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Successful AI Implementations in Renewable Energy Forecasting

Baua Electric

As nations across the globe ramp up their commitments to combat climate change, renewable energy has moved from the periphery to the center of the world’s energy strategy. Solar, wind, hydro, and other renewable sources are rapidly replacing fossil fuels. Why Accurate Forecasting Matters Energy grids require balance.

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Pike Forecasts Grid Stationary Energy Storage Market to Reach $35B by 2020; Significant Opportunity for CAES, Li-ion and Flow Batteries

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Demand is being driven by several key trends including the proliferation of renewable energy from variable sources such as wind and solar, the expansion of utility smart grid initiatives, and the introduction of plug-in hybrid and electric vehicles, Pike says. Energy storage on the grid addresses several pressing market needs.

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Study finds GWP of electrolyzed hydrogen to meet ORD’s fuel needs would be 2.5x that of fossil fuels with 2020 grid mix

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The impacts of the various grid scenarios on quantitative life cycle environmental impact, land required, and water use are considered for future market scenarios under the context of the forecast energy requirements for aircraft operations at Chicago O’Hare International Airport.

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IBM Research launches 10y project to support China in transforming national energy systems; “Green Horizon”

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Dubbed “Green Horizon”, the initiative sets out to surpass current global practices in three areas critical to China’s sustainable growth: air quality management; renewable energy forecasting; and energy optimization for industry. Renewable energy forecasting. Click to enlarge.

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DOE awarding up to $30M to 13 projects to integrate solar into US grid

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The US Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy (EERE) SunShot Initiative will award up to $30 million to 13 new projects to support the integration of solar energy into US electric grid, while diversifying the nation’s electricity sources and improving the reliability and security of the electric grid.

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IBM, Honda, and PG&E partner on smarter charging for EVs; utilities to communicate charging instructions directly based on grid conditions

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This smart charging capability will enable energy providers to manage the power used by EVs during peak times by instructing vehicles to delay or adjust charging if required. Additionally, the IBM EV platform can collate historical EV charging data and create a profile that can be used to forecast the location and duration of EV charge loads.

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131. ELECTRIFYING EVERYTHING IN THE 2020s

Qnovo

Electric utilities will implement more energy storage projects on their grids — partly driven by regulations as well as the proliferation of clean-energy grids with distributed wind and solar generation. Backup batteries used in conjunction with solar power will be even more different.