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Prediction of industrial power consumption in Jiangsu Province by regression model of time variable

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  • Ma, Haoran

Abstract

Industry has always been an important driving force to promote social and economic development, and the development of industry is inseparable from energy consumption. In the process of modern production, more and more modern advanced equipment is put into use, and the main power source of these equipment is electricity. However, the production of electricity is limited by conditions. Therefore, the main purpose of this paper is to simulate and forecast the industrial power consumption of Jiangsu Province through the nonlinear transformation of time variables, so that the industrial enterprises in Jiangsu can reasonably arrange the next power demand and ensure the smooth progress of industrial activities. The final research results show that the time series regression prediction model proposed in this paper can effectively simulate and predict the results of industrial power consumption, with an accuracy of 1.02 %.

Suggested Citation

  • Ma, Haoran, 2022. "Prediction of industrial power consumption in Jiangsu Province by regression model of time variable," Energy, Elsevier, vol. 239(PB).
  • Handle: RePEc:eee:energy:v:239:y:2022:i:pb:s0360544221023410
    DOI: 10.1016/j.energy.2021.122093
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    References listed on IDEAS

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    Cited by:

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    2. Feng Dong & Guoqing Li & Yajie Liu & Qing Xu & Caixia Li, 2023. "Spatial-Temporal Evolution and Cross-Industry Synergy of Carbon Emissions: Evidence from Key Industries in the City in Jiangsu Province, China," Sustainability, MDPI, vol. 15(5), pages 1-27, February.
    3. Gao, Tian & Niu, Dongxiao & Ji, Zhengsen & Sun, Lijie, 2022. "Mid-term electricity demand forecasting using improved variational mode decomposition and extreme learning machine optimized by sparrow search algorithm," Energy, Elsevier, vol. 261(PB).
    4. Dong, Jia & Li, Cunbin, 2022. "Scenario prediction and decoupling analysis of carbon emission in Jiangsu Province, China," Technological Forecasting and Social Change, Elsevier, vol. 185(C).

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