A Study on the Comparison of Electricity Forecasting Models: Korea and China

Abstract

In the 21st century, we now face the serious problems of the enormous consumption of the energy resources. Depending on the power consumption increases, both China and South Korea face a reduction in available resources. This paper considers the regression models and time-series models to compare the performance of the forecasting accuracy based on Mean Absolute Percentage Error (MAPE) in order to forecast the electricity demand accurately on the short-term period (68 months) data in Northeast China and find the relationship with Korea. Among the models the support vector regression (SVR) model shows superior performance than timeseries models for the short-term period data and the time-series models show similar results with the SVR model when we use long-term period data.

An empirical study of Chinese consumers' lifestyle by country of origin effect of mobile phone

“…예를 들면 Lee와 Chun ), Choi와 Zhang (2016, Zheng과 Kim (2015) 등에 의해 다양한 주제로 진행되고 있다. 중국은 미국을 제치고 우리나라의 최대 교역국이 되었으며 특히 스 마트폰과 같은 이동통신기기에서는 최대시장으로 성장하였다.…”