292
Views
20
CrossRef citations to date
0
Altmetric
Original Articles

Predicting the Natural Gas Demand Based on Economic Indicators: Case of Turkey

Pages 559-566 | Received 15 Oct 2008, Accepted 25 Oct 2008, Published online: 06 Jan 2010
 

Abstract

This article presents a heuristic approach to estimate Turkey's natural gas demand based on economic indicators. The proposed heuristic methods are based on simulated annealing, which is locating a good approximation to the global optimum of a given function in a large search space. An approach based on simulated annealing is first used to forecast natural gas demand. A simulated annealing natural gas demand estimation model uses economical indicators, such as gross domestic product, population, import, and export. Linear and quadratic forms of simulated annealing natural gas demand estimation are proposed and quadratic simulated annealing natural gas demand estimation provided a better fit solution. The simulating annealing natural gas demand estimation model predicts Turkey's natural gas demand until 2025.

Log in via your institution

Log in to Taylor & Francis Online

PDF download + Online access

  • 48 hours access to article PDF & online version
  • Article PDF can be downloaded
  • Article PDF can be printed
USD 61.00 Add to cart

* Local tax will be added as applicable

Related Research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.