Picture of virus

Open Access research that helps to deliver "better medicines"...

Strathprints makes available scholarly Open Access content by the Strathclyde Institute of Pharmacy and Biomedical Sciences (SIPBS), a major research centre in Scotland and amongst the UK's top schools of pharmacy.

Research at SIPBS includes the "New medicines", "Better medicines" and "Better use of medicines" research groups. Together their research explores multidisciplinary approaches to improve understanding of fundamental bioscience and identify novel therapeutic targets with the aim of developing therapeutic interventions, investigation of the development and manufacture of drug substances and products, and harnessing Scotland's rich health informatics datasets to inform stratified medicine approaches and investigate the impact of public health interventions.

Explore Open Access research by SIPBS. Or explore all of Strathclyde's Open Access research...

Towards improved understanding of the applicability of uncertainty forecasts in the electric power industry

Bessa, Ricardo J. and Möhrlen, Corrina and Fundel, Vanessa and Siefert, Malte and Browell, Jethro and El Gaidi, Sebastian Haglund and Hodge, Bri-Mathias and Cali, Umit and Kariniotakis, George (2017) Towards improved understanding of the applicability of uncertainty forecasts in the electric power industry. Energies, 10 (9). ISSN 1996-1073

[img]
Preview
Text (Bessa-etal-Energies2017-Towards-improved-understanding-of-the-applicability-of-uncertainty-forecasts)
Bessa_etal_Energies2017_Towards_improved_understanding_of_the_applicability_of_uncertainty_forecasts.pdf
Final Published Version
License: Creative Commons Attribution 4.0 logo

Download (605kB) | Preview

Abstract

Around the world wind energy is starting to become a major energy provider in electricity markets, as well as participating in ancillary services markets to help maintain grid stability. The reliability of system operations and smooth integration of wind energy into electricity markets has been strongly supported by years of improvement in weather and wind power forecasting systems. Deterministic forecasts are still predominant in utility practice although truly optimal decisions and risk hedging are only possible with the adoption of uncertainty forecasts. One of the main barriers for the industrial adoption of uncertainty forecasts is the lack of understanding of the information content and standardization of products, which frequently leads to mistrust towards uncertainty forecasts. This paper aims at improving this understanding by establishing a common terminology and reviewing the methods to determine, estimate, and communicate the uncertainty in weather and wind power forecasts. This conceptual analysis of the state of the art highlights that: i) end-users should start to look at the forecast's properties in order to map different uncertainty representations to specific wind energy-related user requirements; ii) a multidisciplinary team is required to foster the integration of stochastic methods in the industry sector. A set of recommendations for standardization and improved training of operators are provided along with examples of best practices.