Webinar – Optimising participation of renewables generation in multiple electricity markets: Smart4RES vision, opportunities and role of forecasting

09 June 2021 13:00 CEST – In electricity markets, errors associated to RES production forecasting lead to imbalance penalties when actual delivered production deviates from bids. Optimisation strategies, requiring multiple predictions, have been proposed to minimize these penalties. However, having so many predictions represents a cost for operators and can be source of inefficiency by cumulating forecasting errors. In this context, Smart4RES proposes optimisation methods for trading tools, considering multiple market opportunities, high resolution forecast and prescriptive analytics.

Webinar: Electricity market designs for flexibility: from zonal to nodal architectures, findings from first market simulations

27 May 2021 14:00 CEST – Which are the most suitable market designs to capture the value of flexibility in power systems?
The European project OSMOSE has developed different models from nodal to zonal market architectures to assess the economic value of different flexibility mixes (load, generation and power flows) in future power system scenarios.
The webinar will introduce the zonal and nodal market designs modelled in OSMOSE, present the first simulation results, and discuss the preliminary findings of this ongoing work.

Webinar – IEC61850 standard: what for, which benefits, what pending challenges? How is the Osmose project contributing?

3 May 2021 15:00 CEST – This webinar introduces the IEC61850 standard on communication protocols for intelligent electronic devices at electrical substations, and its benefits. The interoperability needs and issues are presented, as well as the IEC61850 scope and structure, its applications fields, and complementarity with other standards. It concludes on the ongoing developments within the OSMOSE project for the standard’s implementation (subject of a second webinar).

Webinar – Advanced weather forecasting for RES applications: multi-source observations to improve solar forecasting within the Smart4RES project

29 Apr. 2021 13:00 CEST – ISGAN and Smart4RES invite you to the 2nd part of its webinar series on Advanced Weather Forecasting. This webinar will present solar irradiance forecasting methods based on a network of ground-based sky cameras, radiometers and ceilometers as well as satellite data. Furthermore, new designs to data assimilation are presented that combine the best of the observations with the best of numerical weather prediction models to produce optimized weather forecast for RES applications.

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