A Comparative Analysis of Techniques for Forecasting Electricity Consumption

The issue of obtaining reliable forecasting methods for electricity consumption has been widely discussed by past research work. This is due to the increased demand for electricity and as a result, the development of efficient pricing models. Several techniques have been used in past research for fo...

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Main Authors: P., Ozoh, S., Abd-Rahman, J., Labadin, M., Apperley
Format: Article
Language:English
Published: International Journal of Computer Applications 2014
Subjects:
Online Access:http://ir.unimas.my/id/eprint/8465/
http://ir.unimas.my/id/eprint/8465/1/A%20Comparative%20Analysis%20of%20Techniques%20for%20Forecasting%20Electricity%20Consumption%20%28abstract%29.pdf
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author P., Ozoh
S., Abd-Rahman
J., Labadin
M., Apperley
author_facet P., Ozoh
S., Abd-Rahman
J., Labadin
M., Apperley
author_sort P., Ozoh
building UNIMAS Institutional Repository
collection Online Access
description The issue of obtaining reliable forecasting methods for electricity consumption has been widely discussed by past research work. This is due to the increased demand for electricity and as a result, the development of efficient pricing models. Several techniques have been used in past research for forecasting electricity consumption. This includes the use of forecasting, time-series technique (FTST) and artificial neural networks (ANN). This paper introduces a modified Newton’s model (MNM) to forecast electricity consumption. Forecasting models are developed from historical data and predictive estimates are obtained. This research work utilizes data from Universiti Malaysia Sarawak, a public university in Malaysia, from 2009 to 2012. The variables considered in this research include electricity consumption for different months over the years.
first_indexed 2025-11-15T06:22:53Z
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institution Universiti Malaysia Sarawak
institution_category Local University
language English
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publishDate 2014
publisher International Journal of Computer Applications
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spelling unimas-84652022-09-29T06:40:56Z http://ir.unimas.my/id/eprint/8465/ A Comparative Analysis of Techniques for Forecasting Electricity Consumption P., Ozoh S., Abd-Rahman J., Labadin M., Apperley T Technology (General) The issue of obtaining reliable forecasting methods for electricity consumption has been widely discussed by past research work. This is due to the increased demand for electricity and as a result, the development of efficient pricing models. Several techniques have been used in past research for forecasting electricity consumption. This includes the use of forecasting, time-series technique (FTST) and artificial neural networks (ANN). This paper introduces a modified Newton’s model (MNM) to forecast electricity consumption. Forecasting models are developed from historical data and predictive estimates are obtained. This research work utilizes data from Universiti Malaysia Sarawak, a public university in Malaysia, from 2009 to 2012. The variables considered in this research include electricity consumption for different months over the years. International Journal of Computer Applications 2014 Article NonPeerReviewed text en http://ir.unimas.my/id/eprint/8465/1/A%20Comparative%20Analysis%20of%20Techniques%20for%20Forecasting%20Electricity%20Consumption%20%28abstract%29.pdf P., Ozoh and S., Abd-Rahman and J., Labadin and M., Apperley (2014) A Comparative Analysis of Techniques for Forecasting Electricity Consumption. International Journal of Computer Applications, 88 (15). ISSN 0975 – 8887) DOI: 10.5120/15426-3841
spellingShingle T Technology (General)
P., Ozoh
S., Abd-Rahman
J., Labadin
M., Apperley
A Comparative Analysis of Techniques for Forecasting Electricity Consumption
title A Comparative Analysis of Techniques for Forecasting Electricity Consumption
title_full A Comparative Analysis of Techniques for Forecasting Electricity Consumption
title_fullStr A Comparative Analysis of Techniques for Forecasting Electricity Consumption
title_full_unstemmed A Comparative Analysis of Techniques for Forecasting Electricity Consumption
title_short A Comparative Analysis of Techniques for Forecasting Electricity Consumption
title_sort comparative analysis of techniques for forecasting electricity consumption
topic T Technology (General)
url http://ir.unimas.my/id/eprint/8465/
http://ir.unimas.my/id/eprint/8465/
http://ir.unimas.my/id/eprint/8465/1/A%20Comparative%20Analysis%20of%20Techniques%20for%20Forecasting%20Electricity%20Consumption%20%28abstract%29.pdf