The value of solar forecasts and the cost of their errors: A review

O Gandhi, W Zhang, DS Kumar… - … and Sustainable Energy …, 2024 - Elsevier
Despite the advances in solar forecasting methods, and their ever-increasing accuracy, little
is known about their value for real applications, eg, bidding in the electricity market, power …

Optimal peak-shaving for dynamic demand response in smart Malaysian commercial buildings utilizing an efficient PV-BES system

J Hossain, N Saeed, R Manojkumar… - Sustainable Cities and …, 2024 - Elsevier
Reducing peak demand on the utility grid benefits both grid operators and consumers.
However, achieving this goal while maintaining human comfort presents a significant …

Quantifying the value of probabilistic forecasting for power system operation planning

Q Wang, A Tuohy, M Ortega-Vazquez, M Bello, E Ela… - Applied Energy, 2023 - Elsevier
A recent key research area in renewable energy integration is the development of tools and
methods to capture and accommodate the uncertainty associated with the forecast errors …

[HTML][HTML] Life cycle assessment and forecasting for 30kW solar power plant using machine learning algorithms

SS Pattanaik, AK Sahoo, R Panda, S Behera - e-Prime-Advances in …, 2024 - Elsevier
Highly competitiveness of solar power plants in the energy market requires addressing the
active research problem of solar energy forecasting. To make precise forecasts, however …

Estimating the value of ECMWF EPS for photovoltaic power forecasting

M Marrocu, L Massidda - Solar Energy, 2024 - Elsevier
We conduct a comparative study of deterministic-to-probabilistic (D2P) and probabilistic-to-
probabilistic (P2P) forecasting methods for photovoltaic (PV) power generation. In this …

Estimation of regulation reserve requirements in California ISO: a data-driven method

L He, J Zhang, B Hobbs - 2023 IEEE Power & Energy Society …, 2023 - ieeexplore.ieee.org
This paper proposes a data-driven method to estimate real-time regulation reserve
requirements in the California Independent System Operator (CAISO) balancing authority …

Chance Constrained Day Ahead Stochastic Unit Commitment with Multiple Uncertainties

S Jain, RK Pachar, L Gidwani - Journal of Electrical Engineering & …, 2024 - Springer
The large scale integration of renewable energy sources and energy storage technologies is
driven by energy transition. The integrated technologies pose multiple uncertainties and …

Weather-Driven Flexibility Reserve Procurement: A NYISO Offshore Wind Power Case Study

Z Liang, R Mieth, Y Dvorkin… - arXiv preprint arXiv …, 2022 - arxiv.org
The growing penetration of variable renewable energy sources (VRES) requires additional
flexibility reserve to ensure reliable power system operations. Current industry practice …

Solar Power Production Forecasting Model Using Random Forest Algorithm

MA Azman, H Jantan, UFM Bahrin, EA Kadir - International Conference on …, 2023 - Springer
An increase in renewable energy demand and its energy mix caused the use of solar power
to become crucial. However, the uncertainty of solar power generation due to weather …

Machine Learning for Renewable Energy Forecasting for Hydroelectricity

A Dhar, M Vijayalakshmi… - 2024 2nd International …, 2024 - ieeexplore.ieee.org
This paper explores the field of machine learning (ML) techniques to improve the precision
of renewable energy forecasting, with a focus on hydroelectric power production. Since …