In the quest for a cleaner, greener future, the ability to predict solar panel production allows us to manage energy balance more accurately and efficiently. In Estonia, solar energy contributes around 7% to total energy production in 2022, and the momentum is growing. As the world pivots towards sustainable solutions, accurately forecasting solar energy becomes
The recent Data Science seminar on Sustainable Development featured a presentation by our data scientist, Arko Kesküla, titled “Personalized Optimization in Electric Power Systems.” This presentation highlighted the integration of data science into energy management, offering potential enhancements in electricity consumption. The talk discussed advancements in the field and the possibilities for individuals and communities
Rocketing energy prices and growing energy security concerns have grown the interest in solar and wind production immensely. ROI calculations of these investments rely on a robust assessment of production outcomes and historical energy price data without any realistic outlook to future. Production of renewable energy relies on uncontrollable weather conditions. Incorrect production estimates cause
Rising energy consumption globally is leading to increased demand for renewable energy sources. Efforts to replace fossil fuels with renewables raise numerous issues – high energy prices, the complexity of selling to the grid for renewable energy producers, and increasing frequency volatility in the grid. This instability is largely caused by the unpredictable nature of
In recent years, issues surrounding energy consumption and production have become an important matter for all of us. Optimizing energy consumption is not only beneficial for our budget, but also for the environment. Simple practices such as turning off lights when leaving the house or office are a step in the right direction. To truly make
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