Search
Close this search box.

We are creating some awesome events for you. Kindly bear with us.

AI Tech to Enhance Solar Forecasting Methods

Monash University’s Grid Innovation Hub, an engineering services company and a renewable energy firm have announced a collaboration that will use machine learning technology to accurately predict wind and solar power to securely integrate them into the national electricity grid.

The Australian Renewable Energy Agency (ARENA)-funded project aims to provide wind and solar power generators with more accurate five-minute ahead self-forecasting tools.

By improving the accuracy of five-minute ahead forecasts required by the national electricity market, the generation forecasting solutions developed by the Worley and Monash team can enable a more secure and reliable grid. This is made possible through better forecasts to reduce the frequency of poor dispatch, thereby supporting a higher share of renewables in the market without compromising on overall grid stability.

The development of the machine learning forecasting methodology was led by Dr Christoph Bergmeir from Monash University, in collaboration with the Monash Business School’s Department of Econometrics and Business Statistics and was initiated by the Monash Energy Institute’s Grid Innovation Hub.

It was noted that predicting short-term renewable energy generation is not an easy task. Renewable energy cannot be produced on demand, as it is bound to natural resources such as the wind and sun. Therefore, to achieve a stable network and enough power generation, we need a reliable short-term prediction method.

Introducing machine learning methodologies in the short-term forecasting process will enable researchers to apply algorithms that are trained on historical time series data, resulting in the accurate forecasting of wind and solar energy. The key benefits of the project include increased renewable energy penetration in the grid due to improved dispatchability of renewable generation, and reduction in Frequency Control Ancillary Services (FCAS) payments by generators resulting from the failure to meet forecast targets.

The Global Vice President (Data Science Customer Solutions) at the engineering services company noted that the forecasting solution provides immediate value to existing renewables customers as they target lower FCAS charges.

The launch of PowerPredict will also help renewable generators in Australia benefit from the project’s power forecasting technology. The research and development of these models are expected to add to the overall body of knowledge around the application of machine learning and other AI technologies to wind and solar forecasting.

Natural variations in weather make it difficult for renewable generators to accurately forecast their short-term power generation levels and this impacts grid stability. In 2020 alone, inaccurate power predictions cost Australian generators AU$210 million, so using machine learning algorithms to see five minutes into the future is incredibly valuable. The company’s forecasting algorithms achieved a 45% improvement in our customers’ power output predictions.

The forecasting models developed are based on machine learning algorithms drawing on internal supervisory control and data acquisition (SCADA) data feeds from the generators as inputs to the model. The 130.8 MW Waterloo Wind Farm (WWF) in South Australia and the 11 MW Ross River Solar Farm (RRSF) in Queensland, were chosen for the study. The overall project had a total budget of close to $1 million and demonstrated that improvements can be made to forecasting accuracy for both wind and solar generators by utilising and enhancing best-practice machine learning techniques. These forecasting models can be applied to all energy farms in Australia; however, more research is needed on the solar side.

The technology has the potential to lower energy prices across the board, and potentially open up avenues for hydro and other forms of clean energy.

If renewable generators can lower their causer pays factors, they can produce electricity cheaper, and eventually, that saving could be passed on to the customers. It would also make renewables more competitive, which is also a desirable outcome.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.