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Full-Text Articles in Computer Engineering
Naive Forecasting Of Household Natural Gas Consumption With Sliding Window Approach, Mustafa Akpinar, Nejat Yumuşak
Naive Forecasting Of Household Natural Gas Consumption With Sliding Window Approach, Mustafa Akpinar, Nejat Yumuşak
Turkish Journal of Electrical Engineering and Computer Sciences
Household consumption has a significant importance for natural gas wholesale companies. These companies make one-day-ahead forecasting daily. However, there are penalties depending on the error of the estimates. These penalties increase exponentially depending on the error rate. Several studies have been done to develop mathematical models to forecast natural gas consumption and minimize the error rate. However, before mathematical model predictions, a previous step, data preparation, is also important. The data must be prepared correctly before the mathematical model. At this point, prior to the mathematical model, selecting the appropriate data set size has a vital role. In this study, …
Energy Cost Forecasting For Event Venues, Katarina Grolinger, Andrea Zagar, Miriam Am Capretz, Luke Seewald
Energy Cost Forecasting For Event Venues, Katarina Grolinger, Andrea Zagar, Miriam Am Capretz, Luke Seewald
Electrical and Computer Engineering Publications
Electricity price, consumption, and demand forecasting has been a topic of research interest for a long time. The proliferation of smart meters has created new opportunities in energy prediction. This paper investigates energy cost forecasting in the context of entertainment event-organizing venues, which poses significant difficulty due to fluctuations in energy demand and wholesale electricity prices. The objective is to predict the overall cost of energy consumed during an entertainment event. Predictions are carried out separately for each event category and feature selection is used to select the most effective combination of event attributes for each category. Three machine learning …