DISRUPTING THE ELECTRICITY FORECASTING MARKET TROUGH Â ONLINEÂ ADJUSTMENT ACCOUNTING FOR UPDATED METEOROLOGICAL FORECAST AND Â REAL-TIMEÂ SMART METER READINGS (Q4193985): Difference between revisions
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(Changed label, description and/or aliases in en: Setting new description) |
(Changed label, description and/or aliases in en, and other parts: Adding English translations) |
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DISRUPTING THE ELECTRICITY FORECASTING MARKET TROUGH Â ONLINEÂ ADJUSTMENT ACCOUNTING FOR UPDATED METEOROLOGICAL FORECAST AND Â REAL-TIMEÂ SMART METER READINGS | |||||||||||||||
| Property / summary | |||||||||||||||
IN THE NATIONAL ELECTRICITY SYSTEM, THE POWER TRANSMISSION NETWORK PLAYS A FUNDAMENTAL ROLE, AS IT REPRESENTS THE LOCATION WHERE ELECTRICITY SUPPLY AND DEMAND ARE INTERSECTED, WHOSE BALANCE IS FUNDAMENTAL FOR THE PROPER FUNCTIONING OF THE GRID. ENSURING THE INSTANT BALANCE BETWEEN PRODUCTION AND CONSUMPTION IS THEREFORE A NECESSARY CONDITION IN ORDER TO AVOID MALFUNCTIONS. IN ITALY, THE TRANSMISSION AND MANAGEMENT OF THE NETWORK ARE ATTRIBUTED TO TERNA WHILE ALL DISPATCHING USERS (KNOWN AS BALANCING RESPONSIBLE PARTIES — BRPS) AUTHORISED HAVE THE RESPONSIBILITY TO PREDICT AND COMMUNICATE TO THE OPERATOR THE AMOUNT OF ENERGY THAT THEIR CUSTOMERS WILL CONSUME THE FOLLOWING DAY, IN ORDER TO PROMOTE BALANCING. AN ERROR IN FORECASTING THE ELECTRICITY CONSUMPTION OF ITS CUSTOMERS RESULTS, IN FACT, IN AN ADDITIONAL COST EQUAL TO THE IMBALANCE CHARGES. THE SOLUTION PROPOSED BY HELIOSWITCH, COMBINING ROBUST STATISTICAL APPROACHES (SINGULAR VALUE) (English) | |||||||||||||||
| Property / summary: IN THE NATIONAL ELECTRICITY SYSTEM, THE POWER TRANSMISSION NETWORK PLAYS A FUNDAMENTAL ROLE, AS IT REPRESENTS THE LOCATION WHERE ELECTRICITY SUPPLY AND DEMAND ARE INTERSECTED, WHOSE BALANCE IS FUNDAMENTAL FOR THE PROPER FUNCTIONING OF THE GRID. ENSURING THE INSTANT BALANCE BETWEEN PRODUCTION AND CONSUMPTION IS THEREFORE A NECESSARY CONDITION IN ORDER TO AVOID MALFUNCTIONS. IN ITALY, THE TRANSMISSION AND MANAGEMENT OF THE NETWORK ARE ATTRIBUTED TO TERNA WHILE ALL DISPATCHING USERS (KNOWN AS BALANCING RESPONSIBLE PARTIES — BRPS) AUTHORISED HAVE THE RESPONSIBILITY TO PREDICT AND COMMUNICATE TO THE OPERATOR THE AMOUNT OF ENERGY THAT THEIR CUSTOMERS WILL CONSUME THE FOLLOWING DAY, IN ORDER TO PROMOTE BALANCING. AN ERROR IN FORECASTING THE ELECTRICITY CONSUMPTION OF ITS CUSTOMERS RESULTS, IN FACT, IN AN ADDITIONAL COST EQUAL TO THE IMBALANCE CHARGES. THE SOLUTION PROPOSED BY HELIOSWITCH, COMBINING ROBUST STATISTICAL APPROACHES (SINGULAR VALUE) (English) / rank | |||||||||||||||
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| Property / summary: IN THE NATIONAL ELECTRICITY SYSTEM, THE POWER TRANSMISSION NETWORK PLAYS A FUNDAMENTAL ROLE, AS IT REPRESENTS THE LOCATION WHERE ELECTRICITY SUPPLY AND DEMAND ARE INTERSECTED, WHOSE BALANCE IS FUNDAMENTAL FOR THE PROPER FUNCTIONING OF THE GRID. ENSURING THE INSTANT BALANCE BETWEEN PRODUCTION AND CONSUMPTION IS THEREFORE A NECESSARY CONDITION IN ORDER TO AVOID MALFUNCTIONS. IN ITALY, THE TRANSMISSION AND MANAGEMENT OF THE NETWORK ARE ATTRIBUTED TO TERNA WHILE ALL DISPATCHING USERS (KNOWN AS BALANCING RESPONSIBLE PARTIES — BRPS) AUTHORISED HAVE THE RESPONSIBILITY TO PREDICT AND COMMUNICATE TO THE OPERATOR THE AMOUNT OF ENERGY THAT THEIR CUSTOMERS WILL CONSUME THE FOLLOWING DAY, IN ORDER TO PROMOTE BALANCING. AN ERROR IN FORECASTING THE ELECTRICITY CONSUMPTION OF ITS CUSTOMERS RESULTS, IN FACT, IN AN ADDITIONAL COST EQUAL TO THE IMBALANCE CHARGES. THE SOLUTION PROPOSED BY HELIOSWITCH, COMBINING ROBUST STATISTICAL APPROACHES (SINGULAR VALUE) (English) / qualifier | |||||||||||||||
point in time: 31 January 2022
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Revision as of 18:52, 31 January 2022
Project Q4193985 in Italy
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | DISRUPTING THE ELECTRICITY FORECASTING MARKET TROUGH Â ONLINEÂ ADJUSTMENT ACCOUNTING FOR UPDATED METEOROLOGICAL FORECAST AND Â REAL-TIMEÂ SMART METER READINGS |
Project Q4193985 in Italy |
Statements
15,000.0 Euro
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30,000.0 Euro
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50.0 percent
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HELIOSWITCH S.R.L.
