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Innovators
Technical
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November 4, 2021
3:00 PM - 4:00 PM GMT
Short-term power forecasting is helping Generators and Transmission & Distribution System Operators increase revenues and improve grid reliability. Renewable Energies are helping decarbonize the grid but their intermittency makes it difficult to manage unstable grids or comply with energy regulations.
Renewables & Energy Storage
Wind power intermittency has always been the major barrier for large scale wind power integration. As more wind power is being injected to the grid, there is an increasing importance in energy and price forecasting in order to manage the grid accordingly.
In 2020 alone, enough wind power was curtailed to power a million homes for a year. These energy losses and the costs associated to them have direct implications on Wind Farm Operators, Transmission System Operators and Energy Traders.
Find out how Short-term wind power forecasting has been evolving over the past years and how it can help reduced imbalance charges and penalties, reduce curtailments and costs and better manage the grid.
