Comparison of Forecasting Energy Consumption in Shandong, China Using the ARIMA Model, GM Model, and ARIMA-GM Model

Comparison of Forecasting Energy Consumption in Shandong, China Using the ARIMA Model, GM Model, and ARIMA-GM Model

To scientifically predict the future energy demand of Shandong province, this study chose the past energy demand of Shandong province during 1995–2015 as the research object. Based on building model data sequences, the GM-ARIMA model, the GM (1,1) model, and the ARIMA model were used to predict the...

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Bibliographic Details
Main Authors: Shuyu Li, Rongrong Li
Format: Article
Language:English
Published: MDPI AG 2017-07-01
Series:Sustainability
Subjects:
energy demand
energy prediction
GM-ARIMA model
GM (1,1) model
ARIMA model
Shandong province
Online Access:https://www.mdpi.com/2071-1050/9/7/1181

Internet

https://www.mdpi.com/2071-1050/9/7/1181

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