Weather is a key factor affecting electricity demand. Many load forecasting models rely on weather variables. Weather stations provide point measurements of weather conditions in a service area. Since the load is spread geographically, a single weather station may not sufficiently explain the variations of the load over a vast area. Therefore, a proper combination of multiple weather stations plays a vital role in load forecasting. This paper answers the question: given a number of weather stations, how should they be combined for load forecasting? Simple averaging has been a commonly used and effective method in the literature. In this paper, we compared the performance of seven alternative methods with simple averaging as the benchmark using the data of the Global Energy Forecasting Competition 2012. The results demonstrate that some of the methods outperform the benchmark in combining weather stations. In addition, averaging the forecasts from these methods outperforms most individual methods.

No abstract

No abstract

No abstract

As we move towards a decarbonized grid, reliance on weather-dependent energy increases as does exposure to prolonged natural resource shortages known as energy droughts. Compound energy droughts occur when two or more predominant renewable energy sources simultaneously are in drought conditions. In this study we present a methodology and dataset for examining compound wind and solar energy droughts as well as the first standardized benchmark of energy droughts across the Continental United States (CONUS) for a 2020 infrastructure. Using a recently developed dataset of simulated hourly plant level generation which includes thousands of wind and solar plants, we examine the frequency, duration, magnitude, and seasonality of energy droughts at a variety of temporal and spatial scales. Results are presented for 15 Balancing Authorities (BAs), regions of the U.S.\ power grid where wind and solar are must-take resources by the power grid and must be balanced. Compound wind and solar droughts are shown to have distinct spatial and temporal patterns across the CONUS. BA-level load is also included in the drought analysis to quantify events where high load is coincident with wind and solar droughts. We find that energy drought characteristics are regional and the longest droughts can last from 16 to 37 continuous hours, and up to 6 days. The longest hourly energy droughts occur in Texas while the longest daily droughts occur in California. Compound energy drought events that include load are more severe on average compared to events that involve only wind and solar. In addition, we find that compound high load events occur more often during compound wind and solar droughts that would be expected due to chance. The insights obtained from these findings and the summarized characteristics of energy drought provide valuable guidance on grid planning and storage sizing at the regional scale.