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Comparison of neural network, conditional demand analysis, and engineering approaches for modeling end-use energy consumption in the residential sector

Merih Aydinalp-Koksal and V. Ismet Ugursal

Applied Energy, 2008, vol. 85, issue 4, 296 pages

Abstract: This paper investigates the use of conditional demand analysis (CDA) method to model the residential end-use energy consumption at the national level. There are several studies where CDA was used to model energy consumption at the regional level; however the CDA method had not been used to model residential energy consumption at the national level. The prediction performance and the ability to characterize the residential end-use energy consumption of the CDA model are compared with those of a neural network (NN) and an engineering based model developed earlier. The comparison of the predictions of the models indicates that CDA is capable of accurately predicting the energy consumption in the residential sector as well as the other two models. The effects of socio-economic factors are estimated using the NN and the CDA models, where possible. Due to the limited number of variables the CDA model can accommodate, its capability to evaluate these effects is found to be lower than the NN model.

Keywords: Residential; energy; consumption; modeling; Conditional; demand; analysis; Neural; networks; modeling (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (77)

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