Comparative Analysis of CatBoost and BiLSTM Models for Day-Ahead Electricity Consumption Forecasting: A Case Study of Aydın, Denizli, and Muğla Regions in Turkey


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Authors

  • Hakan Elbaş Bursa Technical University
  • Turgay Tugay Bilgin Bursa Technical University

DOI:

https://doi.org/10.5281/zenodo.14188717

Keywords:

Electricity Consumption Forecasting, Machine Learning, Deep Learning, Bidirectional Long Short-Term Memory, Catboost

Abstract

Electricity consumption forecasting plays a crucial role in effective electricity management,
particularly for city-specific predictions made by distribution and retail companies, as it enables optimized
operations and efficient electricity allocation. In the context of the Turkish electricity market, inaccurate
forecasts can lead to substantial financial burdens, underscoring the need for accurate and reliable
predictions to ensure the smooth functioning of the market. This study focuses on forecasting hourly
electricity consumption for the following day using data available up to the previous day for the Aydın,
Denizli, and Muğla regions. A three-year dataset was employed to compare the performance of two
powerful machine learning models, CatBoost and Bidirectional Long Short-Term Memory (BiLSTM),
known for their ability to handle complex data and capture patterns over time. The results show that both
models are effective in short-term electricity consumption forecasting. CatBoost demonstrated higher
accuracy in capturing daily consumption fluctuations, while BiLSTM exhibited superior performance
during high-demand periods, highlighting its ability to manage complex seasonal consumption patterns.
This study contributes to electricity forecasting by offering insights into the application of these models in
real-world scenarios, particularly in the context of the Turkish electricity market. Future work could explore
additional factors influencing consumption and further refine the models for enhanced forecasting accuracy.

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Author Biographies

Hakan Elbaş, Bursa Technical University

Graduate School, Department of Intelligent Systems Engineering, Bursa, Türkiye

Turgay Tugay Bilgin, Bursa Technical University

Faculty of Engineering and Natural Sciences, Department of Computer Engineering, Bursa, Türkiye

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Published

2024-11-16

How to Cite

Elbaş, H., & Bilgin, T. T. (2024). Comparative Analysis of CatBoost and BiLSTM Models for Day-Ahead Electricity Consumption Forecasting: A Case Study of Aydın, Denizli, and Muğla Regions in Turkey. International Journal of Advanced Natural Sciences and Engineering Researches, 8(10), 163–179. https://doi.org/10.5281/zenodo.14188717

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