Application of Grey Prediction Model in Electric Power Consumption in Shandong Province

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Abstract:

This paper takes Shandong Province as an example, by using grey system forecast theory; the GM (1, 1) model of electric power consumption is established. The electric power consumption from 2011 to 2015 in Shandong Province is forecasted and the forecast accuracy is verified, which offers the reference value for Shandong Province electric power planning in the future.

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Periodical:

Advanced Materials Research (Volumes 524-527)

Pages:

3021-3026

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Online since:

May 2012

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