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Renewable Energy Forecasting

Author: Georges Kariniotakis

Publisher: Woodhead Publishing

Published: 2017-09-29

Total Pages: 386

ISBN-13: 0081005059

Renewable Energy Forecasting: From Models to Applications provides an overview of the state-of-the-art of renewable energy forecasting technology and its applications. After an introduction to the principles of meteorology and renewable energy generation, groups of chapters address forecasting models, very short-term forecasting, forecasting of extremes, and longer term forecasting. The final part of the book focuses on important applications of forecasting for power system management and in energy markets. Due to shrinking fossil fuel reserves and concerns about climate change, renewable energy holds an increasing share of the energy mix. Solar, wind, wave, and hydro energy are dependent on highly variable weather conditions, so their increased penetration will lead to strong fluctuations in the power injected into the electricity grid, which needs to be managed. Reliable, high quality forecasts of renewable power generation are therefore essential for the smooth integration of large amounts of solar, wind, wave, and hydropower into the grid as well as for the profitability and effectiveness of such renewable energy projects. Offers comprehensive coverage of wind, solar, wave, and hydropower forecasting in one convenient volume Addresses a topic that is growing in importance, given the increasing penetration of renewable energy in many countries Reviews state-of-the-science techniques for renewable energy forecasting Contains chapters on operational applications

Solar Energy Forecasting and Resource Assessment

Author: Jan Kleissl

Publisher: Academic Press

Published: 2013-06-25

Total Pages: 503

ISBN-13: 012397772X

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Solar Energy Forecasting and Resource Assessment is a vital text for solar energy professionals, addressing a critical gap in the core literature of the field. As major barriers to solar energy implementation, such as materials cost and low conversion efficiency, continue to fall, issues of intermittency and reliability have come to the fore. Scrutiny from solar project developers and their financiers on the accuracy of long-term resource projections and grid operators’ concerns about variable short-term power generation have made the field of solar forecasting and resource assessment pivotally important. This volume provides an authoritative voice on the topic, incorporating contributions from an internationally recognized group of top authors from both industry and academia, focused on providing information from underlying scientific fundamentals to practical applications and emphasizing the latest technological developments driving this discipline forward. The only reference dedicated to forecasting and assessing solar resources enables a complete understanding of the state of the art from the world’s most renowned experts. Demonstrates how to derive reliable data on solar resource availability and variability at specific locations to support accurate prediction of solar plant performance and attendant financial analysis. Provides cutting-edge information on recent advances in solar forecasting through monitoring, satellite and ground remote sensing, and numerical weather prediction.

Renewable Energy Resource Assessment and Forecasting

Author: George Galanis

Publisher: MDPI

Published: 2020-11-27

Total Pages: 306

ISBN-13: 3039430866

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In recent years, several projects and studies have been launched towards the development and use of new methodologies, in order to assess, monitor, and support clean forms of energy. Accurate estimation of the available energy potential is of primary importance, but is not always easy to achieve. The present Special Issue on ‘Renewable Energy Resource Assessment and Forecasting’ aims to provide a holistic approach to the above issues, by presenting multidisciplinary methodologies and tools that are able to support research projects and meet today’s technical, socio-economic, and decision-making needs. In particular, research papers, reviews, and case studies on the following subjects are presented: wind, wave and solar energy; biofuels; resource assessment of combined renewable energy forms; numerical models for renewable energy forecasting; integrated forecasted systems; energy for buildings; sustainable development; resource analysis tools and statistical models; extreme value analysis and forecasting for renewable energy resources.

Renewable Energy: Forecasting and Risk Management

Author: Philippe Drobinski

Publisher: Springer

Published: 2018-12-27

Total Pages: 246

ISBN-13: 3319990527

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Gathering selected, revised and extended contributions from the conference ‘Forecasting and Risk Management for Renewable Energy FOREWER’, which took place in Paris in June 2017, this book focuses on the applications of statistics to the risk management and forecasting problems arising in the renewable energy industry. The different contributions explore all aspects of the energy production chain: forecasting and probabilistic modelling of renewable resources, including probabilistic forecasting approaches; modelling and forecasting of wind and solar power production; prediction of electricity demand; optimal operation of microgrids involving renewable production; and finally the effect of renewable production on electricity market prices. Written by experts in statistics, probability, risk management, economics and electrical engineering, this multidisciplinary volume will serve as a reference on renewable energy risk management and at the same time as a source of inspiration for statisticians and probabilists aiming to work on energy-related problems.

Energy Time Series Forecasting

Author: Lars Dannecker

Publisher: Springer

Published: 2015-08-06

Total Pages: 231

ISBN-13: 3658110392

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Lars Dannecker developed a novel online forecasting process that significantly improves how forecasts are calculated. It increases forecasting efficiency and accuracy, as well as allowing the process to adapt to different situations and applications. Improving the forecasting efficiency is a key pre-requisite for ensuring stable electricity grids in the face of an increasing amount of renewable energy sources. It is also important to facilitate the move from static day ahead electricity trading towards more dynamic real-time marketplaces. The online forecasting process is realized by a number of approaches on the logical as well as on the physical layer that we introduce in the course of this book. Nominated for the Georg-Helm-Preis 2015 awarded by the Technische Universität Dresden.

