Affiliation:
1. Tokat Gaziosmanpaşa Üniversitesi, Turkey
Abstract
Industry and technology continue to develop rapidly in today's world. The indisputable most important source of this development, energy is among the indispensables of daily life. Since it is one of the determining factors for the country's economy, the future forecast of electricity demand means calculating the future steps. Based on this, to forecast Turkey's electricity demand, it was benefited from grey model (GM) and trigonometric GM (TGM) techniques. The data set includes annual electricity consumption for the period 1970-2018. The performances of the methods determined were compared based on the forecast evaluation criteria (MSE, MAD, MAPE, and RMSE). Short-term forecasting analysis was carried out by determining the method that gives these values to a minimum. In the future forecast, it has been determined that electricity consumption will increase continuously.