3 ms·
On the production side, renewable production is fully influenced by weather and this influences also the other means of production as renewables have "priority"
by skagenpilot 4y ago
On the production side, renewable production is fully influenced by weather and this influences also the other means of production as renewables have "priority" on the grid.
On the demand side, it depends on how people heat (or cool) their home. In France, there is a lot of electrical heating and the partial dependency between temperature and demand is very well understood (and visible in the data). In countries where they rely more on gas story is different.
A good way to study these dependencies is to do load forecasting with white box models such as General Additive Models [1][2], you get the full picture of partial dependencies between your input variables and target variable.
[1] https://www.slideshare.net/cornec/adaptive-gam-12058258 https://www.slideshare.net/cornec/adaptive-gam-12058258
[2] https://www.researchgate.net/publication/260448958_Short-Term_Electricity_Load_Forecasting_With_Generalized_Additive_Models https://www.researchgate.net/publication/260448958_Short-Ter...