Prediction Techniques For Renewable Energy Generation And Load Demand Forecasting

This book provides an introduction to forecasting methods for renewable energy sources integrated with existing grid. It consists of two sections; the first one is on the generation side forecasting methods, while the second section deals with the different ways of load forecasting. It broadly includes artificial intelligence, machine learning, hybrid techniques and other state-of-the-art techniques for renewable energy and load predictions. The book reflects the state of the art in distributed generation system and future microgrids and covers theory, algorithms, simulations and case studies. It offers invaluable insights through this valuable resource to students and researchers working in the fields of renewable energy, integration of renewable energy with existing grid and electrical distribution network.

Renewable Energy Forecasting: From Models to Applications provides an overview of the state-of-the-art of renewable energy forecasting technology and its applications. After an introduction to the principles of meteorology and renewable energy generation, groups of chapters address forecasting models, very short-term forecasting, forecasting of extremes, and longer term forecasting. The final part of the book focuses on important applications of forecasting for power system management and in energy markets. Due to shrinking fossil fuel reserves and concerns about climate change, renewable energy holds an increasing share of the energy mix. Solar, wind, wave, and hydro energy are dependent on highly variable weather conditions, so their increased penetration will lead to strong fluctuations in the power injected into the electricity grid, which needs to be managed. Reliable, high quality forecasts of renewable power generation are therefore essential for the smooth integration of large amounts of solar, wind, wave, and hydropower into the grid as well as for the profitability and effectiveness of such renewable energy projects. Offers comprehensive coverage of wind, solar, wave, and hydropower forecasting in one convenient volume Addresses a topic that is growing in importance, given the increasing penetration of renewable energy in many countries Reviews state-of-the-science techniques for renewable energy forecasting Contains chapters on operational applications

This book describes the stochastic and predictive control modelling of electrical systems that can meet the challenge of forecasting energy requirements under volatile conditions. The global electrical grid is expected to face significant energy and environmental challenges such as greenhouse emissions and rising energy consumption due to the electrification of heating and transport. Today, the distribution network includes energy sources with volatile demand behaviour, and intermittent renewable generation. This has made it increasingly important to understand low voltage demand behaviour and requirements for optimal energy management systems to increase energy savings, reduce peak loads, and reduce gas emissions. Electrical load forecasting is a key tool for understanding and anticipating the highly stochastic behaviour of electricity demand, and for developing optimal energy management systems. Load forecasts, especially of the probabilistic variety, can support more informed planning and management decisions, which will be essential for future low carbon distribution networks. For storage devices, forecasts can optimise the appropriate state of control for the battery. There are limited books on load forecasts for low voltage distribution networks and even fewer demonstrations of how such forecasts can be integrated into the control of storage. This book presents material in load forecasting, control algorithms, and energy saving and provides practical guidance for practitioners using two real life examples: residential networks and cranes at a port terminal.

This comprehensive open access book enables readers to discover the essential techniques for load forecasting in electricity networks, particularly for active distribution networks. From statistical methods to deep learning and probabilistic approaches, the book covers a wide range of techniques and includes real-world applications and a worked examples using actual electricity data (including an example implemented through shared code). Advanced topics for further research are also included, as well as a detailed appendix on where to find data and additional reading. As the smart grid and low carbon economy continue to evolve, the proper development of forecasting methods is vital. This book is a must-read for students, industry professionals, and anyone interested in forecasting for smart control applications, demand-side response, energy markets, and renewable utilization.

Electric Power Systems: Advanced Forecasting Techniques and Optimal Generation Scheduling helps readers develop their skills in modeling, simulating, and optimizing electric power systems. Carefully balancing theory and practice, it presents novel, cutting-edge developments in forecasting and scheduling. The focus is on understanding and solving pivotal problems in the management of electric power generation systems. Methods for Coping with Uncertainty and Risk in Electric Power Generation Outlining real-world problems, the book begins with an overview of electric power generation systems. Since the ability to cope with uncertainty and risk is crucial for power generating companies, the second part of the book examines the latest methods and models for self-scheduling, load forecasting, short-term electricity price forecasting, and wind power forecasting. Toward Optimal Coordination between Hydro, Thermal, and Wind Power Using case studies, the third part of the book investigates how to achieve the most favorable use of available energy sources. Chapters in this section discuss price-based scheduling for generating companies, optimal scheduling of a hydro producer, hydro-thermal coordination, unit commitment with wind generators, and optimal optimization of multigeneration systems. Written in a pedagogical style that will appeal to graduate students, the book also expands on research results that are useful for engineers and researchers. It presents the latest techniques in increasingly important areas of power system operations and planning.

Gathering selected, revised and extended contributions from the conference ‘Forecasting and Risk Management for Renewable Energy FOREWER’, which took place in Paris in June 2017, this book focuses on the applications of statistics to the risk management and forecasting problems arising in the renewable energy industry. The different contributions explore all aspects of the energy production chain: forecasting and probabilistic modelling of renewable resources, including probabilistic forecasting approaches; modelling and forecasting of wind and solar power production; prediction of electricity demand; optimal operation of microgrids involving renewable production; and finally the effect of renewable production on electricity market prices. Written by experts in statistics, probability, risk management, economics and electrical engineering, this multidisciplinary volume will serve as a reference on renewable energy risk management and at the same time as a source of inspiration for statisticians and probabilists aiming to work on energy-related problems.

Fault detection, control, and forecasting have a vital role in renewable energy systems (Photovoltaics (PV) and wind turbines (WTs)) to improve their productivity, ef?ciency, and safety, and to avoid expensive maintenance. For instance, the main crucial and challenging issue in solar and wind energy production is the volatility of intermittent power generation due mainly to weather conditions. This fact usually limits the integration of PV systems and WTs into the power grid. Hence, accurately forecasting power generation in PV and WTs is of great importance for daily/hourly efficient management of power grid production, delivery, and storage, as well as for decision-making on the energy market. Also, accurate and prompt fault detection and diagnosis strategies are required to improve efficiencies of renewable energy systems, avoid the high cost of maintenance, and reduce risks of fire hazards, which could affect both personnel and installed equipment. This book intends to provide the reader with advanced statistical modeling, forecasting, and fault detection techniques in renewable energy systems.

This book introduces the principle of carrying out a medium-term load forecast (MTLF) at power system level, based on the Big Data concept and Convolutionary Neural Network (CNNs). It also presents further research directions in the field of Deep Learning techniques and Big Data, as well as how these two concepts are used in power engineering. Efficient processing and accuracy of Big Data in the load forecast in power engineering leads to a significant improvement in the consumption pattern of the client and, implicitly, a better consumer awareness. At the same time, new energy services and new lines of business can be developed. The book will be of interest to electrical engineers, power engineers, and energy services professionals.