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Adaptive and Predictive Energy Management Strategy for Real-time Optim by Ghulam Mohy-ud-din, Kashem M Muttaqi et al

Abstract Virtual power plants (VPPs) have become a driving force for the decentralized energy industry, due to their efficient management and control of distributed energy resources. Most of the operation strategies for VPPs are designed based on the day-ahead forecasts. However, the prediction errors of the renewable energy sources (RES) and loads in the power dispatch schedule can lead to a sub-optimal operation. In this paper, an adaptive and predictive energy management strategy for a real-time optimal operation of VPPs is proposed based on the model predictive control technique with a feedback correction (FC) to compensate for the prediction error. This strategy has two parts: a) receding-horizon optimization (RHO), and b) FC. In the first part, a hybrid prediction algorithm based on the integration of the time series model and the Kalman filter is used to forecast the output powers of RES and the loads. Based on the prediction, the RHO model schedules the operation following t

Transmission should be generators business, if only market bodies allowed it

13 April 2021 Australia must rapidly decarbonisation while delivering affordable, reliable power. Renewable Energy Zones (REZ) will be important in doing this. A REZ is a cluster of generators sharing transmission infrastructure to provide a lower-cost and faster way of delivering new, renewable generation into the system. Despite their obvious benefits, REZs haven’t yet been delivered. A key reason is rules and regulations – collectively, a relic of last century’s energy grid – that don’t support building transmission infrastructure ahead of new generation and don’t require generators to cover some of the cost of the regulated transmission infrastructure they need.

Bidgely Named a Leader in the Home Energy Management Market by Guidehouse Insights

41 views Business Wire Company recognized for superior strategy and execution in transforming consumer data into household insights through artificial intelligence MOUNTAIN VIEW, Calif. (BUSINESS WIRE) A new Guidehouse Insights report has recognized Bidgely as a “Leader” in the home energy management (HEM) space for its success in delivering personalized energy insights, which support utilities in improving energy efficiency and reducing environmental impact among homeowners. The report, Guidehouse Insights Leaderboard: Home Energy Management Providers, examined the strategy and execution of 15 HEM solutions providers, with only three ranking within the “Leader” category, including Bidgely, the only independent company listed. Bidgely is specifically noted for the impressive accuracy of its personalized AMI-based solution as well as its extended artificial intelligence (AI)-powered enterprise analytics services.

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