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NEL SISTEMA ELETTRICO NAZIONALE LA RETE DI TRASMISSIONE DELL ENERGIA RIVESTE UN RUOLO FONDAMENTALE, IN QUANTO RAPPRESENTA LA SEDE DOVE SI INCROCIANO DOMANDA E OFFERTA DI ELETTRICITà IL CUI EQUILIBRIO Ê FONDAMENTALE PER IL CORRETTO FUNZIONAMENTO DELLA RETE. GARANTIRE IL BILANCIAMENTO ISTANTANEO TRA PRODUZIONE E CONSUMI Ê PERTANTO UNA CONDIZIONE NECESSARIA AL FINE DI EVITARE MALFUNZIONAMENTI. IN ITALIA, LA TRASMISSIONE E LA GESTIONE DELLA RETE SONO ATTRIBUITE A TERNA MENTRE TUTTI GLI UTENTI DEL DISPACCIAMENTO (IN INGLESE NOTI COME BALANCING RESPONSIBLE PARTIES - BRPS) ABILITATI HANNO LA RESPONSABILITà DI PREVEDERE E COMUNICARE AL GESTORE LA QUANTITà DI ENERGIA CHE I PROPRI CLIENTI CONSUMERANNO IL GIORNO SEGUENTE, PER FAVORIRE IL BILANCIAMENTO. UN ERRORE NELLA PREVISIONE DEI CONSUMI ELETTRICI DEI PROPRI CLIENTI SI TRADUCE, INFATTI, IN UN AGGRAVIO DI COSTO PARI AGLI ONERI DI SBILANCIAMENTO. LA SOLUZIONE PROPOSTA DA HELIOSWITCH, COMBINANDO ROBUSTI APPROCCI STATISTICI (SINGULAR VALUE (Italian)
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IN THE NATIONAL ELECTRICITY SYSTEM, THE POWER TRANSMISSION NETWORK PLAYS A FUNDAMENTAL ROLE, AS IT REPRESENTS THE LOCATION WHERE ELECTRICITY SUPPLY AND DEMAND ARE INTERSECTED, WHOSE BALANCE IS FUNDAMENTAL FOR THE PROPER FUNCTIONING OF THE GRID. ENSURING THE INSTANT BALANCE BETWEEN PRODUCTION AND CONSUMPTION IS THEREFORE A NECESSARY CONDITION IN ORDER TO AVOID MALFUNCTIONS. IN ITALY, THE TRANSMISSION AND MANAGEMENT OF THE NETWORK ARE ATTRIBUTED TO TERNA WHILE ALL DISPATCHING USERS (KNOWN AS BALANCING RESPONSIBLE PARTIES — BRPS) AUTHORISED HAVE THE RESPONSIBILITY TO PREDICT AND COMMUNICATE TO THE OPERATOR THE AMOUNT OF ENERGY THAT THEIR CUSTOMERS WILL CONSUME THE FOLLOWING DAY, IN ORDER TO PROMOTE BALANCING. AN ERROR IN FORECASTING THE ELECTRICITY CONSUMPTION OF ITS CUSTOMERS RESULTS, IN FACT, IN AN ADDITIONAL COST EQUAL TO THE IMBALANCE CHARGES. THE SOLUTION PROPOSED BY HELIOSWITCH, COMBINING ROBUST STATISTICAL APPROACHES (SINGULAR VALUE) (English)
31 January 2022
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MILANO
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