What is it about?
We introduced a new perspective on renewable energy planning, operation, sizing, and siting by looking at 'predictability' as a measurable factor in a given time series. We showed how investors' and policymakers' decisions could be altered when 'predictability' is considered.
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Why is it important?
When 'predictability' is ignored, we only have a half picture of the problem (for instance, battery sizing for wind/PV farms operation or finding the best location for the next wind/PV project). This will lead to at least sub-optimal solutions and could result in huge financial losses for the decision-makers.
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This page is a summary of: Quantifying the predictability of renewable energy data for improving power systems decision-making, Patterns, April 2023, Elsevier,
DOI: 10.1016/j.patter.2023.100708.
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