The Australian Renewable Energy Agency is providing 11 projects with AUD9.41m ($6.7m) of funding to test short-term forecasting at large solar and wind farms throughout the country. The financing is intended to lead to the development of further capability while also supplying useful information about delivering forecasts on a five-minute basis. If these supply forecasts are wrong or generators can’t meet their targets, they can result in power system instability and higher operating costs. The projects will also examine how technology and other circumstances influence the reliability of forecasts in varying weather and operational conditions and environments. “Solar PV has been growing rapidly over recent years, but it remains an expensive source of electricity for many Australians,” said Dr David King, Director General of the AEA.
The Australian Renewable Energy Agency is providing 11 projects with AUD9.41m ($6.7m) of funding to test short-term forecasting at large solar and wind farms throughout the country. The financing is intended to lead to the development of further capability while also supplying useful information about delivering forecasts on a five-minute basis. The projects will also examine how technology and other circumstances influence the reliability of forecasts in varying weather and operational conditions and environments. “Solar PV has been growing rapidly over recent years, but it remains an expensive source of electricity for many Australians,” said Dr David King, Director General of the AEA.