Real-time optimal participation of wind power in an electricity market

Author(s):  
Ting Dai ◽  
Liyan Qu
Author(s):  
Sumit Saroha ◽  
Sanjeev K. Aggarwal

Objective: The estimation accuracy of wind power is an important subject of concern for reliable grid operations and taking part in open access. So, with an objective to improve the wind power forecasting accuracy. Methods: This article presents Wavelet Transform (WT) based General Regression Neural Network (GRNN) with statistical time series input selection technique. Results: The results of the proposed model are compared with four different models namely naïve benchmark model, feed forward neural networks, recurrent neural networks and GRNN on the basis of Mean Absolute Error (MAE) and Mean Absolute Percentage Error (MAPE) performance metric. Conclusion: The historical data used by the presented models has been collected from the Ontario Electricity Market for the year 2011 to 2015 and tested for a long time period of more than two years (28 months) from November 2012 to February 2015 with one month estimation moving window.


2021 ◽  
pp. 0309524X2199826
Author(s):  
Guowei Cai ◽  
Yuqing Yang ◽  
Chao Pan ◽  
Dian Wang ◽  
Fengjiao Yu ◽  
...  

Multi-step real-time prediction based on the spatial correlation of wind speed is a research hotspot for large-scale wind power grid integration, and this paper proposes a multi-location multi-step wind speed combination prediction method based on the spatial correlation of wind speed. The correlation coefficients were determined by gray relational analysis for each turbine in the wind farm. Based on this, timing-control spatial association optimization is used for optimization and scheduling, obtaining spatial information on the typical turbine and its neighborhood information. This spatial information is reconstructed to improve the efficiency of spatial feature extraction. The reconstructed spatio-temporal information is input into a convolutional neural network with memory cells. Spatial feature extraction and multi-step real-time prediction are carried out, avoiding the problem of missing information affecting prediction accuracy. The method is innovative in terms of both efficiency and accuracy, and the prediction accuracy and generalization ability of the proposed method is verified by predicting wind speed and wind power for different wind farms.


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