Short-term natural gas consumption forecasting from long-term data collection
Radek Svoboda,
Vojtech Kotik and
Jan Platos
Energy, 2021, vol. 218, issue C
Abstract:
The development of natural gas consumption forecasting tools is an important application of forecasting models. Plenty of research efforts have already been made in this area. However, the datasets used in these works could often not be published and used by other researchers. This complicates further research and the comparison of forecasting methods. In this work, we address this issue by the creation of a new dataset. We have taken into account state-of-the-art research works and included many data features that were previously proven to have a significant impact on the precision of the model. A forecasting methodology suitable for the evaluation of statistical and machine learning algorithms used in the time series forecasting domain is proposed to validate the high usability of the new dataset. The results of the application of the methodology and their discussion are included. Moreover, we made this dataset available for everyone to use for their research purposes.
Keywords: Natural gas; Consumption; Forecasting; Demand; Big data; Machine learning (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544220325378
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:218:y:2021:i:c:s0360544220325378
DOI: 10.1016/j.energy.2020.119430
Access Statistics for this article
Energy is currently edited by Henrik Lund and Mark J. Kaiser
More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().