In this chapter, we will underline the importance of the key performance indicators (KPIs) computation for power plants’ management. The main scope of the KPIs is to continuously monitor and improve the business and technological processes. Such indicators show the efficiency of a process or a system in relation with norms, targets or plans. They usually provide investors and stakeholders a better image regarding location, equipment technology, layout and design, solar and wind exposure in case of renewable energy sources and maintenance strategies. We will present the most important KPIs such as energy performance index, compensated performance ratio, power performance index, yield, and performance, and we will compare these KPIs in terms of relevance and propose a set of new KPIs relevant for maintenance activities. We will also present a case study of a business intelligence (BI) dashboard developed for renewable power plant operation in order to analyze the KPIs. The BI solution contains a data level for data management, an analytical model with KPI framework and forecasting methods based on artificial neural networks (ANN) for estimating the generated energy from renewable energy sources and an interactive dashboard for advanced analytics and decision support.
Part of the book: Recent Improvements of Power Plants Management and Technology
Nowadays, smart meters, sensors and advanced electricity tariff mechanisms such as time-of-use tariff (ToUT), critical peak pricing tariff and real time tariff enable the electricity consumption optimization for residential consumers. Therefore, consumers will play an active role by shifting their peak consumption and change dynamically their behavior by scheduling home appliances, invest in small generation or storage devices (such as small wind turbines, photovoltaic (PV) panels and electrical vehicles). Thus, the current load profile curves for household consumers will become obsolete and electricity suppliers will require dynamical load profiles calculation and new advanced methods for consumption forecast. In this chapter, we aim to present some developments of artificial neural networks for energy demand side management system that determines consumers’ profiles and patterns, consumption forecasting and also small generation estimations.
Part of the book: Advanced Applications for Artificial Neural Networks