Refine by
Wind Speed Forecasting Articles & Analysis
48 news found
NRG Energy Inc. this week announced it is partnering with Renew Home, a leading virtual power plant (VPP) company to boost its residential VPP capabilities. Together, NRG and Renew Home aim to distribute hundreds of thousands of VPP-enabled smart thermostats by 2035 and create a nearly 1 GW AI-powered VPP - enabled by Google Cloud technology - to improve the Texas grid's resiliency and help ...
Transmission line ratings represent the maximum transfer capability of each transmission line and can change based on weather conditions.Weather conditions that cool transmission lines can increase a transmission line’s transfer capability; weather conditions that heat transmission lines can reduce transfer capability.Solar conditions, including solar heating and cloud cover, and ...
Wind speed is a key parameter in estimating wind energy potentials in a location. But predicting wind speed is a difficult task. That presents a challenge for utilities that need to rely on reliable estimates to power their grids. Several models already predict wind speed with ...
AUSTIN, Texas. Enverus, the most trusted energy-dedicated SaaS company, announced today it has acquired CRCL Solutions, a provider of cloud-based algorithms and modeling for wind and solar generation forecasts. CRCL Solutions provides a wide range of advanced forecasting data to help power traders make informed decisions and reduce trading risk. "CRCL Solutions is a key to unlocking part of ...
ByEnverus
The biggest offshore wind ‘living lab’ in the world will be created off the UK's Grimsby coast through the development of a 5G Testbed that includes Grimsby Port and the Lynn and Inner Dowsing wind farm. The £2.8m project will accelerate the development of a new generation of digital technologies essential for the huge expansion of offshore wind generation required to meet climate targets. It is ...
As part of the EuropeWave Programme, Bombora Wave Power (Bombora) has successfully completed tank testing of a floating foundation system suitable for the InSPIRE solution, where mWave technology is combined with a wind turbine onto a single floating offshore platform. An adapted version of the semi-submersible INSPIRE platform, developed in partnership with TechnipFMC, underwent tank testing ...
Despite rising costs for key materials used to make solar panels and wind turbines, additions of new renewable power capacity this year are forecast to rise to 290 gigawatts in 2021, surpassing the previous all-time high set last year, according to the latest edition of the IEA's annual Renewables Market Report. ...
After experiencing its biggest decline in decades, global electricity demand is expected to rebound modestly next year, led by growth in China, India and other emerging economies, according to a new report by the International Energy Agency. The historic shock of the Covid-19 crisis is set to result in a 2% decline in global electricity demand in 2020, according to the IEA's first ever ...
Wind power will continue to show record growth over the next five years despite the impacts of the COVID-19 crisis, and will make a crucial contribution to economic recovery. According to the latest market outlook published by GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19, which is only a 6 per cent decrease from ...
Vietnam is the fastest-growing wind energy market in South East Asia, with 500 MW of onshore and offshore installed capacity, and an additional 4 GW due to be connected by 2025. The Wind industry is expected to bring 65,000 jobs and around US$4 billion of investment into Vietnam by 2025, which will reduce the country’s dependence on imported fossil fuels and improve its energy economy. ...
Did you know that it is possible to improve power forecast deviations up to 5% just by combining energy forecast systems with energy monitoring systems? Energy Studio Pro® open, flexible and secure platform and SMARTWATT’s intelligent forecasting provide the best A.I. tools to optimize your portfolio. BaxEnergy and SMARTWATT have joined forces to provide the first integrated solution ...
On World Ocean Day, the Ocean Renewable Energy Action Coalition (OREAC) has announced its vision for 1,400 GW of offshore wind globally by 2050 to drive decarbonization and a green economic recovery from the COVID-19 crisis. This ambition goes beyond current offshore wind forecasts, but is entirely achievable considering the resource potential, technology innovation, and government appetite to ...
US Midwest solar prices fall 4% in Q4 2019 while wind prices firm U.S. solar power purchase agreement (PPA) prices fell by 0.9% in Q4 2019 to an average $27.40/MWh, driven by a sharp fall in prices in the Midwest MISO market area, market platform provider LevelTen said in its latest quarterly PPA price index. Over the whole year, solar PPA prices fell by 4.7% while wind prices rose by 6.6%, it ...
US wind installs to smash records as Texas activity soars The U.S. is forecast to install 18.5 GW of new wind capacity and 13.5 GW of PV capacity in 2020, together accounting for 76% of total new capacity additions, according to the U.S. Energy Information Administration's (EIA) latest inventory of power generation projects. New wind additions in 2020 will smash the record level of 13.2 GW set ...
Free electricity trade market requires wind power producers to forecast day-ahead power generation. Mismatch between forecasted and real generation becomes direct losses for the wind power plant owner. ...
South Africa's proposed renewables plan overestimates coal-fired capacity in the coming years and the wind industry must prepare cost-competitive projects for potential procurement announcements, wind developers told the Africa New Energy 2018 conference. In August, South Africa published its draft 2018 Integrated Resource Plan (IRP), calling for 8.1 GW of new wind capacity and 5.7 GW of new ...
Floating wind developers are cutting design weight, maximizing onshore build capability and gaining lender support, but the jump to commercial arrays will require state-level measures, industry experts said. On October 5, Shell, Innogy and Stiesdal Offshore Technologies (SOT) signed a cooperation agreement to build a demonstration floating wind project using SOT’s modular ...
US import tariffs could raise wind costs by 10% U.S. tariffs on steel and Chinese imports could raise wind power costs by up to 10%, Tom Kiernan, CEO of the American Wind Energy Association (AWEA), said at a conference in New York on October 2, Bloomberg reported. The projections were supported by executives from leading turbine manufacturers Vestas, General Electric and Siemens Gamesa, the ...
The latest annual report from The International Energy Agency (IEA) on renewables reportedly forecasts that about 1.3 terawatts of extra clean energy would be installed across the globe by 2023. The agency predicted the global renewable energy capacity to grow by one terawatt in its most conservative central forecast, which will be driven by a surge in solar installations and increasing ...
CSP could be economically viable without subsidies in markets with over 50% variable renewable energy penetration and wind curtailment needs could create the greatest opportunities, a study by Chinese and U.S. researchers has found. CSP developers predict rising wind and solar capacity will open up new opportunities to provide flexible power generation and overnight supply. Wind and solar ...