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 language | American English |
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Number of pages | 12 |
State | Published - 2018 |
Event | WindAc 2018 - Capetown, South Africa Duration: 5 Nov 2018 → 6 Nov 2018 |
Conference
Conference | WindAc 2018 |
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City | Capetown, South Africa |
Period | 5/11/18 → 6/11/18 |
Bibliographical note
See NREL/JA-5D00-75109 for paper as published in the Journal of Energy in Southern AfricaNREL Publication Number
- NREL/CP-5D00-72593
Keywords
- day-ahead
- forecast
- production-cost model
- real-time
- South Africa
- uncertainty
- variable renewable energy (VRE)
- weather systems