Related papers: Improving the forecast accuracy of wind power by l…
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…
We address the construction of Realized Variance (RV) forecasts by exploiting the hierarchical structure implicit in available decompositions of RV. By using data referred to the Dow Jones Industrial Average Index and to its constituents we…
Power supply from renewable resources is on a global rise where it is forecasted that renewable generation will surpass other types of generation in a foreseeable future. Increased generation from renewable resources, mainly solar and wind,…
We study the applicability of GNNs to the problem of wind energy forecasting. We find that certain architectures achieve performance comparable to our best CNN-based benchmark. The study is conducted on three wind power facilities using…
Decentralized energy management is of paramount importance in smart microgrids with renewables for various reasons including environmental friendliness, reduced communication overhead, and resilience to failures. In this context, the…
Accurate electricity consumption forecasting is essential for demand management and smart grid operations. This paper introduces a unified deep learning framework that integrates cyclical temporal encoding with hybrid LSTM-CNN architectures…
As an important clean and renewable kind of energy, wind power plays an important role in coping with energy crisis and environmental pollution. However, the volatility and intermittency of wind speed restrict the development of wind power.…
Wind power generation exhibits a strong temporal variability, which is crucial for system integration in highly renewable power systems. Different methods exist to simulate wind power generation but they often cannot represent the crucial…
Renewable energy technologies including solar and wind inevitably play a leading role in meeting the growing demand for a decarbonized and clean power grid. However, these technologies are highly dependent of meteorological conditions of…
Solar power harbors immense potential in mitigating climate change by substantially reducing CO$_{2}$ emissions. Nonetheless, the inherent variability of solar irradiance poses a significant challenge for seamlessly integrating solar power…
Averting the impending harms of climate change requires to replace fossil fuels with renewables as a primary source of energy. Non-electric renewable potential being limited, this implies extending the use of electricity generated from wind…
This work proposes a method of wind farm scenario generation to support real-time optimization tools and presents key findings therein. This work draws upon work from the literature and presents an efficient and scalable method for…
Rising global energy demand from population growth raises concerns about the sustainability of fossil fuels. Consequently, the energy sector has increasingly transitioned to renewable energy sources like solar and wind, which are naturally…
The integration of renewable energy sources (RES) into power grids presents significant challenges due to their intrinsic stochasticity and uncertainty, necessitating the development of new techniques for reliable and efficient forecasting.…
The importance of renewable power production is a set goal in terms of the energy turnaround. Developing short-term wind speed forecasting improvements might increase the profitability of wind power. This article compares two novel…
Uncertainty analysis in the form of probabilistic forecasting can significantly improve decision making processes in the smart power grid for better integrating renewable energy sources such as wind. Whereas point forecasting provides a…
Long-term planning of a robust power system requires the understanding of changing demand patterns. Electricity demand is highly weather sensitive. Thus, the supply side variation from introducing intermittent renewable sources, juxtaposed…
The increasing integration of renewable energy sources (RESs) into modern power systems presents significant opportunities but also notable challenges, primarily due to the inherent variability of RES generation. Accurate forecasting of RES…
In numerous applications, it is required to produce forecasts for multiple time-series at different hierarchy levels. An obvious example is given by the supply chain in which demand forecasting may be needed at a store, city, or country…
Wind power is one of the most important renewable energy sources and accurate wind power forecasting is very significant for reliable and economic power system operation and control strategies. This paper proposes a novel framework with…