By HDK / Published on Wed, 2009-09-09 11:32
Wind power forecast uncertainty raises concerns of the impact of wind power on power system and electricity market operations. This research project uses an optimal power flow (OPF) model in a Monte Carlo Simulation (MCS) framework to estimate the cost impacts from the uncertainty in wind farm output.
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By Hans De Keulenaer / Published on Fri, 2009-02-13 13:16
Variability of weather and climate represents a significant source of risk to the electric power industry. Weather influences power trading, fuel acquisition, load forecasting, systems planning, hazard planning and a range of related tasks within the industry. Lead-times for weather and climate information range from minutes for rapidly changing hazard conditions and wind-power resources to decades for infrastructure planning. Demands on forecast accuracy are equally daunting.
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