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Analytics-based wind power forecasting

Analytics-based forecasting helps utilities combine the forecasts they use in a smarter way, drawing on operational and information technology data to generate more accurate final forecasts, as well as better insight into related data.
 

Analytics-based wind power forecasting

Analytics-based forecasting helps utilities combine the forecasts they use in a smarter way, drawing on operational and information technology data to generate more accurate final forecasts, as well as better insight into related data.
 

The power of analytics-based forecasting

Transmission system operators, distribution system operators, generation companies and trading houses all need to be able to forecast wind as accurately as possible, in order to make better decisions about how they best exploit this source of energy.

A number of forecasting tools are available on the market. For example, OMNETRIC has experience implementing Siemens Spectrum Power Short Term Wind Power Forecast: a state-of-the-art forecasting solution based on an algorithm first developed and deployed by Spain’s REE. However, many actors in the wind power value chain use more than one solution.

 

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