2021
DOI: 10.3390/en14206763
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A Data-Driven Multi-Regime Approach for Predicting Energy Consumption

Abstract: There has been increasing interest in reducing carbon footprints globally in recent years. Hence increasing share of green energy and energy efficiency are promoted by governments. Therefore, optimizing energy consumption is becoming more critical for people, companies, industries, and the environment. Predicting energy consumption more precisely means that future energy management planning can be more effective. To date, most research papers have focused on predicting residential building energy consumption; … Show more

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Cited by 10 publications
(16 citation statements)
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“…According to the [42], multi-layer perceptron (MLP) networks are superior for predicting energy consumption compared with standard regression models. However, according to the no-free-lunch theory, there are no specific models for certain problems [13].…”
Section: Methodsmentioning
confidence: 99%
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“…According to the [42], multi-layer perceptron (MLP) networks are superior for predicting energy consumption compared with standard regression models. However, according to the no-free-lunch theory, there are no specific models for certain problems [13].…”
Section: Methodsmentioning
confidence: 99%
“…Most companies have started reducing their energy expenses to ensure a better profit margin and reduce emissions to minimize their environmental impacts. Furthermore, load forecasting enables better energy management, and thus lower costs [5], [13].…”
Section: Related Workmentioning
confidence: 99%
See 2 more Smart Citations
“…Shi et al (2021) designed a model based on convolutional neural networks to predict coal and electricity consumption simultaneously, and this model also eliminated the negative effects of the coupling between variables. Kahraman et al (2021) proposed a data-driven method based on the deep neural network, which provided a highly accurate prediction performance for energy consumption of industry machines. The NARXNN adopted in this study is a neural network that combines autoregression and exogenous input series, and this model has the additional advantage of handling nonlinear time series compared to the ARMAX model.…”
Section: Introductionmentioning
confidence: 99%