Data-Driven Management Systems for Wave-Powered Renewable Energy Communities

Saqib Iqbal () and Kamyar Mehran
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Saqib Iqbal: Department of Electronic Engineering, Queen Mary University of London, London E1 4NS, UK
Kamyar Mehran: Department of Electronic Engineering, Queen Mary University of London, London E1 4NS, UK

Energies, 2024, vol. 17, issue 5, 1-19

Abstract: This research focus on the essential task of precise prediction for power generation and energy consumption of wave energy converters (WECs) within the framework of contemporary wave-powered renewable energy sources (RESs). Utilizing real-time wave data, we introduce a deep learning methodology featuring a long short-term memory (LSTM) model. Additionally, we propose an online management system for RESs aimed at optimizing interactions among WECs, energy storage systems (ESSs), super capacitor (SC), and load. This approach leads to significant enhancements in mean square error (MSE) for critical variables such as wave height, time period, and direction, improving predictive accuracy by factors of 8.37, 9.30, and 16.14, respectively. Through diverse scenario-based experimental evaluations, our solution exhibits competitive performance when compared to benchmark strategies and ideal solutions. These findings underscore the potential of the LSTM-NN model to advance the efficiency and reliability of wave energy forecasting and management systems. As wave energy technology evolves, this study contributes to ongoing efforts to enhance practical applicability, especially in coastal regions with substantial wave energy potential.

Keywords: renewable energy communities; wave-energy; forecasting; optimization; real-time; energy management (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: 2024
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