wind forecasting Articles
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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 different cases are evaluated: a perfect forecast, ...
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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 study. Special emphasis is thereby put on options for ...
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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. Leading experts from Vestas, Siemens, Barclays, and Green Cape discussed key questions facing this year’s wind energy market inside the 8 page report. This January, experts from across the industry were asked five key ...
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US offshore CEOs call for East Coast supply hubs to beat competition
The U.S. offshore sector must create regional East Coast supply chains and public-private initiatives that accelerate training and port investments to ensure long-term competitiveness, leading developers told the U.S. Offshore Wind 2019 Conference. New Jersey's decision last week to select Orsted’s giant 1.1 GW Ocean Wind project for its first large-scale facility highlights the rapid ...
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Norway seeks major role in floating wind supply chain
Norway is hosting first-of-a-kind floating wind projects and opening up new sea areas for technology development, aiming to turn oil and gas know-how into renewable trade exports. Two recent announcements by Norway's government highlight the momentum gathering behind Norwegian floating wind development. In August, Norwegian state fund Enova agreed to fund NOK2.3 billion ($252 million) ...
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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’s Offshore Wind Operational report 2015 shows there has been a gradual increase in the load factor for the UK fleet since 2004 on the back of more productive wind turbines, wind farms being built at windier sites and improved plant availability. The Crown Estate manages UK sovereign assets such as ...
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CSP cost forecasts undervalue benefit to future grid balancing
CSP generation costs could drop to $77/MWh by 2025 but storage and hybrid solar plants can provide further value by following load, Jose Alfonso Nebrera, Director of Spanish engineering firm ACS SCE, said at the MENASOL 2016 conference on May 26. Global renewable energy expansion is reducing the cost of solar and wind energy while increasing grid intermittency and the need for dispatchable power ...
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Equinor cuts floating wind costs by 40% in design revamp
Equinor will use new installation techniques, concrete substructures and a shared mooring design to slice costs at its ground-breaking Hywind Tampen floating wind project in Norway, Halvor Hoen Hersleth, Operations Manager at Hywind Tampen, told the Offshore and Floating Wind Europe 2019 conference. Hywind Tampen, the world's first floating wind farm to supply oil and gas facilities, is set ...
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Floating wind digital twin set to accelerate wave impact learnings
A new digital twin project led by floating wind developer Principle Power will use advanced wave behavior analysis to improve load calculations critical to long-term design efficiency, project partners told New Energy Update. Last month, U.S. group Principle Power announced it would lead a consortium of public and private groups to develop the world's first digital twin software for floating ...
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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 capacity factors by around 2.5% since 2010, representing half the gains in capacity ...
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US wind O&M thrust creates new roles, supplier networks
U.S. wind operators will invest in repowering, digital tools and remote technologies in the coming decade, supported by deeper service and spares networks, analysts and suppliers told New Energy Update. The phasing out of the U.S. federal production tax credit (PTC) is set to profoundly impact wind industry spending and employment trends. The 10-year PTC is set at $23/MWh for projects ...
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Electricity use falls because of efficiency
Electricity sales can gauge the national economic health. An ailing economy uses less electricity because is produces fewer goods and services. Sometimes, however, electricity sales fall for a good reason – efficiency.Such is the case in the United States, according to a recent statistics released by the North American Electric Reliability Corporation (NERC). The organization annually assesses ...
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Solar operators take on price, timing risk to secure offtakers
Asset managers are building wholesale market expertise and creating time-sensitive labor and cleaning strategies to meet the risk demands of offtakers, leading operators told the PV USA Operations conference. Falling solar costs and growing demand from utility and corporate offtakers are placing new pressures on asset management and operations and maintenance (O&M) groups. U.S. ...
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Offshore wind installation vessel capacity to tighten after 2020
The existing fleet of turbine and foundation installation vessels is well suited to serve the European offshore wind market in the short and mid-term but it will not be sufficient to support installation demand after 2020, Michael Guldbrandtsen, senior consultant at MAKE Consulting, told Wind Energy Update. The next 2-3 years will continue to be dominated by orders for jack-up installation ...
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Wind turbine technology leaps set to slice maintenance costs
Self-diagnosing turbines, real-time output maximization and “crane less” maintenance will soon impact wind operations, cutting labour costs and increasing generation revenue, Denver Bane, Onshore Wind Services Strategy Leader at GE Renewable Energy, told the Wind Operations Dallas 2019 conference. Intense competition in the wind market is spurring turbine developers to find new ...
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Turbine suppliers invest in multi-brand services as competition mounts
Wind turbine suppliers are investing in supply chain solutions and combining new technologies with data advantages to win service contracts for third-party turbines, leading suppliers told the Wind Operations Dallas 2019 conference. As intense price competition squeezes margins, turbine suppliers are targeting a greater share of the growing operations and maintenance (O&M) market. ...
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US wind turbine suppliers predict extended repowering wave
Turbine and tower advancements could sustain repowering activity into the next decade, outweighing the impact of falling tax credits, leading suppliers told New Energy Update. U.S. demand for wind repowering is surging as operators rush to maximize asset returns amid dwindling production tax credits (PTCs). Leading U.S. turbine supplier GE Renewable Energy has repowered 4 GW of U.S. wind ...
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