Abstract
An increasing number of utilities participating in the energy market require short term (i.e. up to 48 hours) power forecasts for renewable generation in order to optimize technical and financial performances. As a result, a large number of forecast providers now operate in the marketplace, each using different methods and offering a wide range of services. This paper assesses five different day-ahead wind power forecasts generated by various service providers currently operating in the market, and compares their performance against the state-of-the-art of short-term wind power forecasting. The work focuses on how power curve estimations can introduce systematic errors that affect overall forecast performance. The results of the study highlight the importance of: accurately modelling the wind speed-to-power output relationships at higher wind speeds; taking account of power curve trends when training models; and the need to incorporate long-term (months to years) power curve variability into the forecast updating process.
| Original language | English |
|---|---|
| Title of host publication | 2017 14th International Conference on the European Energy Market, EEM 2017 |
| Publisher | IEEE Computer Society |
| ISBN (Electronic) | 9781509054992 |
| DOIs | |
| Publication status | Published - 14 Jul 2017 |
| Event | 14th International Conference on the European Energy Market, EEM 2017 - Dresden, Germany Duration: 6 Jun 2017 → 9 Jun 2017 |
Publication series
| Name | International Conference on the European Energy Market, EEM |
|---|---|
| ISSN (Print) | 2165-4077 |
| ISSN (Electronic) | 2165-4093 |
Conference
| Conference | 14th International Conference on the European Energy Market, EEM 2017 |
|---|---|
| Country/Territory | Germany |
| City | Dresden |
| Period | 6/06/17 → 9/06/17 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
Keywords
- Forecast assessment
- Short-term forecasting
- Wind energy
- Wind power forecast
- Wind turbine power curve
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