consumption as the empirical example, the effectiveness of this proposed PSOCA-GRNN model was proved. The calculation result shows that this proposed hybrid model outperforms the single GRNN model, GRNN model optimized by PSO (PSO-GRNN), discrete grey model (DGM (1, 1)), and ordinary least squares linear regression (OLS_LR) model.http://dx.doi.org/10.1155/2014/217630
spellingShingle Huiru Zhao
Sen Guo
Annual Energy Consumption Forecasting Based on PSOCA-GRNN Model
Abstract and Applied Analysis
title Annual Energy Consumption Forecasting Based on PSOCA-GRNN Model
title_full Annual Energy Consumption Forecasting Based on PSOCA-GRNN Model
title_fullStr Annual Energy Consumption Forecasting Based on PSOCA-GRNN Model
title_full_unstemmed Annual Energy Consumption Forecasting Based on PSOCA-GRNN Model
title_short Annual Energy Consumption Forecasting Based on PSOCA-GRNN Model
title_sort annual energy consumption forecasting based on psoca grnn model
url http://dx.doi.org/10.1155/2014/217630
work_keys_str_mv AT huiruzhao annualenergyconsumptionforecastingbasedonpsocagrnnmodel
AT senguo annualenergyconsumptionforecastingbasedonpsocagrnnmodel