Renewable Energy Trends in Future Prospect Analyzed by XGBoost- A Time Series Analysis

This research study investigates the renewable energy perspective for the future generation prompt analysis using the time series model XGBoost. This is very important analysis to harness the power in renewable energy sector, since the fuel energy crisis is increasing rapidly throughout the world. A successful mentor in prediction of renewable energy prompt can mitigate the world energy crisis in near future. From the model analysis, it is found that the maximum renewable energy produced in Romania is 6645 MW where total maximum energy production is 9886 MW. From this scenario it is obvious that the renewable energy is a promising field to harness more power from this sector. The minimum renewable energy production recorded is 2862.420378 MW with a standard deviation of 904.584233 MW on the basis of last 5.5 years of data. This paper tries to present a graphical view of future generation of the renewable energy based on the previous data analysis with minimum RMSE value recorded as 308.45757 for validation data set.