Grid operator ERCOT plans to roll-out intra-hour forecasting based on improved modelling while new research predicts a shift towards probabilistic forecasts could generate further gains, industry experts told New Energy Update.
Supply chain and services innovations are set to slash operational expenditure (opex) with the greatest impact expected in projects in deeper waters further offshore, industry experts told New Energy Update.
E.ON has used falling battery prices and supply chain learnings to lower the cost of its Texas Waves projects as market-driven applications spur storage sector growth, Mark Frigo, E.ON Vice President, Head of Energy Storage, North America, told New Energy Update.
MidAmerican Energy Company is combining analytics systems with new weather and grid forecasting tools to increase the value of its growing wind portfolio in the competitive power markets, project partners said during a New Energy Update webinar on September 27.
Growing wholesale market exposure and rising flexibility requirements have led some wind operators to develop profit-sharing operations and maintenance (O&M) arrangements which maximize market revenues.
Cost-effective transformer, cabling and system isolation solutions must be developed to accommodate rising wind turbine capacities and minimize plant downtimes, industry executives told New Energy Update.
Coordinated turbine yaw adjustments based on advanced data analytics could increase annual energy production by several percentage points, initial findings from a joint government-industry research project show.