An optimal fractional-order accumulative Grey Markov model with variable parameters and its application in total energy consumption

An optimal fractional-order accumulative Grey Markov model with variable parameters and its application in total energy consumption

In this paper, we propose an optimal fractional-order accumulative Grey Markov model with variable parameters (FOGMKM (1, 1)) to predict the annual total energy consumption in China and improve the accuracy of energy consumption forecasting. The new model is built upon the traditional Grey model and...

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Bibliographic Details
Main Authors: Dewang Li, Meilan Qiu, Shuiping Yang, Chao Wang, Zhongliang Luo
Format: Article
Language:English
Published: AIMS Press 2023-09-01
Series:AIMS Mathematics
Subjects:
fogmkm (1， 1)
variable parameters
fractional grey models
energy consumption
parameter estimation and prediction
stochastic markov process
Online Access:https://www.aimspress.com/article/doi/10.3934/math.20231349?viewType=HTML

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https://www.aimspress.com/article/doi/10.3934/math.20231349?viewType=HTML

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