EconPapers    
Economics at your fingertips  
 

The Effect of Offshore Wind Capacity Expansion on Uncertainties in Germany’s Day-Ahead Wind Energy Forecasts

David Schönheit () and Dominik Möst ()
Additional contact information
David Schönheit: Technische Universität Dresden, Faculty of Economics and Business Management, Chair of Energy Economics, D-01062 Dresden, Germany
Dominik Möst: Technische Universität Dresden, Faculty of Economics and Business Management, Chair of Energy Economics, D-01062 Dresden, Germany

Energies, 2019, vol. 12, issue 13, 1-23

Abstract: Germany has experienced rapid growth in onshore wind capacities over the past two decades. Substantial capacities of offshore wind turbines have been added since 2013. On a local, highly-resolved level, this analysis evaluated if differences in wind speed forecast errors exist for offshore and onshore locations regarding magnitude and variation. A model based on the Extra Trees algorithm is proposed and found to be a viable method to transform local wind speeds and capacities into aggregated wind energy feed-in. This model was used to analyze if offshore and onshore wind power expansion lead to different distributions of day-ahead wind energy forecast errors in Germany. The Extra Trees model results indicate that offshore wind capacity expansion entails an energy forecast error distribution with more frequent medium to high deviations, stemming from larger and more variable wind speed deviations of offshore locations combined with greater geographical concentration of offshore wind turbines and their exposure to high-wind oceanic conditions. The energy forecast error distribution of onshore expansion, however, shows heavier tails and consequently more frequent extreme deviations. The analysis suggests that this can be rooted in the simultaneous over- or underestimation of wind speeds at many onshore locations.

Keywords: wind energy forecasts; offshore capacity expansion; day-ahead wind energy uncertainties; machine learning; Extra Trees (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://www.mdpi.com/1996-1073/12/13/2534/pdf (application/pdf)
https://www.mdpi.com/1996-1073/12/13/2534/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:12:y:2019:i:13:p:2534-:d:244725

Access Statistics for this article

Energies is currently edited by Prof. Dr. Enrico Sciubba

More articles in Energies from MDPI, Open Access Journal
Bibliographic data for series maintained by XML Conversion Team ().

 
Page updated 2021-01-30
Handle: RePEc:gam:jeners:v:12:y:2019:i:13:p:2534-:d:244725