Recent Trends in Variable Generation Forecasting and Its Value to the Power System

The rapid deployment of wind and solar energy generation systems has resulted in a need to better understand, predict, and manage variable generation. The uncertainty around wind and solar power forecasts is still viewed by the power industry as being quite high, and many barriers to forecast adoption by power system operators still remain. In response, the U.S. Department of Energy has sponsored, in partnership with the National Oceanic and Atmospheric Administration, public, private, and academic organizations, two projects to advance wind and solar power forecasts. Additionally, several utilities and grid operators have recognized the value of adopting variable generation forecasting and have taken great strides to enhance their usage of forecasting. In parallel, power system markets and operations are evolving to integrate greater amounts of variable generation. This paper will discuss the recent trends in wind and solar power forecasting technologies in the U.S., the role of forecasting in an evolving power system framework, and the benefits to intended forecast users.

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