Forecasting, Monitoring and KI – Swarm Intelligence for the Energy Transition at EM-Power Europe
The energy transition does not just change the energy generation technologies we use, but also requires the power grids to be updated. Today, instead of a dozen large-scale power plants, an enormous swarm of power plants all feed into our grid: Several thousand wind farms and over 2.6 million PV systems have been installed in Germany alone – and there is a steep upward trend. This makes our power generation weather dependent: On windless or cloudy days, the energy supply may not match the demand, leading to bottlenecks – or worse – blackouts. To keep the grid frequency at a stable 50.2 hertz, grid operators need yield forecasts. Artificial intelligence (AI) helps process this highly complex information and integrate it into the energy system.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230601005572/en/
EM-Power Europe Exhibition (Photo: Solar Promotion GmbH)
With millions of solar installations, wallboxes and heat pumps, home storage systems and car batteries that will someday be able to feed electricity back into the grid, today’s utility grid system is already so complex that utilities and grid operators would be lost without their digitalized systems. The more they know about when, where and how much electricity is being produced, fed into the grid and demanded by consumers, the more precisely can they match their supply to the demand. This also makes it more profitable, as making up for shortages is expensive. When generation does not cover consumption within a balancing group, grid operators are forced to pay balancing costs. The more accurate the weather and yield forecasts for wind and solar power plants, the more successful the companies will be. Individuals who want to optimize their self-consumption using batteries or controllable consumers like e-cars or heat pumps also require forecasts to determine what the electricity should be used for. The same goes for the energy management of buildings.
Weather forecast for the energy industry
At EM-Power Europe, the international exhibition for energy management and integrated energy solutions, companies from all around the world present their digitalization concepts as well as innovative technologies and services for the optimized grid of the future. “Machine learning and AI play a crucial role in the irradiation forecast,” Jan Remund, Head of the Department for Energy and Climate at Meteotest AG, a Swiss weather forecast provider, explains. The company is able to predict cloud movements by combining physical models with self-learning algorithms based on satellite images. “The accuracy for the next few hours is quite high. The longer the time span, the less accurate the forecasts are,” says Remund. His company collects irradiation and temperature data and uses it to make analyses, profiles and forecasts that can be integrated into the respective PV monitoring or control software. Companies can use the weather forecasts as a basis for calculating solar irradiation using dedicated software, or they can buy such calculations. Grid operators rely on irradiation forecasts to balance the grid’s feed-in and feed-out based on the production and demand forecasts.
Meteocontrol, a monitoring and forecast specialist company from the South of Germany makes yield calculations based on the data of different weather forecast providers. The company also investigates how aerosols like ash or sand affect cloud formation. “On March 3 and 4, 2021, our research project “PermaStrom” exemplified how important this issue is,” says Stijn Stevens, CEO of meteocontrol. “There was a lot of Saharan dust in Europe on those two days. Thanks to optimized forecasts, about three million euros were saved in balancing energy costs in Germany alone.
The integration of smart applications and AI into the utility grid system creates digital swarm intelligence. By combining the power generation and consumption forecasts with the capacity of conventional power plants, grid operators can predict when and where the grids and transformers will reach their maximum capacity. This allows them to take the necessary precautions.
Prosumers: underestimated key players
Prosumers will play a vital role in the energy systems of the future: For instance, private individuals and households can feed excess electricity from their e-cars into the grid, contributing significantly to its stability. The company Hive Power already offers software for the intermittent feedback of electricity from car batteries into the grid, called Vehicle-to-Grid. Artificial intelligence helps here, too: The software learns when vehicles are in use and when they are not, allowing it to feed electricity into the grid when there is excess capacity. Prosumers could earn up to 1,000 euros per year in this way.
Smart technology for buildings
Weather and yield forecasts are also crucial for the energy management of buildings. Heat pumps can charge the heating storage device when the sun is shining, and feed the energy into the heating circuit in the evening. With the right software, heat pumps can apply the yield forecasts provided by the energy management system to their operating schedules. This prevents heat pumps from using grid-supplied electricity to heat thermal energy storage when sufficient solar energy is expected within the next hour. Another possibility is to time the charging of electric vehicles in a way that maximizes the share of solar power. Solar-Log’s systems are based on the same principle. They provide optimal electricity self-consumption for office buildings and industrial facilities through battery storage and flexible loads, such as heat pumps or charging stations.
Apart from the aforementioned companies, numerous other exhibitors will present their solutions for weather and yield forecasts, grid connection, monitoring and analysis software at EM-Power Europe in Munich from June 14–16. Visitors can learn more about the possibilities of forecasting and monitoring systems at the EM-Power Forum session “Forecasting & monitoring: Always a step ahead” (“Forecasting & Monitoring: Immer einen Schritt voraus sein”).
