Research by the Met Office and Newcastle University shows power outage predictions in windstorms improved when accounting for ...

It is imperative to meet the stringent power targets in different operating modes of the device thus resulting in a need to devise very accurate Power Estimation techniques. This paper discusses the ...

Still, accurate forecasting continues to be vital for the power industry. With more and more renewables being added to the grid, Kelly said he sees the market going binary. “It’s going to be a ...

NF Power has listened closely to the concerns of customers regarding higher-than-expected electricity bills in February 2025.

Those with accurate forecasting models navigated the cold spell successfully. Others faced stark choices between absorbing massive losses or passing unexpected costs to customers. This scenario keeps ...

Power generators need to know when to commit ... Market participants also use forecasts as a risk management tool. Accurate projections allow participants to hedge their positions through ...