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Forecast reconciliation is considered an effective method to achieve coherence (within a forecast hierarchy) and to improve forecast quality. However, the value of reconciled forecasts in downstream decision-making tasks has been mostly…
The energy market, and specifically the renewable sector carries volatility and risks, similar to the financial market. Here, we leverage on a well-established, return-risk approach, commonly used by equity portfolio-managers and apply it…
We introduce REmap-eu.app, a web-based data-mining visualization tool of the spatial and temporal variability of wind resources. It uses the latest open-access dataset of the daily wind capacity factor in 28 European countries between 1979…
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…
The objective of the GreenPAD project is to use green energy (wind, solar and biomass) for powering data-centers that are used to run HPC jobs. As a part of this it is important to predict the Renewable (Wind) energy for efficient…
Fossil gas is sometimes presented as an enabler of variable solar and wind generation beyond 2050, despite being a primary source of greenhouse gas emissions from methane leakage and combustion. We find that balancing solar and wind…
Ensembles of regional-global climate model combinations show substantial spread in projected wind and solar resources. Using 31 RCM-GCM pairs, we quantify the sources of this spread with a spatially and seasonally resolved variance…
The logistic function is used to forecast energy consumed worldwide. The logistic substitution model is used to describe the energy mix since 1965 presenting a picture significantly different from the one covering the previous 100 years. In…
The variational and diffusion quantum Monte Carlo methods are used to calculate the correlation energy of the paramagnetic three-dimensional homogeneous electron gas at intermediate to high density. Ground state energies in finite cells are…
This paper is concerned with a nonparametric regression problem in which the input variables and the errors are autocorrelated in time. The motivation for the research stems from modeling wind power curves. Using existing model selection…
There is a general need of elaborating energy-effective solutions for managing our increasingly dense interconnected world. The problem should be tackled in multiple dimensions -technology, society, economics, law, regulations, and…
Integrating a high share of electricity from non-dispatchable Renewable Energy Sources in a power supply system is a challenging task. One option considered in many studies dealing with prospective power systems is the installation of…
We discuss how ensemble weather forecasts can be used, and highlight the advantages and disadvantages of two particular methods.
In order to enable the transition towards renewable energy sources, probabilistic energy forecasting is of critical importance for incorporating volatile power sources such as solar energy into the electrical grid. Solar energy forecasting…
The global increase in energy consumption and demand has forced many countries to transition into including more diverse energy sources in their electricity market. To efficiently utilize the available fuel resources, all energy sources…
In recent works by Yang et al. (2017a,b), and Yagli et al. (2019), geographical, temporal, and sequential deterministic reconciliation of hierarchical photovoltaic (PV) power generation have been considered for a simulated PV dataset in…
In the planning phase of siting both new Wind Farms (WFs) and Nuclear Power Plants (NPPs), many benefits and challenges exist. An important aspect taken into consideration during the NPP siting is the existence of ultimate heat sink which…
We study the renewable energy generations in Hong Kong based on realistic meteorological data, and find that different renewable sources exhibit diverse time-varying and location-dependent profiles. To efficiently explore and utilize the…
This paper presents a spatial clustering method to create regions with similar time-varying energy characteristics. This method combines empirical orthogonal functions (EOFs) for dimensionality reduction and max-p regionalization for…
We use the technique of wavelet analysis to quantitatively investigate the role of solar variability in forcing terrestrial climate change on solar cycle timescales (roughly 11 years). We examine the connection between mean annual solar…