As global renewable capacity surges past 3,700 GW, operators face a paradoxical challenge: renewable forecasting systems struggle to predict energy surges during extreme weather. Did you know a 5% forecasting error in solar farms can cause $2.3M/hour imbalance costs? The stakes have never been higher in our race toward decarbonization.
When renewable forecasting misses its mark by just 5%, a mid-sized grid could lose $1.2 million daily. Why do wind and solar—despite providing 30% of global electricity—still challenge even the smartest grids? The answer lies in the evolving science of predicting nature's whims.
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