What is Forecasting ?
Forecasting: The process of calculating and predicting future events, usually based on extrapolation from the past experience and with varying degrees of uncertainty. Forecasting is an integral part of business decision processes. The energy industry relies on forecasters to forecast load, generation and prices, etc. These forecasts are being used by all segments of the energy industry for planning and operations of both power systems and business entities. Some of the key topics related to renewable energy (RE) forecasting are as below: 1. Machine Learning Techniques for Renewable Energy Forecasting: Exploring how AI and machine learning algorithms improve the accuracy of renewable energy predictions. 2. Weather Radar Technology for Wind Energy Forecasting: Discussing the use of weather radar data to enhance wind energy forecasting models. 3. Blockchain Applications in Renewable Energy Forecasting: Exploring how blockchain technology can improve transparency and efficiency in RE ...