Optimization of industrial energy consumption for sustainability using time-series regression and gradient descent algorithm based on historical electricity consumption data

Optimizing electricity consumption to minimize wastage and reduce cost is a major challenge in many industries. This is because, in many cases, the effect of the independent variables contributing to the total electricity consumption and cost are latent. The purpose of this study is to apply numeric...

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Bibliographic Details
Main Authors: Richard Opoku, George Y. Obeng, Louis K. Osei, John P. Kizito
Format: Article
Language:English
Published: Elsevier 2022-01-01
Series:Sustainability Analytics and Modeling
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2667259622000029