IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v14y2021i20p6619-d655717.html
   My bibliography  Save this article

Analysis of Electricity Consumption in Poland Using Prediction Models and Neural Networks

Author

Listed:
  • Monika Zielińska-Sitkiewicz

    (Department of Statistics and Econometrics, Institute of Economics and Finance, Warsaw University of Life Sciences, 02-787 Warsaw, Poland)

  • Mariola Chrzanowska

    (Department of Statistics and Econometrics, Institute of Economics and Finance, Warsaw University of Life Sciences, 02-787 Warsaw, Poland)

  • Konrad Furmańczyk

    (Department of Applied Mathematics, Institute of Information Technology, Warsaw University of Life Sciences, 02-787 Warsaw, Poland)

  • Kacper Paczutkowski

    (Department of Applied Mathematics, Institute of Information Technology, Warsaw University of Life Sciences, 02-787 Warsaw, Poland)

Abstract

The challenges of the modern world require transformations in the energy market towards the possible reduction of consumption and greater use of renewable sources. The conducted research of consumers of this market confirms that the behaviour in the field of increased use of renewable energy is burdened with cognitive errors and motivational factors, which makes it difficult to conduct quantitative research. Electricity demand forecasting can be modelled using selected quantitative methods. In this way, not so much the behaviour, but the result of the consumer’s behaviour is predicted. The research presented in the article has been divided into two parts. The aim of the first one is to study the prospects of a greater share of renewable sources in obtaining energy in Poland, based on the attitudes and opinions of consumers on the retail energy market, legal regulations and the energy balance. The aim of the second part is to build forecasts of daily, weekly, monthly and quarterly electricity consumption in Poland, including the prediction of the RES share, using selected machine and deep learning methods. The analyses used the time series of daily electricity consumption in Poland from 2015–2021; the ENTSO-E data was obtained from the cire.pl website. Depending on the adopted forecast horizon, the forecasting method with the lowest MAPE error was exponential smoothing, SARIMA and NNETAR. An evolution of energy consumers’ attitudes towards pro-ecological and pro-social sensitivity and understanding of the importance of RES for the economy was also observed.

