Advanced AI for Integrated Financial Optimization of Wind Energy Assets

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Title
Advanced AI for Integrated Financial Optimization of Wind Energy Assets

CoPED ID
fa5fdb11-0b46-4a76-ac43-05b1981ba9be

Status
Closed


Value
£119,822

Start Date
Sept. 30, 2020

End Date
Dec. 31, 2020

Description

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REOptimize Systems (REOS), was formed to exploit research developed at University of Edinburgh, which has implemented a unique approach to increasing the efficiency of wind turbines. Through advanced modelling and the application of novel machine learning techniques the algorithms minimise the end-to-end losses in the system. This technique has patents pending and is the result of 7 years of research at The University of Edinburgh. The success of the algorithms has been proven experimentally in small-scale wind turbines, and found to yield increases in energy capture of 6%. A 6% increase in energy capture can drive net profit increases for the operator on the order of 50%-100% depending on the specific turbine and location. If only half of UK turbines achieved a 6% gain, it would result in an additional 3000 GWhr of generation and a saving of 1.3 million tonnes of carbon in a single year. This is equivalent to removing around 290,000 petrol passenger cars from the streets. However, this 6% gain has been proven only in medium-scale wind at approximately 100 kW ratings. It is expected that larger turbines will start from a position of better control which will allow us to achieve gains on the order of 3%. REOS is currently preparing a pilot project to validate the technique on a MW scale Siemens 2.3-92 turbine, which is a workhorse of the UK onshore fleet. Now, through this new project, REOS will develop and integrate novel machine learning technologies into a single platform which will provide end-to-end financial optimization of wind power assets, with a truly holistic view of the entire wind system. The project will develop and integrate: * Continuous per-turbine settings optimization * Advanced detection of false alarms to increase in-service time * Advanced AI-based wind farm control This will create a step-change in the control and performance of wind energy assets with the aim of maintaining the gain of 6% increase in energy output in large modern wind farms. This will contribute to creating sustainable innovation and help deliver the transition to net-zero.

Subjects by relevance
  1. Wind energy
  2. Turbines
  3. Machine learning
  4. Renewable energy sources
  5. Wind power stations
  6. Wind turbines

Extracted key phrases
  1. Wind Energy Assets
  2. Advanced AI
  3. Integrated Financial Optimization
  4. Scale wind turbine
  5. Wind farm control
  6. Large modern wind farm
  7. REOptimize Systems
  8. Entire wind system
  9. Wind power asset
  10. Net profit increase
  11. Turbine setting optimization
  12. UK turbine
  13. Large turbine
  14. Novel machine learning technique
  15. Specific turbine

Related Pages

UKRI project entry

UK Project Locations