The invention discloses a grey correlation analysis-based improved fireworks algorithm for carrying out optimization calculation on model parameters, which belongs to the technical field of mid-long term load prediction. The method comprises steps: 1, a GM (1,1) model is built; 2, through one cumulative iteration, a non-negative sequence is processed to generate a modeling sequence; 3, one cumulative sequence is used for building a first-order linear whitening differential equation; 4, a prediction result model is deduced; 5, through inverse accumulated generating operation, a prediction model Y <(0)> for X <(0)> is obtained; and 6, a grey model parameter solution method based on the improved fireworks algorithm is brought forward. The modeling process is practical and simple, the grey algorithm parameters can be quickly and effectively solved, and the mid-long term load prediction precision is improved.