As one of the most important energy sources, electricity plays an important role in power system and is the main driving force for the development of the country and society. Accurately forecasting electricity consumption is of significance of the power system and market. For this, a novel fractional grey polynomial model with time power term (denoted as FPGM(1,1,tα)) is developed for forecasting electricity consumption of India and China, in which the grey polynomial model is optimized by combining time power term and fractional accumulation,...
