ARENA commissioned GHD Advisory to undertake a study to evaluate knowledge and findings from ARENA’s $9.4 million Short Term Forecasting Round. This report analyses the insights and key themes from the knowledge sharing deliverables submitted by the eleven self-forecast trial participants to ARENA.
Report extract
The purpose of this study is to assess the trial participants’ ability to:
- Submit their upcoming five-minute self-forecast via the Australian Energy Market Operator (AEMO) web-based Market Participant Five-minute Forecasting Application Programming Interface (MP5F API)
- Provide a more accurate five-minute ahead self-forecast than AEMO’s forecast systems for wind and solar generators
- Generate social and commercial benefits for wind and solar farms from investing in short-term, self-forecasting solutions.
