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Wind Power Forecasting Competition - Win!

19/5/2017

1 Comment

 
Ciaran Gilbert and I have won an international wind power forecasting competition run by TU Dresden in conjunction with the 14th European Energy Market Conference. The competition required us to forecast the total generation for a portfolio of wind farms from 2 to 38 hours-ahead every day for two weeks. Our method, which was based on regime-switching autoregression, produced forecasts with an error score 4.5% lower than the second place finishers. Ciaran will be attending the EEM conference in Dresden in June to receive a cash prize and present the approach, which is detailed in this paper and available in open-source software (R code).
 
Energy forecasting is a vital component of modern power system and electricity market operation, and improving the production and use of forecasts is becoming increasingly important as the penetration of weather-dependent renewable generation increases. Improved forecasting will help keep consumer energy bills down by reducing the amount of reserve power required to manage fluctuations in generation and demand. Strathclyde has a strong and growing capability in energy forecasting with active projects in wind, solar and electricity demand forecasting, and engagement from leading utilities including National Grid, SSE and Iberdrola.
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1 Comment
Parikshit
31/1/2018 06:26:30

Hi there,

Congratulations on your win. I am a researcher in the same space and I am looking for the competition data. Unfortunately the dataset is not available anymore on the competition website. Could you please share the dataset with me.

Looking forward to a positive response.

Thanks.

Reply



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