2021
DOI: 10.35193/bseufbd.935824
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Forecasting of Turkey’s Electrical Energy Consumption using LSTM and GRU Networks

Abstract: Energy demand management is particularly important for developing and emerging economies. Their energy consumptions increase significantly, depending on their growing economies. As a result of Turkey's rapid economic and population growth, electricity consumption is increasing. Electricity consumption forecasting plays an essential role for energy suppliers, consumers, and policy makers. Therefore, using models to accurately and reliably forecast future electricity consumption trends is a key issue for the pla… Show more

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Cited by 5 publications
(2 citation statements)
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“…The electricity demand of Türkiye for the 2009-2018 period is considered in another study in which the artificial neural networks and the multivariate regression analysis are used where the population, average household size, GDP, imports, export s and the education level are the inputs (Ulku and Yalpir, 2021). In another work, the hourly electricity demand forecasting of Türkiye is performed employing the long short-term memory (LSTM) and the gated recurrent unit (GRU) models (Biskin and Cifci, 2021). The artificial neural networks is used in another study for the modelling of the electricity consumption of TR81 region (Zonguldak, Karabuk and Bartin provinces of Türkiye) where the population, import, export and the building areas data are taken as inputs and forecasts are performed for the 2016-2020 period (Kocadayi et al, 2017).…”
Section: Literature Analysismentioning
confidence: 99%
“…The electricity demand of Türkiye for the 2009-2018 period is considered in another study in which the artificial neural networks and the multivariate regression analysis are used where the population, average household size, GDP, imports, export s and the education level are the inputs (Ulku and Yalpir, 2021). In another work, the hourly electricity demand forecasting of Türkiye is performed employing the long short-term memory (LSTM) and the gated recurrent unit (GRU) models (Biskin and Cifci, 2021). The artificial neural networks is used in another study for the modelling of the electricity consumption of TR81 region (Zonguldak, Karabuk and Bartin provinces of Türkiye) where the population, import, export and the building areas data are taken as inputs and forecasts are performed for the 2016-2020 period (Kocadayi et al, 2017).…”
Section: Literature Analysismentioning
confidence: 99%
“…The GRU is a gate unit that modulates the flow of information within the unit without a separate memory cell [18]. GRU is a method of Recurrent Neural Network (RNN) [19]. GRU has a more straightforward underlying structure than LSTM, making it easier to train and requiring fewer computations [20].…”
Section: Gated Recurrent Unitmentioning
confidence: 99%