Forecasting of Renewable Energy Generation for Turkey by Artificial Neural Networks and ARIMA Model: 2023 Generation Targets by Renewable Energy Resources

Purpose: Türkiye attaches particular importance to the energy production with renewable energy sources in order to overcome the negative economic, environmental and social effects which are caused by fossil resources in energy production. The aim of this study is to propose a model for forecasting t...

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Main Author: Özlem Karadağ Albayrak
Format: Article
Language:English
Published: Sanayi ve Teknoloji Bakanlığı 2023-01-01
Series:Verimlilik Dergisi
Subjects:
Online Access:https://dergipark.org.tr/tr/download/article-file/2110995
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author Özlem Karadağ Albayrak
author_facet Özlem Karadağ Albayrak
author_sort Özlem Karadağ Albayrak
collection DOAJ
description Purpose: Türkiye attaches particular importance to the energy production with renewable energy sources in order to overcome the negative economic, environmental and social effects which are caused by fossil resources in energy production. The aim of this study is to propose a model for forecasting the amount of energy to be produced for Türkiye using renewable energy resources.Methdology: In this study, a forecasting model was created by using the generatio amount of energy generation from renewable sources data between 1965 and 2019 and by using Artificial Neural Networks (ANN) and Autoregressive Integrated Moving Average (ARIMA) methods.Findings: While it was estimated that 127.516 TWh of energy will be produced in 2023 with the ANN method, this amount was estimated as 45,457 TeraWatt Hours (TWh) with the ARIMA (1,1,6) model. Mean Absolute Percent Error (MAPE) was calculated in order to determine the margin of error of the forecasting models. These values were determined as 13.1% for the ANN model and 21.9% for the ARIMA model. These results show that the ANN model gives a more appropriate estimation result.Originality: In this research, a new model was proposed for the amount of energy to be obtained from RES in Türkiye. It is thought that the results obtained in this study will be useful in energy planning and management.
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spelling doaj.art-195ee5b38a214c1b8f2b5eb1bb9cf8832023-08-31T06:43:48ZengSanayi ve Teknoloji BakanlığıVerimlilik Dergisi1013-13882757-69732023-01-0157112113810.51551/verimlilik.1031367417Forecasting of Renewable Energy Generation for Turkey by Artificial Neural Networks and ARIMA Model: 2023 Generation Targets by Renewable Energy ResourcesÖzlem Karadağ Albayrak0KAFKAS UNIVERSITYPurpose: Türkiye attaches particular importance to the energy production with renewable energy sources in order to overcome the negative economic, environmental and social effects which are caused by fossil resources in energy production. The aim of this study is to propose a model for forecasting the amount of energy to be produced for Türkiye using renewable energy resources.Methdology: In this study, a forecasting model was created by using the generatio amount of energy generation from renewable sources data between 1965 and 2019 and by using Artificial Neural Networks (ANN) and Autoregressive Integrated Moving Average (ARIMA) methods.Findings: While it was estimated that 127.516 TWh of energy will be produced in 2023 with the ANN method, this amount was estimated as 45,457 TeraWatt Hours (TWh) with the ARIMA (1,1,6) model. Mean Absolute Percent Error (MAPE) was calculated in order to determine the margin of error of the forecasting models. These values were determined as 13.1% for the ANN model and 21.9% for the ARIMA model. These results show that the ANN model gives a more appropriate estimation result.Originality: In this research, a new model was proposed for the amount of energy to be obtained from RES in Türkiye. It is thought that the results obtained in this study will be useful in energy planning and management.https://dergipark.org.tr/tr/download/article-file/2110995renewable energy sourcesrenewable energy generation forecastartificial neural networksarima modeltime series forecastenerjiyenilenebilir enerji kaynaklarıyenilenebilir enerji üretimi tahminiyapay sinir ağlarıarima modelizaman serisi tahmini
spellingShingle Özlem Karadağ Albayrak
Forecasting of Renewable Energy Generation for Turkey by Artificial Neural Networks and ARIMA Model: 2023 Generation Targets by Renewable Energy Resources
Verimlilik Dergisi
renewable energy sources
renewable energy generation forecast
artificial neural networks
arima model
time series forecast
enerji
yenilenebilir enerji kaynakları
yenilenebilir enerji üretimi tahmini
yapay sinir ağları
arima modeli
zaman serisi tahmini
title Forecasting of Renewable Energy Generation for Turkey by Artificial Neural Networks and ARIMA Model: 2023 Generation Targets by Renewable Energy Resources
title_full Forecasting of Renewable Energy Generation for Turkey by Artificial Neural Networks and ARIMA Model: 2023 Generation Targets by Renewable Energy Resources
title_fullStr Forecasting of Renewable Energy Generation for Turkey by Artificial Neural Networks and ARIMA Model: 2023 Generation Targets by Renewable Energy Resources
title_full_unstemmed Forecasting of Renewable Energy Generation for Turkey by Artificial Neural Networks and ARIMA Model: 2023 Generation Targets by Renewable Energy Resources
title_short Forecasting of Renewable Energy Generation for Turkey by Artificial Neural Networks and ARIMA Model: 2023 Generation Targets by Renewable Energy Resources
title_sort forecasting of renewable energy generation for turkey by artificial neural networks and arima model 2023 generation targets by renewable energy resources
topic renewable energy sources
renewable energy generation forecast
artificial neural networks
arima model
time series forecast
enerji
yenilenebilir enerji kaynakları
yenilenebilir enerji üretimi tahmini
yapay sinir ağları
arima modeli
zaman serisi tahmini
url https://dergipark.org.tr/tr/download/article-file/2110995
work_keys_str_mv AT ozlemkaradagalbayrak forecastingofrenewableenergygenerationforturkeybyartificialneuralnetworksandarimamodel2023generationtargetsbyrenewableenergyresources