Suggested Citation

  • Monika Zielińska-Sitkiewicz & Mariola Chrzanowska & Konrad Furmańczyk & Kacper Paczutkowski, 2021. "Analysis of Electricity Consumption in Poland Using Prediction Models and Neural Networks," Energies, MDPI, vol. 14(20), pages 1-21, October.
  • Handle: RePEc:gam:jeners:v:14:y:2021:i:20:p:6619-:d:655717
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/14/20/6619/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/1996-1073/14/20/6619/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Stefanie Lena Hille, 2016. "The Myth of the Unscrupulous Energy User’s Dilemma: Evidence from Switzerland," Journal of Consumer Policy, Springer, vol. 39(3), pages 327-347, September.
    2. Suat Ozturk & Feride Ozturk, 2018. "Forecasting Energy Consumption of Turkey by Arima Model," Journal of Asian Scientific Research, Asian Economic and Social Society, vol. 8(2), pages 52-60.
    3. Hyndman, Rob J. & Khandakar, Yeasmin, 2008. "Automatic Time Series Forecasting: The forecast Package for R," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 27(i03).
    4. Hyndman, Rob J. & Koehler, Anne B. & Snyder, Ralph D. & Grose, Simone, 2002. "A state space framework for automatic forecasting using exponential smoothing methods," International Journal of Forecasting, Elsevier, vol. 18(3), pages 439-454.
    5. Mangalova, Ekaterina & Shesterneva, Olesya, 2016. "K-nearest neighbors for GEFCom2014 probabilistic wind power forecasting," International Journal of Forecasting, Elsevier, vol. 32(3), pages 1067-1073.
    6. Frederiks, Elisha R. & Stenner, Karen & Hobman, Elizabeth V., 2015. "Household energy use: Applying behavioural economics to understand consumer decision-making and behaviour," Renewable and Sustainable Energy Reviews, Elsevier, vol. 41(C), pages 1385-1394.
    7. Zeng, Jianwu & Qiao, Wei, 2013. "Short-term solar power prediction using a support vector machine," Renewable Energy, Elsevier, vol. 52(C), pages 118-127.
    8. Kalogirou, Soteris A., 2001. "Artificial neural networks in renewable energy systems applications: a review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 5(4), pages 373-401, December.
    9. Enrico Fabrizio & Valentina Monetti, 2015. "Methodologies and Advancements in the Calibration of Building Energy Models," Energies, MDPI, vol. 8(4), pages 1-27, March.
    10. Tao Hong & Pierre Pinson & Yi Wang & Rafal Weron & Dazhi Yang & Hamidreza Zareipour, 2020. "Energy forecasting: A review and outlook," WORking papers in Management Science (WORMS) WORMS/20/08, Department of Operations Research and Business Intelligence, Wroclaw University of Science and Technology.
    11. Cuadra, L. & Salcedo-Sanz, S. & Nieto-Borge, J.C. & Alexandre, E. & Rodríguez, G., 2016. "Computational intelligence in wave energy: Comprehensive review and case study," Renewable and Sustainable Energy Reviews, Elsevier, vol. 58(C), pages 1223-1246.
    12. Weron, Rafał, 2014. "Electricity price forecasting: A review of the state-of-the-art with a look into the future," International Journal of Forecasting, Elsevier, vol. 30(4), pages 1030-1081.
    13. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    14. Smith, Vernon L, 1976. "Experimental Economics: Induced Value Theory," American Economic Review, American Economic Association, vol. 66(2), pages 274-279, May.
    15. Li, Gong & Shi, Jing, 2010. "On comparing three artificial neural networks for wind speed forecasting," Applied Energy, Elsevier, vol. 87(7), pages 2313-2320, July.
    16. de Oliveira, Erick Meira & Cyrino Oliveira, Fernando Luiz, 2018. "Forecasting mid-long term electric energy consumption through bagging ARIMA and exponential smoothing methods," Energy, Elsevier, vol. 144(C), pages 776-788.
    17. Martin Kesternich & Christiane Reif & Dirk Rübbelke, 2017. "Recent Trends in Behavioral Environmental Economics," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(3), pages 403-411, July.
    18. J W Taylor, 2003. "Short-term electricity demand forecasting using double seasonal exponential smoothing," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 54(8), pages 799-805, August.
    19. Suat Ozturk & Feride Ozturk, 2018. "Forecasting Energy Consumption of Turkey by Arima Model," Journal of Asian Scientific Research, Asian Economic and Social Society, vol. 8(2), pages 52-60, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Katarzyna Stasiuk & Dominika Maison, 2022. "The Influence of New and Old Energy Labels on Consumer Judgements and Decisions about Household Appliances," Energies, MDPI, vol. 15(4), pages 1-13, February.
    2. Zhang, Yuejuan & Li, Xian-Xiang & Xin, Rui & Chew, Lup Wai & Liu, Chun-Ho, 2024. "Applicability of data-driven methods in modeling electricity demand-climate nexus: A tale of Singapore and Hong Kong," Energy, Elsevier, vol. 300(C).
    3. Agata Balińska, 2022. "Analysis of Consumer Pro-Environmental Behavior—The Context of Scientific Research," Energies, MDPI, vol. 15(8), pages 1-3, April.
    4. Joanna Henzel & Łukasz Wróbel & Marcin Fice & Marek Sikora, 2022. "Energy Consumption Forecasting for the Digital-Twin Model of the Building," Energies, MDPI, vol. 15(12), pages 1-21, June.
    5. Agnieszka Mazurek-Czarnecka & Ksymena Rosiek & Marcin Salamaga & Krzysztof Wąsowicz & Renata Żaba-Nieroda, 2022. "Study on Support Mechanisms for Renewable Energy Sources in Poland," Energies, MDPI, vol. 15(12), pages 1-38, June.
    6. Fachrizal Aksan & Vishnu Suresh & Przemysław Janik & Tomasz Sikorski, 2023. "Load Forecasting for the Laser Metal Processing Industry Using VMD and Hybrid Deep Learning Models," Energies, MDPI, vol. 16(14), pages 1-24, July.
