The main objective of this manuscript is to develop an accurate
and optimal LS-SVM model and to propose applicable models for
forecasting net electricity consumption in Turkey. In recent years,
the least squares formulation of SVM, called LS-SVM has been used
in various energy research, such as forecasting, classification, and
power engineering [3–6]. The literature review reveals that the
LS-SVM technique has not been used for forecasting electricity
energy consumption previously. Therefore, this study will provide
important contributions to the literature of electricity demand
forecasting.
The main objective of this manuscript is to develop an accurate
and optimal LS-SVM model and to propose applicable models for
forecasting net electricity consumption in Turkey. In recent years,
the least squares formulation of SVM, called LS-SVM has been used
in various energy research, such as forecasting, classification, and
power engineering [3–6]. The literature review reveals that the
LS-SVM technique has not been used for forecasting electricity
energy consumption previously. Therefore, this study will provide
important contributions to the literature of electricity demand
forecasting.
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