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Wind Forecasting Articles & Analysis

19 articles found

Wakes and blockage

Wakes and blockage

The importance of taking into account wake and blockage effects when assessing wind farm energy production. Since DNV published the consequences of neglecting blockage and its impact on energy production [1], and Orsted presented an update of its long-term financial targets taking into account the blockage and wake effects [2], these two effects have become one of the hottest topics in the ...

ByVORTEX FdC


Presenting the Leader in Wind Project Installations – Asia

Presenting the Leader in Wind Project Installations – Asia

Wind power has shown great potential in the last decade. And Asia has been leading the mandate for wind project installations, both onshore and offshore. The International Renewable Energy Agency (IRENA)’s Future of Wind report makes a number of predictions about wind asset management in the region. According to their analysis, Asia’s traditional, onshore power capacity could jump to ...

ByPowerhub


Traceability, accountability, and diversification come to the fore as the energy sector enters into a new decade

Traceability, accountability, and diversification come to the fore as the energy sector enters into a new decade

Figures from the International Energy Agency suggest that by 2023 renewables would be in double figures as a percentage of fuels overall and that the size of the market will grow by one fifth between 2019 and 2024; CNBC issued a more pessimistic forecast as recently as November 2019. However, consumer demand for renewables has never been higher and this is likely to increase ...

ByIFS


Equinor cuts floating wind costs by 40% in design revamp

Equinor cuts floating wind costs by 40% in design revamp

Hywind Tampen, the world's first floating wind farm to supply oil and gas facilities, is set to spur cost reductions across the floating wind sector. ...

ByNew Energy Update - Reuters Events


US wind O&M thrust creates new roles, supplier networks

US wind O&M thrust creates new roles, supplier networks

Department of Energy (DOE), gathered from multiple forecasters. U.S. wind capital spending is set to surge from $12 billion in 2018 to an average $14 billion per year in 2019-2021 as developers race to meet PTC deadlines, research group IHS Markit said in its recent '2019 Wind Power Plant Benchmarking in North America' report. ...

ByNew Energy Update - Reuters Events


Global wind speeds bounce back to hike output; New Jersey raises offshore target to 7.5 GW

Global wind speeds bounce back to hike output; New Jersey raises offshore target to 7.5 GW

Global onshore wind speeds are rising, new study finds Global onshore wind speeds have risen since 2010, after decades of decline, boosting potential wind energy by around 17% between 2010 and 2017, according to a new academic study published in Nature. Rising wind speeds have increased U.S. wind turbine ...

ByNew Energy Update - Reuters Events


Floating wind digital twin set to accelerate wave impact learnings

Floating wind digital twin set to accelerate wave impact learnings

The WFA project consists of three 8 MW MHI Vestas offshore wind turbines, the largest ever used for a floating wind farm, attached to Principle Power's semi-submersible floating wind base. ...

ByNew Energy Update - Reuters Events


Norway seeks major role in floating wind supply chain

Norway seeks major role in floating wind supply chain

Forecast floating wind capex by technology area (Projects under development, planned & possible) Source: Quest Floating Wind Energy: ‘Global Floating Wind Energy Market Forecast ...

ByNew Energy Update - Reuters Events


US wind turbine suppliers predict extended repowering wave

US wind turbine suppliers predict extended repowering wave

Leading U.S. turbine supplier GE Renewable Energy has repowered 4 GW of U.S. wind capacity at 36 wind farms since 2017 and expects to repower a further 3 GW of capacity at 25 windfarms by the end of 2020, the company said in May. ...

ByNew Energy Update - Reuters Events


US offshore CEOs call for East Coast supply hubs to beat competition

US offshore CEOs call for East Coast supply hubs to beat competition

European project learnings have sliced prices and boosted demand for U.S. projects. Contracted U.S. offshore wind capacity is forecast to rise to around 4 GW by the end of 2019, the University of Delaware said in a recent report. A further 5.5 GW of new capacity is expected to be procured in 2020-2022, followed by 6.4 GW in 2022-2025, it said. ...

ByNew Energy Update - Reuters Events


Forecasting Exercise - Case Study

Forecasting Exercise - Case Study

Objective: In 2005, AEE promoted a project related to the prediction of wind farm energy production, known as the Prediction Exercise. The project was financed by AEE and by companies that own the parks, as well as by a subsidy from the PROFIT programme of the Ministry of Education and Science. The Prediction Exercise consisted of a comparative Round Robin of ...

ByAsociación Empresarial Eólica (AEE)


Wind power is about to get a whole lot cheaper

Wind power is about to get a whole lot cheaper

Wind energy is soaring around the world, thanks to technology advances and energy policies that have reduced its cost. And things are only going to get better — with prices dropping substantially by mid-century, according to a survey of 163 of the world’s leading wind energy experts. The results, published in the journal Nature Energy, suggest that the cost of electricity from wind ...

ByEnsia


CSP cost forecasts undervalue benefit to future grid balancing

CSP cost forecasts undervalue benefit to future grid balancing

Global renewable energy expansion is reducing the cost of solar and wind energy while increasing grid intermittency and the need for dispatchable power output. ...

ByNew Energy Update - Reuters Events


UK offshore load factors accelerate on tech breakthroughs: 10-year study

UK offshore load factors accelerate on tech breakthroughs: 10-year study

The Crown Estate manages UK sovereign assets such as offshore territory and closer inspection of the data shows load factor increases have accelerated in recent years when discounted for wind variability. Globally, some 5.3 GW of offshore wind capacity is expected to be installed in 2015 and annual additions are set to rise to 7.5 GW by 2020, according to the ...

ByWind Energy Update - Reuters Events


Official market forecast for South Africa’s Wind Energy Industry released

Official market forecast for South Africa’s Wind Energy Industry released

2015’s official Wind Energy Forecast for the South African market was released today detailing the key market trends in 2015 for wind energy in in the country. ...

ByWind Energy Update - Reuters Events


Influence of market rules on the economic value of wind power: an Austrian case study

Influence of market rules on the economic value of wind power: an Austrian case study

Currently, wind power faces heterogeneous conditions for market integration throughout Europe, given both differing wind power and power system characteristics as well as according regulatory frameworks. This paper discusses marketing options and assesses the influence of market rules on the economic value of wind power for an Austrian case ...

ByInderscience Publishers


Bidding and regulating strategies in a dual imbalance pricing system: case study for a Dutch wind producer

Bidding and regulating strategies in a dual imbalance pricing system: case study for a Dutch wind producer

In this work, offshore wind power forecast and realisation data are combined with price information from the day-ahead market operated by the Amsterdam Power Exchange and from the imbalance market operated by the Dutch System Operator. This allows for computing spot-market revenues and imbalance penalties or gains for a wind power producer. Three ...

ByInderscience Publishers


Trading wind in a hydro-dominated power pool system

Trading wind in a hydro-dominated power pool system

In 1996, the Danish government launched an ambitious energy plan, Energy 21, describing a way to develop the energy sector in a more sustainable direction. Wind power plays an important role in the plan, and as a consequence there will be a very high penetration of wind energy in the electricity sector. This will put in focus issues of fitting a variable energy source into a stable supply system. ...

ByInderscience Publishers


Tidal influence on offshore wind fields and resource predictions

Tidal influence on offshore wind fields and resource predictions

The rise and fall of the sea surface due to tides effectively moves an offshore wind turbine hub through the wind shear profile. This effect is quantified using measured data from three offshore UK sites. Statistical evidence of the influence of tide on mean wind speed and turbulence is presented. The implications of this effect for predicting offshore wind resource are outlined.Keywords: Tidal, ...

ByInderscience Publishers

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