Economic Information Network Photovoltaic Panel Power Generation

How is PV power generation forecasting based on climatic data?

PV power generation forecasting is long-term by considering climatic data such as solar irradiance, temperature and humidity. Moreover, we implemented these deep learning methods on two datasets, the first one is made of electrical consumption data collected from smart meters installed at consumers in Douala.

What is the difference between electrical load forecasting & PV power generation forecasting?

In this work, electrical load forecasting is long-term and will consider smart meter data, socio-economic and demographic data. PV power generation forecasting is long-term by considering climatic data such as solar irradiance, temperature and humidity.

What is the environmental value of PV power generation?

The environmental value of energy conservation and emission reduction of PV power generation can be equated to the value of standard coal consumption and the environmental value of pollutant emissions that are avoided by using PV power generation compared to traditional thermal power generation with the same amount of electricity.

Is photovoltaic power a global consensus?

According to existing studies, it has become a global consensus around supporting the clean and low-carbon energy transition, vigorously developing photovoltaic power generation, and achieving a coordinated interaction between the electricity market, the carbon market, and the green power market (Li et al., 2022; Zhang et al., 2023b).

Is solar PV a competitive source of new power generation capacity?

Solar PV is emerging as one of the most competitive sources of new power generation capacity after a decade of dramatic cost declines. A decline of 74% in total installed costs was observed between 2010 and 2018 (Figure 10).

How has the solar PV industry evolved in recent years?

The evolution of the solar PV industry so far has been remarkable, with several milestones achieved in recent years in terms of installations (including off-grid), cost reductions and technological advancements, as well as establishment of key solar energy associations (Figure 5).