AI Forecasting for Renewable Energy & Storage Dispatch

Improving forecast accuracy and optimizing renewable integration for utilities and grid operators.

Goal:

Enhance day-ahead and intraday forecasts for wind, solar, and battery dispatch to reduce imbalance costs and curtailment.

Impact Keywords:

  • Forecast Optimization
  • Grid Stability
  • Energy Efficiency
  • Renewables Integration

Approach:

LunarTech Lab designed a forecasting and optimization suite that merges weather, asset, and market data.

  1. Data Fusion & Cleansing:
  2. Integrated NWP weather, SCADA, and market price data into spatiotemporal feature sets.
  3. Hybrid Forecast Models:
  4. Combined LSTM and gradient-boosting ensembles to predict generation and demand 1–24 hours ahead.
  5. Battery Dispatch Optimization:
  6. Applied reinforcement learning to optimize charge/discharge schedules based on forecast uncertainty.
  7. Visualization & Control:
  8. Built a grid-operations dashboard with scenario analysis and forecast-confidence visualization.
  9. Continuous Model Retraining:
  10. Automated retraining with live data, maintaining accuracy during seasonal changes.

Summary:

The system improved forecast accuracy by 18 %, reduced imbalance penalties by 25 %, and enabled smoother renewable integration into the grid.

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