    7. Rubens A. Fernandes & Raimundo C. S. Gomes & Carlos T. Costa & Celso Carvalho & Neilson L. Vilaça & Lennon B. F. Nascimento & Fabricio R. Seppe & Israel G. Torné & Heitor L. N. da Silva, 2023. "A Demand Forecasting Strategy Based on a Retrofit Architecture for Remote Monitoring of Legacy Building Circuits," Sustainability, MDPI, vol. 15(14), pages 1-37, July.
    8. Bartłomiej Mroczek & Paweł Pijarski, 2022. "Machine Learning in Operating of Low Voltage Future Grid," Energies, MDPI, vol. 15(15), pages 1-30, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Petropoulos, Fotios & Apiletti, Daniele & Assimakopoulos, Vassilios & Babai, Mohamed Zied & Barrow, Devon K. & Ben Taieb, Souhaib & Bergmeir, Christoph & Bessa, Ricardo J. & Bijak, Jakub & Boylan, Joh, 2022. "Forecasting: theory and practice," International Journal of Forecasting, Elsevier, vol. 38(3), pages 705-871.
      • Fotios Petropoulos & Daniele Apiletti & Vassilios Assimakopoulos & Mohamed Zied Babai & Devon K. Barrow & Souhaib Ben Taieb & Christoph Bergmeir & Ricardo J. Bessa & Jakub Bijak & John E. Boylan & Jet, 2020. "Forecasting: theory and practice," Papers 2012.03854, arXiv.org, revised Jan 2022.
    2. G P Girish & Aviral Kumar Tiwari, 2016. "A comparison of different univariate forecasting models forSpot Electricity Price in India," Economics Bulletin, AccessEcon, vol. 36(2), pages 1039-1057.
    3. Merten, Michael & Rücker, Fabian & Schoeneberger, Ilka & Sauer, Dirk Uwe, 2020. "Automatic frequency restoration reserve market prediction: Methodology and comparison of various approaches," Applied Energy, Elsevier, vol. 268(C).
    4. Barrow, Devon & Kourentzes, Nikolaos, 2018. "The impact of special days in call arrivals forecasting: A neural network approach to modelling special days," European Journal of Operational Research, Elsevier, vol. 264(3), pages 967-977.
    5. Alysha M De Livera, 2010. "Automatic forecasting with a modified exponential smoothing state space framework," Monash Econometrics and Business Statistics Working Papers 10/10, Monash University, Department of Econometrics and Business Statistics.
    6. Aviral Kumar Tiwari & Claudiu T Albulescu & Phouphet Kyophilavong, 2014. "A comparison of different forecasting models of the international trade in India," Economics Bulletin, AccessEcon, vol. 34(1), pages 420-429.
    7. Meira, Erick & Cyrino Oliveira, Fernando Luiz & de Menezes, Lilian M., 2022. "Forecasting natural gas consumption using Bagging and modified regularization techniques," Energy Economics, Elsevier, vol. 106(C).
    8. Winita Sulandari & Yudho Yudhanto & Sri Subanti & Crisma Devika Setiawan & Riskhia Hapsari & Paulo Canas Rodrigues, 2023. "Comparing the Simple to Complex Automatic Methods with the Ensemble Approach in Forecasting Electrical Time Series Data," Energies, MDPI, vol. 16(22), pages 1-16, November.
    9. Pesantez, Jorge E. & Li, Binbin & Lee, Christopher & Zhao, Zhizhen & Butala, Mark & Stillwell, Ashlynn S., 2023. "A Comparison Study of Predictive Models for Electricity Demand in a Diverse Urban Environment," Energy, Elsevier, vol. 283(C).
    10. Avci, Ezgi & Ketter, Wolfgang & van Heck, Eric, 2018. "Managing electricity price modeling risk via ensemble forecasting: The case of Turkey," Energy Policy, Elsevier, vol. 123(C), pages 390-403.
    11. Meira, Erick & Cyrino Oliveira, Fernando Luiz & Jeon, Jooyoung, 2021. "Treating and Pruning: New approaches to forecasting model selection and combination using prediction intervals," International Journal of Forecasting, Elsevier, vol. 37(2), pages 547-568.
    12. Jha, Sunil Kr. & Bilalovic, Jasmin & Jha, Anju & Patel, Nilesh & Zhang, Han, 2017. "Renewable energy: Present research and future scope of Artificial Intelligence," Renewable and Sustainable Energy Reviews, Elsevier, vol. 77(C), pages 297-317.
    13. Karakurt, Izzet, 2021. "Modelling and forecasting the oil consumptions of the BRICS-T countries," Energy, Elsevier, vol. 220(C).
    14. Fotios Petropoulos & Evangelos Spiliotis, 2021. "The Wisdom of the Data: Getting the Most Out of Univariate Time Series Forecasting," Forecasting, MDPI, vol. 3(3), pages 1-20, June.
    15. Mauro Bernardi & Francesco Lisi, 2020. "Point and Interval Forecasting of Zonal Electricity Prices and Demand Using Heteroscedastic Models: The IPEX Case," Energies, MDPI, vol. 13(23), pages 1-34, November.
    16. Jaganathan, Srihari & Prakash, P.K.S., 2020. "A combination-based forecasting method for the M4-competition," International Journal of Forecasting, Elsevier, vol. 36(1), pages 98-104.
    17. Salvatore Carta & Andrea Medda & Alessio Pili & Diego Reforgiato Recupero & Roberto Saia, 2018. "Forecasting E-Commerce Products Prices by Combining an Autoregressive Integrated Moving Average (ARIMA) Model and Google Trends Data," Future Internet, MDPI, vol. 11(1), pages 1-19, December.
    18. Sylvia Mardiana & Ferdinand Saragih & Martani Huseini, 2020. "Forecasting Gasoline Demand in Indonesia Using Time Series," International Journal of Energy Economics and Policy, Econjournals, vol. 10(6), pages 132-145.
    19. Ferbar Tratar, Liljana & Mojškerc, Blaž & Toman, Aleš, 2016. "Demand forecasting with four-parameter exponential smoothing," International Journal of Production Economics, Elsevier, vol. 181(PA), pages 162-173.
    20. Orhan Altuğ Karabiber & George Xydis, 2019. "Electricity Price Forecasting in the Danish Day-Ahead Market Using the TBATS, ANN and ARIMA Methods," Energies, MDPI, vol. 12(5), pages 1-29, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:14:y:2021:i:20:p:6619-:d:655717. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.