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Software accurately forecasts renewable energy supplies

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Transmission system operators must assess precisely the supply of electricity from renewable energies for the next day in order to market this electricity on the European Power Exchange (EPEX) as effectively as possible. The sharply fluctuating supply of solar and wind energy makes reliable forecasts even more difficult. For this reason, Fraunhofer researchers, working jointly with TenneT TSO GmbH, developed a high-performance software -- the EMS-EDM PROPHET -- that takes multiple forecasts...

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