1,451 research outputs found

    Polyhedral Predictive Regions For Power System Applications

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    Despite substantial improvement in the development of forecasting approaches, conditional and dynamic uncertainty estimates ought to be accommodated in decision-making in power system operation and market, in order to yield either cost-optimal decisions in expectation, or decision with probabilistic guarantees. The representation of uncertainty serves as an interface between forecasting and decision-making problems, with different approaches handling various objects and their parameterization as input. Following substantial developments based on scenario-based stochastic methods, robust and chance-constrained optimization approaches have gained increasing attention. These often rely on polyhedra as a representation of the convex envelope of uncertainty. In the work, we aim to bridge the gap between the probabilistic forecasting literature and such optimization approaches by generating forecasts in the form of polyhedra with probabilistic guarantees. For that, we see polyhedra as parameterized objects under alternative definitions (under L1L_1 and L∞L_\infty norms), the parameters of which may be modelled and predicted. We additionally discuss assessing the predictive skill of such multivariate probabilistic forecasts. An application and related empirical investigation results allow us to verify probabilistic calibration and predictive skills of our polyhedra.Comment: 8 page

    New forecast tools to enhance the value of VRE on the electricity market: Deliverable D4.9

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    Project TradeRES - New Markets Design & Models for 100% Renewable Power Systems: https://traderes.eu/about/ABSTRACT: The present deliverable was developed as part of the research activities of the TradeRES project Task 4.4 - Enhancing the value of VRE on the electricity markets with advanced forecasting and ramping tools. This report presents the first version of deliverable 4.9, which consists on the description and implementation of the forecasting techniques aiming to identify and explore the time synergies of meteorological effects and electricity market designs in order to maximize the value of variable renewable energy systems and minimize market imbalances. An overview of key aspects that characterize a power forecast system is presented in this deliverable through a literature review. This overview addresses the: i) forecast time horizon; ii) type of approach (physical, statistical or hybrid); iii) data pre-processing procedures; iv) type of forecast output; and v) the most common metrics used to evaluate the performance of the forecast systems.N/

    A review on Day-Ahead Solar Energy Prediction

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    Accurate day-ahead prediction of solar energy plays a vital role in the planning of supply and demand in a power grid system. The previous study shows predictions based on weather forecasts composed of numerical text data. They can reflect temporal factors therefore the data versus the result might not always give the most accurate and precise results. That is why incorporating different methods and techniques which enhance accuracy is an important topic. An in-depth review of current deep learning-based forecasting models for renewable energy is provided in this paper

    Shape and Time Distortion Loss for Training Deep Time Series Forecasting Models

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    International audienceThis paper addresses the problem of time series forecasting for non-stationarysignals and multiple future steps prediction. To handle this challenging task, weintroduce DILATE (DIstortion Loss including shApe and TimE), a new objectivefunction for training deep neural networks. DILATE aims at accurately predictingsudden changes, and explicitly incorporates two terms supporting precise shapeand temporal change detection. We introduce a differentiable loss function suitablefor training deep neural nets, and provide a custom back-prop implementation forspeeding up optimization. We also introduce a variant of DILATE, which providesa smooth generalization of temporally-constrained Dynamic Time Warping (DTW).Experiments carried out on various non-stationary datasets reveal the very goodbehaviour of DILATE compared to models trained with the standard Mean SquaredError (MSE) loss function, and also to DTW and variants. DILATE is also agnosticto the choice of the model, and we highlight its benefit for training fully connectednetworks as well as specialized recurrent architectures, showing its capacity toimprove over state-of-the-art trajectory forecasting approaches

    Generation of scenarios from calibrated ensemble forecasts with a dual ensemble copula coupling approach

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    Probabilistic forecasts in the form of ensemble of scenarios are required for complex decision making processes. Ensemble forecasting systems provide such products but the spatio-temporal structures of the forecast uncertainty is lost when statistical calibration of the ensemble forecasts is applied for each lead time and location independently. Non-parametric approaches allow the reconstruction of spatio-temporal joint probability distributions at a low computational cost. For example, the ensemble copula coupling (ECC) method rebuilds the multivariate aspect of the forecast from the original ensemble forecasts. Based on the assumption of error stationarity, parametric methods aim to fully describe the forecast dependence structures. In this study, the concept of ECC is combined with past data statistics in order to account for the autocorrelation of the forecast error. The new approach, called d-ECC, is applied to wind forecasts from the high resolution ensemble system COSMO-DE-EPS run operationally at the German weather service. Scenarios generated by ECC and d-ECC are compared and assessed in the form of time series by means of multivariate verification tools and in a product oriented framework. Verification results over a 3 month period show that the innovative method d-ECC outperforms or performs as well as ECC in all investigated aspects
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