IDEAS home Printed from https://ideas.repec.org/a/hin/jnlmpe/8496971.html
   My bibliography  Save this article

An Improved Artificial Colony Algorithm Model for Forecasting Chinese Electricity Consumption and Analyzing Effect Mechanism

Author

Listed:
  • Jingmin Wang
  • Jian Zhang
  • Jing Nie

Abstract

Electricity consumption forecast is perceived to be a growing hot topic in such a situation that China’s economy has entered a period of new normal and the demand of electric power has slowed down. Therefore, exploring Chinese electricity consumption influence mechanism and forecasting electricity consumption are crucial to formulate electrical energy plan scientifically and guarantee the sustainable economic and social development. Research has identified medium and long term electricity consumption forecast as a difficult study influenced by various factors. This paper proposed an improved Artificial Bee Colony (ABC) algorithm which combined with multivariate linear regression (MLR) for exploring the influencing mechanism of various factors on Chinese electricity consumption and forecasting electricity consumption in the future. The results indicated that the improved ABC algorithm in view of the various factors is superior to traditional models just considering unilateralism in accuracy and persuasion. The overall findings cast light on this model which provides a new scientific and effective way to forecast the medium and long term electricity consumption.

Suggested Citation

  • Jingmin Wang & Jian Zhang & Jing Nie, 2016. "An Improved Artificial Colony Algorithm Model for Forecasting Chinese Electricity Consumption and Analyzing Effect Mechanism," Mathematical Problems in Engineering, Hindawi, vol. 2016, pages 1-14, August.
    • Handle: RePEc:hin:jnlmpe:8496971
    DOI: 10.1155/2016/8496971
    as

    Download full text from publisher

    File URL: http://downloads.hindawi.com/journals/MPE/2016/8496971.pdf
    Download Restriction: no
    File URL: http://downloads.hindawi.com/journals/MPE/2016/8496971.xml
    Download Restriction: no
    File URL: https://libkey.io/10.1155/2016/8496971?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

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


    Cited by:

    1. Carolina Deina & João Lucas Ferreira dos Santos & Lucas Henrique Biuk & Mauro Lizot & Attilio Converti & Hugo Valadares Siqueira & Flavio Trojan, 2023. "Forecasting Electricity Demand by Neural Networks and Definition of Inputs by Multi-Criteria Analysis," Energies, MDPI, vol. 16(4), pages 1-24, February.
    2. Feng, Qianqian & Sun, Xiaolei & Hao, Jun & Li, Jianping, 2021. "Predictability dynamics of multifactor-influenced installed capacity: A perspective of country clustering," Energy, Elsevier, vol. 214(C).
    3. Paul Anton Verwiebe & Stephan Seim & Simon Burges & Lennart Schulz & Joachim Müller-Kirchenbauer, 2021. "Modeling Energy Demand—A Systematic Literature Review," Energies, MDPI, vol. 14(23), pages 1-58, November.

    More about this item

    Statistics

    Access and download statistics

    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:hin:jnlmpe:8496971. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Mohamed Abdelhakeem (email available below). General contact details of provider: https://www.hindawi.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.