A multi-dimension clustering-based method for renewable energy investment planning

Aaron Liu, Wendy Miller, Michael E. Cholette, Gerard Ledwich, Glenn Crompton and Yong Li

Renewable Energy, 2021, vol. 172, issue C, 651-666

Abstract: As electricity prices and environmental awareness increase, more customers are becoming interested in installing distributed renewable generation, such as rooftop photovoltaic systems. Yearly load profile data could become very relevant to these customers to help them to time efficiently and accurately determine optimal energy investments for these customers.

Keywords: Data analysis; Gaussian mixture model clustering; Investment strategy; Performance based planning; Renewable integration; Sustainable development (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:172:y:2021:i:c:p:651-666

DOI: 10.1016/j.renene.2021.03.056

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