Advanced Statistical Modeling, Forecasting, and Fault Detection in Renewable Energy Systems

Author: Fouzi Harrou

Publisher: BoD – Books on Demand

Published: 2020-04-01

Total Pages: 212

ISBN-13: 1838800913

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Fault detection, control, and forecasting have a vital role in renewable energy systems (Photovoltaics (PV) and wind turbines (WTs)) to improve their productivity, ef?ciency, and safety, and to avoid expensive maintenance. For instance, the main crucial and challenging issue in solar and wind energy production is the volatility of intermittent power generation due mainly to weather conditions. This fact usually limits the integration of PV systems and WTs into the power grid. Hence, accurately forecasting power generation in PV and WTs is of great importance for daily/hourly efficient management of power grid production, delivery, and storage, as well as for decision-making on the energy market. Also, accurate and prompt fault detection and diagnosis strategies are required to improve efficiencies of renewable energy systems, avoid the high cost of maintenance, and reduce risks of fire hazards, which could affect both personnel and installed equipment. This book intends to provide the reader with advanced statistical modeling, forecasting, and fault detection techniques in renewable energy systems.

Applied Operations Research and Financial Modelling in Energy

Author: André B. Dorsman

Publisher: Springer Nature

Published: 2021-10-12

Total Pages: 283

ISBN-13: 3030849813

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This book on Applied Operations Research and Financial Modelling in Energy (AORFME) presents several applications of operations research (OR) and financial modelling. The contributions by a group of OR and Finance researchers focus on a variety of energy decisions, presenting a quantitative perspective, and providing policy implications of the proposed or applied methodologies. The content is divided into three main parts: Applied OR I: Optimization Approaches, Applied OR II: Forecasting Approaches and Financial Modelling: Impacts of Energy Policies and Developments in Energy Markets. The book appeals to scholars in economics, finance and operations research, and to practitioners working in the energy sector. This is the eighth volume in a series of books on energy organized by the Centre for Energy and Value Issues (CEVI). For this volume, CEVI collaborated with Hacettepe University’s Energy Markets Research and Application Center. The previous volumes in the series are: Financial Aspects in Energy (2011), Energy Economics and Financial Markets (2012), Perspectives on Energy Risk (2014), Energy Technology and Valuation Issues (2015), Energy and Finance (2016), Energy Economy, Finance and Geostrategy (2018), and Financial Implications of Regulations in the Energy Industry (2020).

Hybrid Intelligent Technologies in Energy Demand Forecasting

Author: Wei-Chiang Hong

Publisher: Springer Nature

Published: 2020-01-01

Total Pages: 179

ISBN-13: 3030365298

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This book is written for researchers and postgraduates who are interested in developing high-accurate energy demand forecasting models that outperform traditional models by hybridizing intelligent technologies. It covers meta-heuristic algorithms, chaotic mapping mechanism, quantum computing mechanism, recurrent mechanisms, phase space reconstruction, and recurrence plot theory. The book clearly illustrates how these intelligent technologies could be hybridized with those traditional forecasting models. This book provides many figures to deonstrate how these hybrid intelligent technologies are being applied to exceed the limitations of existing models.

Real-time Forecasting for Renewable Energy Development

Author: United States. Congress. House. Committee on Science and Technology (2007). Subcommittee on Energy and Environment

Publisher:

Published: 2010

Total Pages: 100

ISBN-13:

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"A significant barrier to the widespread adoption of many forms of renewable energy, including wind, solar, and marine and hydrokinetic power, is that these sources are intermittent. Electric grid managers address this intermittency by adjusting the delivery of other sources of power based on expected changes in renewable power output. These expected changes are called power production forecasts. Such forecasts must take into account changing weather conditions in conjunction with the land's topography near a renewable energy device, along with the device's expected technical performance ... Several recent reports have determined that improving the accuracy and frequency of these forecasts can have a major impact on the economic viability of renewable energy resources" ... This hearing provides "testimony on the roles that various Federal agencies as well as the private sector play in providing forecasting data and services relevant to expanding the availability of reliable, renewable power, and the extent to which these efforts are coordinated. The hearing will also explore any research, development, demonstration, and monitoring needs that are not currently being adequately addressed."--P. 3-4.

Research Anthology on Clean Energy Management and Solutions

Author: Management Association, Information Resources

Publisher: IGI Global

Published: 2021-06-25

Total Pages: 2002

ISBN-13: 1799891534

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Energy usage and consumption continue to rise globally each year, with the most efficient and cost-effective energy sources causing huge impacts to the environment. In an effort to mitigate harmful effects to the environment, implementing clean energy resources and utilizing green energy management strategies have become worldwide initiatives, with many countries from all regions quickly becoming leaders in renewable energy usage. Still, not every energy resource is without flaws. Researchers must develop effective and low-cost strategies for clean energy in order to find the balance between production and consumption. The Research Anthology on Clean Energy Management and Solutions provides in-depth research that explores strategies and techniques used in the energy production field to optimize energy efficiency in order to maintain clean and safe use while delivering ample energy coverage. The anthology also seeks solutions to energy that have not yet been optimized or are still produced in a way that is harmful to the environment. Covering topics such as hydrogen fuel cells, renewable energy, solar power, solar systems, cost savings, and climate protection, this text is essential for electrical engineers, nuclear engineers, environmentalists, managers, policymakers, government officials, professionals in the energy industry, researchers, academicians, and students looking for the latest research on clean energy management.