Cotton-textile cluster enterprises use the small square method in forecasting electricity consumption

The paper provides a study of the choice of a method capable of giving high accuracy using several methods for predicting electricity consumption and comparing their results. At the same time, the feasibility of at least three methods has been proved. When forecasting electric energy consumption, mi...

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Bibliographic Details
Main Authors: Rakhmonov, I. U., Najimova, A. M., Reymov, K. M.
Format: Conference Proceeding
Language:English
Subjects:
Electricity consumption
Energy consumption
Forecasting
Online Access:Get full text
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Summary:The paper provides a study of the choice of a method capable of giving high accuracy using several methods for predicting electricity consumption and comparing their results. At the same time, the feasibility of at least three methods has been proved. When forecasting electric energy consumption, minimal squares, methods of group accounting of arguments and main components were used, as a result of calculations and comparisons, the method of main components for the object under consideration was proposed for forecasting electricity consumption.
ISSN:0094-243X
1551-7616
DOI:10.1063/5.0104788