A sigmoid regression and artificial neural network models for day-ahead natural gas usage forecasting
J. Ravnik, J. Jovanovac, A. Trupej, N. Vištica, M. Hriberšek
Reliable and accurate day-ahead forecasting of natural gas consumption is vital for the operation of the Energy sector. Three different forecasting models are developed in this paper: The sigmoid function regression model, the feed-forward neural network, and the recurrent neural network model. The models were trained, compared, and validated using gas consumption data from 115 measuring stations in Slovenia and Croatia, which have been in operation for more than three years. The Genetic optimisation algorithm was used to train the neural networks and the Levenberg-Marquardt algorithm was used to obtain the parameters of the sigmoid model. The results show that both neural network models perform similarly, and are superior to the sigmoid model. The models were prepared for use in conjunction with a weather forecasting service to generate day-ahead or within-day forecasts, and are applicable to any geographical area. The neural network models achieve mean absolute percentage error between 5% and 10% in the entire temperature range. The sigmoid model reaches similar accuracy only for temperatures below 5°C, while for higher temperatures the error reaches up to 30%-40%.
Year of publication: |
2021
|
---|---|
Authors: | Ravnik, Jure ; Jovanovac, Josip ; Trupej, Alexander ; Vištica, Nikola ; Hriberšek, Matjaž |
Published in: |
Cleaner and responsible consumption. - Amsterdam : Elsevier, ISSN 2666-7843, ZDB-ID 3059080-2. - Vol. 3.2021, Art.-No. 100040, p. 1-13
|
Subject: | Natural gas | Demand forecasting | Sigmoid regression | Neural networks | Genetic optimisation | Neuronale Netze | Prognoseverfahren | Forecasting model | Regressionsanalyse | Regression analysis | Erdgas | Gaswirtschaft | Gas industry | Nachfrage | Demand | Theorie | Theory |
Saved in:
Saved in favorites
Similar items by subject
-
Moein, Elnaz, (2020)
-
Natural gas consumption forecast with MARS and CMARS models for residential users
Özmen, Ayşe, (2018)
-
Combination forecasts of tourism demand with machine learning models
Claveria, Oscar, (2016)
- More ...