Forecasting total and industrial sector electricity demand based on genetic algorithm approach: Turkey case study

Abstract

This study deals with estimation of the total and industrial sector electricity consumption based on genetic algorithm (GA) approach, and then proposes two scenarios to project future consumptions. Total electricity consumption is estimated based on gross national product (GNP), population, import and export figures of Turkey. Industrial sector electricity is calculated based on the GNP, import and export figures. Three forms of the genetic algorithm electricity demand (GAED) models for the total and two forms for the industrial electricity consumption are developed. The best-fit GAED model in terms of total minimum relative average errors between observed and estimated values is selected for future demand estimation. ‘High- and low-growth scenarios’ are proposed for predicting the future electricity consumption. Results showed that the GAED estimates the electricity demand in comparison with the other electricity demand projections. The GAED model plans electricity demand of Turkey until 2020. Copyright © 2005 John Wiley & Sons, Ltd.