Comparing the Value of Improved Variable Renewable Energy Forecasting Accuracy in South African and United States Power Systems: Preprint

J. Wright, G. Landwehr

Research output: Contribution to conferencePaper

Abstract

The value associated with an improved VRE forecast in has been quantified in this research. The value of improved VRE forecasts can increase with increasing VRE penetration levels with the range of this value becoming wider at increasing penetration levels. This value also saturates with high levels of improved VRE forecasts as there is relatively lower impact of improving VRE forecasts further. This paper discusses how the improvement of variable renewable energy (VRE) forecasting could impact the South African power system and a United States power system.
Original languageAmerican English
Number of pages12
StatePublished - 2018
EventWindAc 2018 - Capetown, South Africa
Duration: 5 Nov 20186 Nov 2018

Conference

ConferenceWindAc 2018
CityCapetown, South Africa
Period5/11/186/11/18

Bibliographical note

See NREL/JA-5D00-75109 for paper as published in the Journal of Energy in Southern Africa

NREL Publication Number

  • NREL/CP-5D00-72593

Keywords

  • day-ahead
  • forecast
  • production-cost model
  • real-time
  • South Africa
  • uncertainty
  • variable renewable energy (VRE)
  • weather systems

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