Interval forecasting of solar power generation

Solar energy is one of the most promising renewable energy sources for electricity generation due to its long lifespan and low maintenance fee. The implementation of solar energy generation capable of reducing the carbon emission from energy generation sector. Moreover, global solar generation...

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Main Author: Leong, Jia Hao
Other Authors: Xu Yan
Format: Final Year Project
Language:English
Published: Nanyang Technological University 2021
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Online Access:https://hdl.handle.net/10356/149501
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.10356-1495012023-07-07T18:18:16Z Interval forecasting of solar power generation Leong, Jia Hao Xu Yan School of Electrical and Electronic Engineering xuyan@ntu.edu.sg Engineering::Electrical and electronic engineering Solar energy is one of the most promising renewable energy sources for electricity generation due to its long lifespan and low maintenance fee. The implementation of solar energy generation capable of reducing the carbon emission from energy generation sector. Moreover, global solar generation capacity has increased by 24% from 2018 to 2019 and the capacity will definitely increase when solar panel with higher efficiency and lower carbon footprint being invented. However, large scale of intermittent and variable solar power generation will considerably impact to the power grid system. In general, solar forecasting method can be divided into physical method (Numerical Weather Prediction (NWP) based), statistical method (Machine Learning) and hybrid method. Physical approach will always have its major drawback when forecasting short-term PV power due to time consuming on NWP stimulation. Statistical forecast based on historical data are popular recently due to its simplicity and adaptability. Thus , in this project, statistical method, especially machine learning-based PV forecasting methods will be the main focus. Moreover, traditional deterministic forecasting method only provide expectation value of PV power, which can lead to inevitable error and deteriorate the reliability of future PV power prediction-based energy management system. In this project, original point forecasting method such as deep neural network (DNN), ensemble DNN and long short-term memory (LSTM) are extended to probabilistic forecasting to achieve uncertainty measurement on the forecasted results. Gaussian Process (GP) will also be studied in this project for its similar characteristic. Numerical experiments are carried out based on irradiance data collected in Singapore and power data collected in Australia. Method such as Prediction Interval Coverage Probability (PICP), Prediction Interval Nominal Confidence (PINC) and Interval Score (IS) will be used to evaluate the results from different machine learning model. Results show LSTM model out-perform DNN model and GP model in both point and probabilistic forecasting on large datasets. GP results can still be taken account since it required less data compared to other 2 model Bachelor of Engineering (Electrical and Electronic Engineering) 2021-06-01T13:27:32Z 2021-06-01T13:27:32Z 2021 Final Year Project (FYP) Leong, J. H. (2021). Interval forecasting of solar power generation. Final Year Project (FYP), Nanyang Technological University, Singapore. https://hdl.handle.net/10356/149501 https://hdl.handle.net/10356/149501 en application/pdf Nanyang Technological University
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic Engineering::Electrical and electronic engineering
spellingShingle Engineering::Electrical and electronic engineering
Leong, Jia Hao
Interval forecasting of solar power generation
description Solar energy is one of the most promising renewable energy sources for electricity generation due to its long lifespan and low maintenance fee. The implementation of solar energy generation capable of reducing the carbon emission from energy generation sector. Moreover, global solar generation capacity has increased by 24% from 2018 to 2019 and the capacity will definitely increase when solar panel with higher efficiency and lower carbon footprint being invented. However, large scale of intermittent and variable solar power generation will considerably impact to the power grid system. In general, solar forecasting method can be divided into physical method (Numerical Weather Prediction (NWP) based), statistical method (Machine Learning) and hybrid method. Physical approach will always have its major drawback when forecasting short-term PV power due to time consuming on NWP stimulation. Statistical forecast based on historical data are popular recently due to its simplicity and adaptability. Thus , in this project, statistical method, especially machine learning-based PV forecasting methods will be the main focus. Moreover, traditional deterministic forecasting method only provide expectation value of PV power, which can lead to inevitable error and deteriorate the reliability of future PV power prediction-based energy management system. In this project, original point forecasting method such as deep neural network (DNN), ensemble DNN and long short-term memory (LSTM) are extended to probabilistic forecasting to achieve uncertainty measurement on the forecasted results. Gaussian Process (GP) will also be studied in this project for its similar characteristic. Numerical experiments are carried out based on irradiance data collected in Singapore and power data collected in Australia. Method such as Prediction Interval Coverage Probability (PICP), Prediction Interval Nominal Confidence (PINC) and Interval Score (IS) will be used to evaluate the results from different machine learning model. Results show LSTM model out-perform DNN model and GP model in both point and probabilistic forecasting on large datasets. GP results can still be taken account since it required less data compared to other 2 model
author2 Xu Yan
author_facet Xu Yan
Leong, Jia Hao
format Final Year Project
author Leong, Jia Hao
author_sort Leong, Jia Hao
title Interval forecasting of solar power generation
title_short Interval forecasting of solar power generation
title_full Interval forecasting of solar power generation
title_fullStr Interval forecasting of solar power generation
title_full_unstemmed Interval forecasting of solar power generation
title_sort interval forecasting of solar power generation
publisher Nanyang Technological University
publishDate 2021
url https://hdl.handle.net/10356/149501
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