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Brochure title:
GridOPTICS method improves power forecasting, grid reliability
Description:
Accurate forecasting of electrical power needs is crucial for grid efficiency and safety, but not easy to do. The GridOPTICS™ capability suite’s Power Model Integrator for network interchange schedule prediction, an ensemble-based statistical framework, enables grid reliability coordinators (RCs) to more accurately forecast power needs. The result is demonstrable savings in spot energy markets, decreased operational costs and improved grid stabilities.
Clearance number:
PNNL-SA-113348
Contact/Custodian:
Zollman, Bethany G (bethany.zollman@pnnl.gov)
Date published:
October 2015
Number of pages:
1
Background information:
Category:
None
Key words:
GridOPTICS, power forecasting

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