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230601005572/en/
Contact information
Press Contacts
Peggy Zilay
Spokesperson
The smarter E Europe
+49 7231 58598-240
zilay@solarpromotion.com
Juliane Heermeier
Account Manager
+49 151 41482446
juliane.heermeier@fischerappelt.de
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
nShift: Growing Ecoms Urged to Stop “Leaving Money on the Table” in 202510.12.2024 18:01:00 EET | Press release
Small and medium-sized ecommerce businesses fear they are leaving money on the table by failing to optimize their processes, learn from data analytics and improve their customer experience. Experts at nShift are calling on growing and ambitious ecom companies to make 2025 the year they start using the delivery process to maximize revenue and solve business challenges. Smaller ecommerce businesses are better placed than their larger competitors to respond quickly to shifting customer expectations. But many may be missing opportunities to spot these trends. One in five small businesses does not actively track ecommerce analytics.1 nShift, the global leader in delivery and experience management, has identified five ways that the delivery process can help grow revenue, boost loyalty and solve business problems: Increase conversions at checkout – some 70% of shoppers confess to abandoning online shopping carts.2 nShift data shows that offering a range of delivery options at checkout can boo
Incyte Late-Breaking Tafasitamab (Monjuvi ® ) Data at ASH 2024 Demonstrate Significantly Improved Progression-Free Survival in Patients with Relapsed or Refractory Follicular Lymphoma10.12.2024 17:30:00 EET | Press release
Incyte (Nasdaq:INCY) today announced additional results from the pivotal Phase 3 inMIND trial evaluating treatment with tafasitamab (Monjuvi®), a humanized Fc-modified cytolytic CD19 targeting monoclonal antibody, in combination with lenalidomide and rituximab compared with placebo plus lenalidomide and rituximab in patients with relapsed or refractory follicular lymphoma (FL). These data are featured today in the Late-breaking Session (LBA-1) at the 2024 American Society of Hematology (ASH) Annual Meeting in San Diego. The late-breaking results, which build on previously announced topline data, show that the study met its primary endpoint by demonstrating a statistically significant and clinically meaningful improvement in progression-free survival (PFS) by investigator assessment in 548 patients with FL. Patients treated with tafasitamab achieved a median PFS by investigator assessment of 22.4 months compared to 13.9 months in the control arm (Hazard Ratio [HR]: 0.43; 95% Confidence
Tacton Announces New CPQ Service Sales Solution to Maximize Lifetime Customer Value for Manufacturers10.12.2024 16:06:00 EET | Press release
Tacton, a global leader in Configure, Price, Quote (CPQ) software, has launched its innovative Service Sales Solution, to empower manufacturers to manage and sell both products and aftermarket services, deepening customer engagement across the equipment lifecycle. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241209148062/en/ Developed with insights from a leading global manufacturer in the food processing and packaging industry, Tacton’s Service Sales unifies product and service sales in one system. By adopting a solution-selling approach, manufacturers can create optimized packages that streamline operations, enhance efficiency and maximize customer lifecycle value. In today's market, where manufacturers must move beyond standalone product or service sales, Tacton’s Service Sales addresses the growing demand for comprehensive solutions that optimize equipment performance and customer satisfaction. Combining product and se
NetApp’s 2024 Data Complexity Report Reveals AI’s Make or Break Year Ahead10.12.2024 16:00:00 EET | Press release
NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, today released its second annual Data Complexity Report, which examines how global organizations are navigating the increasing complexity of managing their data for AI. This year’s report provides a global view into how AI will impact organizations in 2025 and beyond, offering insights to help businesses leverage AI’s potential while navigating the complexities and risks that accompany this transformative technology. “2025 is shaping up to be a defining year for AI, as organizations transition from experimentation to scaling their AI capabilities,” said Gabie Boko, Chief Marketing Officer, NetApp. “This year’s Data Complexity Report shows that businesses are making significant investments to drive innovation and efficiency, but these efforts will succeed only if global tech executives can address the mounting challenges of data complexity, security, and sustainability. Intelligent data infrastructure, with unified dat
ClickHouse Announces Strategic Collaboration Agreement with AWS to Advance Real-Time Data Analytics and Generative AI Innovation10.12.2024 16:00:00 EET | Press release
ClickHouse, Inc., a leader in real-time analytics, announced today that it has signed a five-year strategic collaboration agreement (SCA) with Amazon Web Services (AWS), designed to accelerate innovation in real-time data warehousing, observability, business intelligence, machine learning, and generative AI solutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241210976702/en/ ClickHouse announces strategic collaboration agreement with AWS (Graphic: Business Wire) The partnership will expand on ClickHouse’s relationship with AWS and introduce new integrations between ClickHouse Cloud and AWS services including Amazon Data Firehose, Amazon Relational Database Service (RDS), AWS Glue, and Amazon Bedrock. Together, this will make it easier for customers to build and manage high-performance analytics and generative AI applications. Additionally, this will provide customers with seamless deployment, enhanced interoperability,
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom