Why do we need accurate solar forecasting capabilities and how will the Solar Forecasting Prize address this need? Find out in a story from the National Renewable Energy Laboratory and during the upcoming informational webinar. 

Reliable Forecasting Capabilities

Probabilistic forecasts are being recognized as a critical tool for cost-effective reserve allocation and unit scheduling. Considering a future with high-penetration weather-bound renewable energy generation is becoming increasingly important. Additionally, independent system operators agree that solar forecasting is an important part of system operations, and forecasting becomes even more important as the fraction of variable weather-dependent generation increases.

“Grid operators need tools to accurately calculate how much power solar plants will generate a day ahead of time, and the Solar Forecasting Prize was created to deliver those tools,” said Garrett Nilsen, acting director of the U.S. Department of Energy Solar Energy Technologies Office

Read the full story here

Want to know more about how the Solar Forecasting Prize aims to accomplish this? Join the informational webinar on Monday, Nov. 8, at 12 p.m. ET to hear the prize administrators discuss the competition and answer all your questions. Register for the Solar Forecasting Prize Informational Webinar here