Weather-Classification-MARS-Based Photovoltaic Power Forecasting for Energy Imbalance Market

Energy imbalance market (EIM) provides an opportunity that allows larger shares of variable renewable energy sources in the grid. Under highly volatile weather conditions, an accurate forecasting of photovoltaic (PV) power is necessary for grid stability and market operation. Most of existing forecasting methods strongly rely on the accuracy of measurements, and the adaptability of these methods to complex weather conditions is rarely discussed....