Application of Grey Prediction Model in Electric Power Consumption in Shandong Province

Ke Ying Zhang; Jing Zhao; Yang Dong Li

doi:10.4028/www.scientific.net/AMR.524-527.3021

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HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 524-527Application of Grey Prediction Model in Electric...

Application of Grey Prediction Model in Electric Power Consumption in Shandong Province

Abstract:

This paper takes Shandong Province as an example, by using grey system forecast theory; the GM (1, 1) model of electric power consumption is established. The electric power consumption from 2011 to 2015 in Shandong Province is forecasted and the forecast accuracy is verified, which offers the reference value for Shandong Province electric power planning in the future.

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Periodical:

Advanced Materials Research (Volumes 524-527)

Pages:

3021-3026

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.524-527.3021

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Online since:

May 2012

Authors:

Ke Ying Zhang, Jing Zhao, Yang Dong Li

Keywords:

Electric Power Consumption, GM(1,1), Grey Prediction Model, Shandong Province

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