A comparison of ANFIS and ARIMA techniques in the forecasting of electric energy consumption of Tokat province in Turkey

YAYAR, Rüstü and HEKIM, Mahmut and YILMAZ, Veysel and BAKIRCI, Fehim (2011) A comparison of ANFIS and ARIMA techniques in the forecasting of electric energy consumption of Tokat province in Turkey. Journal of Economic and Social Studies, 1 (2). pp. 87-112. ISSN 1986 – 8502

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Abstract

In this study, the electric energy demand of Tokat province was estimated by means of ANFIS and ARIMA techniques. Seven different forecasting experiments were implemented for the subscriber groups and the consumption of electric energy which is the dependent variable. The electric energy demand of the province for the first six months of the year 2011 was estimated by means of ANFIS and ARIMA techniques. The obtained results were compared and interpreted in order to illustrate the forecasting success of these techniques. We showed that the ANFIS is more appropriate than the ARIMA in point of the forecasting of electric consumption.

Item Type: Article
Uncontrolled Keywords: Electric energy consumption, Forecasting, ANFIS, ARIMA, and Tokat.
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
Depositing User: Mr. Ibrahim Kinal
Date Deposited: 25 Jun 2012 08:33
Last Modified: 25 Jun 2012 08:33
URI: http://eprints.ibu.edu.ba/id/eprint/1070

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