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The Application of Feed-Forward Neural Network Architecture for Improving Energy Efficiency

Author

Listed:
  • Delia Bălăcian

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Denisa Maria Melian

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Stelian Stancu

    (Informatics and Economic Cybernetics Department, Bucharest University of Economic Studies,Centre for Industrial and Services Economics, Romanian Academy, Bucharest, Romania)

Abstract

The energy sector contributes approximately two-thirds of global greenhouse gas emissions.In this context, the sector must adapt to new supply and demand networks for all future energy sources. The ongoing transformation in the European energy field is driven by the ambition of the European Union to reach the climate objectives set for 2030. The main actions are increasing renewable energy production, adapting transition fuels like natural gas to reduce emissions, improving energy efficiency across all economic sectors, prioritizing building, transportation, and industry, developing Carbon Capture and Storage technologies, and ensuring universal access to clean and affordable energy. The significant changes envisaged in the energy sector to increase renewable energy production and consumption require improved integration and more use of predictive tools to support stakeholders’ decision-making processes. This article presents a case study to assess the performance of predictive models based on a Feed-Forward Neural Network architecture that employ Root Mean Squared Propagation as their optimization function in terms of choosing the most appropriate activation function for this kind of data input and output. The training and testing phases of the models use data about building energy 2 consumption. The lowest training time and Root Mean Square Error values were similar for Rectified Linear Unit and Tanh activation functions. The model with the Rectified linear Unit activation function performed best.

Suggested Citation

  • Delia Bălăcian & Denisa Maria Melian & Stelian Stancu, 2023. "The Application of Feed-Forward Neural Network Architecture for Improving Energy Efficiency," Postmodern Openings, Editura Lumen, Department of Economics, vol. 14(2), pages 1-17, December.
  • Handle: RePEc:lum:rev3rl:v:14:y:2023:i:2:p:1-17
    DOI: https://doi.org/10.18662/po/14.2/604
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    More about this item

    Keywords

    Feed –Forward Neural Network; Energy Consumption; Prediction Models; Building Energy;
    All these keywords.

    JEL classification:

    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • I2 - Health, Education, and Welfare - - Education
    • O0 - Economic Development, Innovation, Technological Change, and Growth - - General

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