Wind Power Modeling News
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New Research: Improved Wind Speed Forecasts Can Help Urban Power Generation
Wind-generated electricity will play a vital role in global energy capacity as humanity pivots away from fossil fuels towards renewables. 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 ...
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Enverus comes full CRCL in latest power and renewables acquisition
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 ...
By Enverus
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CEC Adopts Historic California Offshore Wind Goals, Enough to Power Upwards of 25 Million Homes
The California Energy Commission (CEC) recently (Aug 10) adopted a report establishing offshore wind goals and moving the state one step closer to development of the clean energy resource off California's coast. Preliminary findings in the report set planning goals of 2,000-5,000 megawatts of offshore wind by 2030 and 25,000 MW by 2045, enough electricity to power 3.75 million initially and 25 ...
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New Data Indicates California Remains Ahead of Clean Electricity Goals
Data from the California Energy Commission (CEC) shows that 59 percent of the state's electricity came from renewable and zero-carbon sources in 2020. The CEC estimates that in 2020, 34.5 percent of the state's retail electricity sales were served by Renewables Portfolio Standard (RPS)-eligible sources such as solar and wind. When sources of zero-carbon energy such as large hydroelectric ...
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CPUC Approves Long-Term Plans To Meet Electricity Reliability And Climate Goals
The California Public Utilities Commission this week (Feb 10) approved plans to ensure long-term sufficient electricity resource investments, including transmission, for the safe and reliable delivery of electricity and the reduction of greenhouse gas emissions. The CPUC, per Senate Bill 350 (De León, 2015), developed an integrated resource planning process to ensure that California's electric ...
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New IEA Report: Renewables Generation to Set New Records in 2021
The growth of the world's capacity to generate electricity from solar panels, wind turbines and other renewable technologies is on course to accelerate over the coming years, with 2021 expected to set a fresh all-time record for new installations, the IEA says in a new report. Despite rising costs for key materials used to make solar panels and wind turbines, additions of new renewable power ...
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Global Electricity Demand to Rebound Modestly in 2021 After Historic Shock From Pandemic
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 ...
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GWEC: Proposed Feed-in-Tariff reduction could “seriously damage” growth of wind power in Vietnam
New proposed Feed-in-Tariff (FIT) extension by Vietnamese government would reduce tariffs for onshore and intertidal wind power by 17.4 per cent and 13.6 per cent respectively, one of the most dramatic reductions seen for wind power globally. According to the Global Wind Energy Council (GWEC), this FIT reduction threatens to deter investment and derail the long-term growth of wind power in ...
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GWEC to launch GWEC India to help develop India’s vast wind power potential and support green recovery
The Global Wind Energy Council (GWEC) will establish GWEC India and designate Sumant Sinha, Chairman and MD of ReNew Power as the organisation’s first Chairperson. GWEC India will work closely with government stakeholders, companies and adjacent technologies to accelerate the momentum around wind power development in India and support the country in achieving its ambitious renewable ...
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GWEC: Wind power industry to install 71.3 GW in 2020, showing resilience during COVID-19 crisis
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 ...
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GWEC calls on Vietnamese government to extend wind tariff and maintain regional leadership in clean energy investment
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. ...
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How much is renewable power forecast worth?
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 ...
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OREAC: 1,400 GW of Offshore Wind Is Possible by 2050, and Will Be Key for Green Recovery
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 ...
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US to install record 19 GW wind in 2020; Siemens Gamesa picked for largest US offshore project
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 ...
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Offshore wind to become a $1 trillion industry
Offshore wind power will expand impressively over the next two decades, boosting efforts to decarbonise energy systems and reduce air pollution as it becomes a growing part of electricity supply, according to an International Energy Agency report published today. Offshore Wind Outlook 2019 is the most comprehensive global study on the subject to date, combining the latest technology and market ...
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Wind Power Forecasting with EA-PSM SAS
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. However, due to intermittent nature of the wind, simple forecasting models usually are not good enough to reach satisfactory results. Automatic and self-learning algorithms are needed to ensure ...
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South Africa wind developers eye fresh bids to meet short-term deficit
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 ...
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Floating wind developers focus on lean multiples as competition mounts
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 ...
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Global installed clean energy capacity to exceed 1T watts by 2023
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 ...
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GE launches 5.3 MW onshore wind turbine; Floating wind study calls for `urgent` port spending
GE launches 5.3 MW onshore wind turbine with efficiency, logistics gains GE Renewable Energy is to release a new 5.3 MW onshore wind turbine which includes improvements in energy output, installation, and maintenance efficiency compared with earlier models, the company announced September 24. Larger, higher efficiency turbines and growing installation experience have dramatically reduced wind ...
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