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Forecasting Methods for Renewable Power Generation

Forecasting Methods for Renewable Power Generation

Redigert av Jai Govind Singh, Sasidharan Sreedharan, Rupendra Kumar Pachauri, 2025.

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Språk: Engelsk

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Forecasting Methods for Renewable Power Generation is an essential resource for both professionals and students, providing in-depth insights into vital forecasting techniques that enhance grid stability, optimize resource management, and enable effective electricity pricing strategies. It is a must-have reference for anyone involved in the clean energy sector. Forecasting techniques in renewable power generation, demand response, and electricity pricing are vital for grid stability, optimal resource allocation, efficient energy management, and cost-effective electricity supply. They enable grid operators and market participants to make informed decisions, mitigate risks, and enhance the overall reliability and sustainability of the electrical grid. Electricity prices can vary significantly based on supply and demand dynamics. By forecasting expected demand and the availability of generation resources, market operators can optimize electricity pricing strategies. This alignment of prices with anticipated supply-demand balance incentivizes the efficient use of electricity and promotes market efficiency. Accurate forecasting helps prevent price spikes, reduces market uncertainties, and supports the development of effective energy trading strategies. This book presents these topics and trends in an encyclopedic format, serving as a go-to reference for engineers, scientists, or students interested in the subject. The book is divided into three easy-to-navigate sections that thoroughly examine the AI and machine learning-based algorithms and pseudocode considered in this study. This is the most comprehensive and up-to-date encyclopedia of forecasting in renewable power generation, demand response, and electricity pricing ever written, and is a must-have for any library.

Produktinformasjon
Format
Innbundet
Utgivelsesår
2025
Første salgsdato
28.03.2025
Forlag
Wiley-Scrivener
Språk
Engelsk
Antall sider
416
Høyde
10 mm
Bredde
10 mm
Lengde
10 mm
Vekt
794 g
ISBN
9781394249435
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Forecasting Methods for Renewable Power Generation