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Figure 10 shows a monthly average electricity production profile.
However, the disadvantages of monthly average electricity price forecasting are obvious.
Mid-term monthly average electricity price forecasting (e.g., month ahead) is essential in guiding the participants over mid- and long-term time scales.
1) For retailors, although monthly average electricity price forecasting can help them set the rate plan, the contribution of monthly average price to the retailors is very limited.
where MSVI ij is the index value for month i in year j, MEC ij is the monthly electricity consumption for month i in year j, and MAE j is the monthly average electricity load for year j[6].
Fig. 10 Monthly average electricity production (Case VI) Fig. 11 Solar PV power output (Case VI) Fig. 12 Wind turbine power output (Case VI) Fig. 13 Energy purchased from the grid (Case VI) Fig. 14 Energy sold to the grid.
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Figure 9 shows the monthly average amount of electricity generated by each component of the DPWES— XL1R is wind turbine, auto denotes the diesel generator and PV the solar-PV in the figure.
Open image in new window Figure 4 Monthly average forecast values of temperature (°C) & Electricity consumption (GWh) from 2011 to 2020.
For consumers who want a more detailed look at their energy usage, data is also available that breaks down hourly, monthly and annual consumption, spending, real-time demand and average electricity price.
In the market premium model under the Renewable Energy Sources Act (EEG), producers of electricity from RES receive the difference between technology-specific reference prices and the actual, likewise technology-specific, monthly average market price (EEG 2014 Annex 1).
Three years later, the monthly average was nine.
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monthly peak electricity
monthly average value
monthly household electricity
monthly average rainfall
monthly average wind
monthly average concentration
monthly average sale
monthly average circulation
monthly consumer electricity
monthly average maximum
monthly average temperature
monthly average weather
monthly average income
monthly average air
monthly average contaminant
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