Building Energy Consumption Prediction Using Neural-Based Models

Authors

  • Adrian-Nicolae Buturache Economic Cybernetics and Statistics Doctoral School, Bucharest University of Economic Studies, Bucharest, Romania
  • Stelian Stancu Informatics and Economic Cybernetics Department, Bucharest University of Economic Studies, Bucharest, Romania

DOI:

https://doi.org/10.32479/ijeep.12739

Abstract

In the recent years digital transformation became one of the most used approaches in building energy consumption optimization. Increased interest in improving energy sustainability and comfort inside buildings has created an opportunity for digital transformation to build predictive tools for energy consumption. By retrofitting or implementing new construction technologies nowadays the quantity and quality of the operational data collected has reached unprecedented levels. This data must be consumed by implementing powerful predictive tools that will provide the needed level of certainty. Adopting Six Sigma's Define, Measure, Analyze, Improve, Control (DMAIC) cycle as predictive analytics framework will make this paper accessible for both professionals working in energy industry and researchers that are developing models, creating the premises for reducing the gap between research and real-world business, guiding the use of data. Moreover, the selected strategy for preprocessing and hyperparameter selection is presented, the final selected models showing scalability and flexibility. At the end the architectures, performance and training time are discussed and then coupled with the thought process providing a way to weigh up the options. Building energy consumption prediction, it is a relevant and actual topic. Firstly, on European level, meeting the targets set by the new European Green Deal for buildings sector is relying heavily on digitization and therefore on predictive analytics. Secondly, on Romania level, the liberalization of the Energy market created an unpreceded energy price increase. The negative social impact might be diminished not only by the price reduction, but also by understanding how the energy is consumed.

Keywords:

Machine learning, Artificial neural networks, Building energy prediction, Six sigma

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Author Biographies

Adrian-Nicolae Buturache, Economic Cybernetics and Statistics Doctoral School, Bucharest University of Economic Studies, Bucharest, Romania

PhD Student

Stelian Stancu, Informatics and Economic Cybernetics Department, Bucharest University of Economic Studies, Bucharest, Romania

Professor

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Published

2022-03-20

How to Cite

Buturache, A.-N., & Stancu, S. (2022). Building Energy Consumption Prediction Using Neural-Based Models. International Journal of Energy Economics and Policy, 12(2), 30–38. https://doi.org/10.32479/ijeep.12739

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Articles