Related papers: Wind Energy: Forecasting Challenges for Its Operat…
The increasing attention to environmental issues is forcing the implementation of novel energy models based on renewable sources, fundamentally changing the configuration of energy management and introducing new criticalities that are only…
Electricity is typically traded in day-ahead auctions because many power system decisions, such as unit commitment, must be made in advance. However, when wind and solar generators sell power one day ahead, they face uncertainty about their…
Offshore wind power in the North Sea is considered a main pillar in Europe's future energy system. A key challenge lies in determining the optimal spatial capacity allocation of offshore wind parks in combination with the dimensioning and…
Wind integration in power grids is very difficult, essentially because of the uncertain nature of wind speed. Forecasting errors on output from wind turbines may have costly consequences. For instance, power might be bought at highest price…
We investigate the problem of market mechanism design for wind energy. We consider a dynamic two-step model with one strategic seller with wind generation and one buyer, who trade energy through a mechanism determined by a designer. The…
As renewable distributed energy resources (DERs) penetrate the power grid at an accelerating speed, it is essential for operators to have accurate solar photovoltaic (PV) energy forecasting for efficient operations and planning. Generally,…
Load forecasts have become an integral part of energy security. Due to the various influencing factors that can be considered in such a forecast, there is also a wide range of models that attempt to integrate these parameters into a system…
Accurate projections of wind energy potential under climate change are critical for effective long-term energy planning. While previous studies have highlighted the value of multi-model ensembles, they often fall short in capturing the full…
Photovoltaic and wind power forecasts in power systems with a high share of renewable energy are essential in several applications. These include stable grid operation, profitable power trading, and forward-looking system planning. However,…
The share of wind energy in total installed power capacity has grown rapidly in recent years around the world. Producing accurate and reliable forecasts of wind power production, together with a quantification of the uncertainty, is…
Electricity is difficult to store, except at prohibitive cost, and therefore the balance between generation and load must be maintained at all times. Electricity is traditionally managed by anticipating demand and intermittent production…
In power system operation, characterizing the stochastic nature of wind power is an important albeit challenging issue. It is well known that distributions of wind power forecast errors often exhibit significant variability with respect to…
Accurate power forecasting from renewable energy sources (RES) is crucial for integrating additional RES capacity into the power system and realizing sustainability goals. This work emphasizes the importance of integrating decentralized…
Over the past decade, wind energy has gained more attention in the world. However, owing to its indirectness and volatility properties, wind power penetration has increased the difficulty and complexity in dispatching and planning of…
How much wind energy does the atmosphere generate, and how much of it can at best be used as renewable energy? This review aims to give first-order estimates and sensitivities to answer these questions that are consistent with those…
The economic success of offshore wind energy projects relies on accurate projections of the construction, and operations and maintenance (O&M) costs. These projections must consider the logistical complexities introduced by adverse…
The current fossil fuel and climate crisis has led to an increased demand for renewable energy sources, such as wind power. In northern Europe, the efficient use of wind power is crucial for achieving carbon neutrality. To assess the…
The increasing penetration level of energy generation from renewable sources is demanding for more accurate and reliable forecasting tools to support classic power grid operations (e.g., unit commitment, electricity market clearing or…
Accurate and reliable forecasting of renewable energy generation is crucial for the efficient integration of renewable sources into the power grid. In particular, probabilistic forecasts are becoming essential for managing the intrinsic…
Accurate production forecasts are essential to continue facilitating the integration of renewable energy sources into the power grid. This paper illustrates how to obtain probabilistic day-ahead forecasts of wind power generation via…