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Prediction Method of Beijing Electric-Energy Substitution Potential Based on a Grid-Search Support Vector Machine

Author

Listed:
  • Yuanying Chi

    (School of Economics and Management, Beijing University of Technology, Beijing 100021, China)

  • Yangyi Zhang

    (School of Economics and Management, Beijing University of Technology, Beijing 100021, China)

  • Guozheng Li

    (School of Economics and Management, Beijing University of Technology, Beijing 100021, China)

  • Yongke Yuan

    (School of Economics and Management, Beijing University of Technology, Beijing 100021, China)

Abstract

Recently, “power cuts” and “coal price surges” have been significant concerns of individuals and societies. The main reasons for a power cut are a recent rapid increase in power consumption, shortage of thermal coal or the large shutdown capacity of thermal power units, resulting in a tight power supply in the power grid. In recent years, the shortage of fossil resources has led to frequent energy crises. In the context of carbon peaks and carbon neutralization, how to better develop electric-energy substitution and eliminate the dependence on fossil energy has become a problem that needs to be solved at present. In this paper, the influencing factors of electric-energy substitution in Beijing are analyzed, and the indexes affecting the electric-energy substitution are outlined. By constructing various machine-learning models, the prediction is performed. The results show that the Gaussian kernel support vector machine model based on a grid search has a good prediction effect on the electric-energy substitution potential in Beijing, which has certain guiding significance for electric-energy substitution potential analysis.

Suggested Citation

  • Yuanying Chi & Yangyi Zhang & Guozheng Li & Yongke Yuan, 2022. "Prediction Method of Beijing Electric-Energy Substitution Potential Based on a Grid-Search Support Vector Machine," Energies, MDPI, vol. 15(11), pages 1-11, May.
  • Handle: RePEc:gam:jeners:v:15:y:2022:i:11:p:3897-:d:823581
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    Citations

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    Cited by:

    1. Liu, Yishuang & Liu, Wei & Zhang, Xiaoling & Dong, Hanmin & Zhao, Zhihui & Zhang, Zhan, 2024. "Domestic environmental impacts of OFDI: City-level evidence from China," International Review of Economics & Finance, Elsevier, vol. 89(PA), pages 391-409.
    2. Changzhi Li & Dandan Liu & Mao Wang & Hanlin Wang & Shuai Xu, 2023. "Detection of Outliers in Time Series Power Data Based on Prediction Errors," Energies, MDPI, vol. 16(2), pages 1-19, January.

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