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Review

Adaptive Forecasting in Energy Consumption: A Bibliometric Analysis and Review

1
Smart Grid Research Group—GIREI, Electrical Engineering Deparment, Salesian Polytechnic University, Quito EC170702, Ecuador
2
Medical School, Pontifical Catholic University of Ecuador, Quito EC200102, Ecuador
*
Author to whom correspondence should be addressed.
Submission received: 20 November 2023 / Revised: 29 November 2023 / Accepted: 29 December 2023 / Published: 11 January 2024

Abstract

This paper addresses the challenges in forecasting electrical energy in the current era of renewable energy integration. It reviews advanced adaptive forecasting methodologies while also analyzing the evolution of research in this field through bibliometric analysis. The review highlights the key contributions and limitations of current models with an emphasis on the challenges of traditional methods. The analysis reveals that Long Short-Term Memory (LSTM) networks, optimization techniques, and deep learning have the potential to model the dynamic nature of energy consumption, but they also have higher computational demands and data requirements. This review aims to offer a balanced view of current advancements and challenges in forecasting methods, guiding researchers, policymakers, and industry experts. It advocates for collaborative innovation in adaptive methodologies to enhance forecasting accuracy and support the development of resilient, sustainable energy systems.
Keywords: bibliometric analysis; adaptive energy forecasting; time series prediction; LSTM-based energy forecasting; optimization in adaptive forecasting bibliometric analysis; adaptive energy forecasting; time series prediction; LSTM-based energy forecasting; optimization in adaptive forecasting

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MDPI and ACS Style

Jaramillo, M.; Pavón, W.; Jaramillo, L. Adaptive Forecasting in Energy Consumption: A Bibliometric Analysis and Review. Data 2024, 9, 13. https://doi.org/10.3390/data9010013

AMA Style

Jaramillo M, Pavón W, Jaramillo L. Adaptive Forecasting in Energy Consumption: A Bibliometric Analysis and Review. Data. 2024; 9(1):13. https://doi.org/10.3390/data9010013

Chicago/Turabian Style

Jaramillo, Manuel, Wilson Pavón, and Lisbeth Jaramillo. 2024. "Adaptive Forecasting in Energy Consumption: A Bibliometric Analysis and Review" Data 9, no. 1: 13. https://doi.org/10.3390/data9010013

APA Style

Jaramillo, M., Pavón, W., & Jaramillo, L. (2024). Adaptive Forecasting in Energy Consumption: A Bibliometric Analysis and Review. Data, 9(1), 13. https://doi.org/10.3390/data9010013

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