UFNGBM (1,1): A novel unbiased fractional grey Bernoulli model with Whale Optimization Algorithm and its application to electricity consumption forecasting in China

• Published in: Energy reports Vol. 7; pp. 7405 - 7423
• Main Authors: Pu, Bin, Nan, Fengtao, Zhu, Ningbo, Yuan, Ye, Xie, Wanli
• Format: Journal Article
• Language: English
• Published: Elsevier Ltd 01.11.2021; Elsevier
• Subjects: Electricity consumption forecasting; Electricity economics; Grey model; Nonlinear grey Bernoulli model; Six-year-plan; Nonlinear grey Bernoulli model; Electricity consumption forecasting; Six-year-plan; Electricity economics; Grey model

The electricity distribution in a planned way has been a difficult issue that the power supply bureau wishes to solve, and it is the lifeblood of economic development. Forecasting annual electricity consumption is very crucial for the planning of the power supply bureau and for booming economic deve...