Grey prediction with rolling mechanism for electricity demand forecasting of Shanghai

@article{Wang2007GreyPW,
  title={Grey prediction with rolling mechanism for electricity demand forecasting of Shanghai},
  author={Xiping Wang},
  journal={2007 IEEE International Conference on Grey Systems and Intelligent Services},
  year={2007},
  pages={689-692}
}
  • Xiping Wang
  • Published 2007 in
    2007 IEEE International Conference on Grey…
The traditional Grey model has been widely used in various forecasting systems, including electricity demand forecasting. However, it is reported that the accuracy of the model is not satisfactory. In this paper, Grey prediction with rolling mechanism (GPRM) approach is proposed to predict the total and industrial electricity consumption of Shanghai. GPRM is used because of high prediction accuracy, applicability in the case of limited data situations and requirement for little computational… CONTINUE READING

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