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:: Volume 20, Issue 83 (Winter 1403 2024) ::
QEER 2024, 20(83): 159-182 Back to browse issues page
Modeling and Short-Term Prediction of National Electricity Consumption Using Recurrent Neural Network and TPE Optimization Algorithm
Mojtaba Zahaki Rahat *1 , Hossein Sadeghi saghdel2
1- Tarbiat Modares , mojtaba.zahaki@modares.ac.ir
2- Tarbiat Modares
Abstract:   (322 Views)
The intermediary role of electricity in various industries and its correlation with societal well-being have gained increased significance. Awareness of the demand for this energy plays a crucial role in guiding the country towards development. In recent decades, with the advancements in deep learning models and their heightened accuracy, their usage has become prevalent. In the realm of modeling and predicting electricity consumption, incorporating influential variables is crucial for enhancing prediction accuracy. Thus, in this research, variables such as non-oil Gross Domestic Product (GDP), average country temperature, holidays, and electricity consumption trends are utilized. The TPE optimization algorithm is employed to optimize the LSTM model. For result comparison, an alternative model excluding two variables, non-oil GDP and holidays, is designed and optimized using the TPE algorithm. The study results indicate that the model incorporating variables like non-oil GDP and holidays exhibits higher accuracy compared to the model without these two variables
Keywords: Forecasting, power consumption, neural network, optimization
Full-Text [PDF 1583 kb]   (136 Downloads)    
Type of Study: Research | Subject: E.Economic
Received: 2024/02/29 | Accepted: 2024/11/27 | Published: 2024/12/30 | ePublished: 2024/12/30
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Zahaki Rahat M, Sadeghi saghdel H. Modeling and Short-Term Prediction of National Electricity Consumption Using Recurrent Neural Network and TPE Optimization Algorithm. QEER 2024; 20 (83) :159-182
URL: http://iiesj.ir/article-1-1616-en.html


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Volume 20, Issue 83 (Winter 1403 2024) Back to browse issues page
فصلنامه مطالعات اقتصاد انرژی Quarterly Energy Economics Review
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