Efficient forecasting and flexibility
Renewable power generation forecasting is a crucial factor in today’s and future stability of the power system. With the deployment of energy storage solutions, it will come to play an increasingly important role.
What makes efficient renewable power generation forecasting so important?
- The growing share of renewable energy sources in the generation mix,
- The subsequently increased demand for balancing energy,
- Aggregators, i.e. new players in the market pooling supply- and demand-side flexibility.