Short-term solar irradiation forecasting based on Dynamic Harmonic Regression
Juan R. Trapero,
Nikolaos Kourentzes and
A. Martin
Energy, 2015, vol. 84, issue C, 289-295
Abstract:
Solar power generation is a crucial research area for countries that have high dependency on fossil energy sources and is gaining prominence with the current shift to renewable sources of energy. In order to integrate the electricity generated by solar energy into the grid, solar irradiation must be reasonably well forecasted, where deviations of the forecasted value from the actual measured value involve significant costs. The present paper proposes a univariate Dynamic Harmonic Regression model set up in a State Space framework for short-term (1–24 h) solar irradiation forecasting. Time series hourly aggregated as the Global Horizontal Irradiation and the Direct Normal Irradiation will be used to illustrate the proposed approach. This method provides a fast automatic identification and estimation procedure based on the frequency domain. Furthermore, the recursive algorithms applied offer adaptive predictions. The good forecasting performance is illustrated with solar irradiance measurements collected from ground-based weather stations located in Spain. The results show that the Dynamic Harmonic Regression achieves the lowest relative Root Mean Squared Error; about 30% and 47% for the Global and Direct irradiation components, respectively, for a forecast horizon of 24 h ahead.
Keywords: Solar irradiation; Forecasting; Dynamic Harmonic Regression; Unobserved components model; Exponential smoothing (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (27)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:84:y:2015:i:c:p:289-295
DOI: 10.1016/j.energy.2015.02.100
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