ARTIFICIAL NEURAL NETWORKS APPLICATION TO PREDICTION OF ELECTRICITY CONSUMPTION

Miona Andrejević Stošović, Novak Radivojević, Igor Jovanović, Andrija Petrušić

DOI Number
https://doi.org/10.22190/FUACR201231003A
First page
033
Last page
042

Abstract


In this paper, we will present an artificial neural network (ANN) model trained to forecast hourly electricity consumption of energy in industry for a day-ahead. We will start with a brief analysis of the global electricity market with a special reference to the Serbian market. Next, the daily electricity consumption amounts between August 1st and December 19th 2019 will be analyzed using statistical tools. According to the obtained results, we will give predictions of our models, based on different number of previous days.

Keywords

ANN, energy consumption, forecasting, seasonality

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References


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DOI: https://doi.org/10.22190/FUACR201231003A

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