Forecasting Model of Coal Requirement Quantity Based on Grey System Theory

The generally used methods of forecasting coal requirement quantity include the analogy method, the outside push method and the cause effect analysis method. However, the precision of forecasting results using these methods is lower. This paper uses the grey system theory, and sets up grey forecasting model GM (1, 3) to coal requirement quantity. The forecasting result for the Chinese coal requirement quantity coincides with the actual values, and this shows that the model is reliable. Finally, this model are used to forecast Chinese coal requirement quantity in the future ten years.