“…In this study, we proposed a novel improved GM(1,1) model, DCOGM(1,1), for electricity consumption prediction. To evaluate the simulation and prediction performance of DCOGM(1,1), some compared prediction models, such as statistical analysis models (LR model and MAED [57]), computational intelligence models (BPN, RBFN and SVR), and grey prediction models (AGM(1,1) model [56], GPRM [58], NNGM(1,1) [6], DGM(1,1) [51], FGM(1,1) [50], RGM(1,1) [59], and TGM(1,1) [54]), are selected in this article. From Case 1 and Case2, we can see that the grey prediction models outperform statistical analysis models and computational intelligence models, that is the MAPEs gained by AGM(1,1) and DCOGM(1,1) are lower than those by BPN and SVR in Case 1 as shown in Table 1 and the MAPEs gained by MAED, BPN and RBFN are higher than those by GPRM, NNGM(1,1) and DCOGM(1,1) in Case 2 as indicated in Table 2.…”