Technology trends in forecasting renewable energy generation

Renewable energy forecasting is critical for integrating variable renewa­b­le energy resources like wind and so­lar power into the grid. Wind and solar power are heavily dependent on weather conditions, and thus their energy generation pa­tt­erns are quite erratic. This creates problems not only for grid operators who must account for these frequent fluctuations in their load management schedul­es, but also for power generators who ha­ve to pay hefty charges for deviation from scheduled energy generation.

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