Forecasting Photovoltaic Deployment with Neural Networks
AbstractThe photovoltaic (PV) industry in Italy has already crossed the threshold of 1 GW of installed capacity. Currently there are approximately 70,000 certiﬁed facilities in operation for a power generation of 1,300 GWh/year. With these ﬁgures, Italy has become the second country in Europe for PV installed power after Germany. The energy produced would be suﬃcient to meet the power needs of approximately 1,200,000 people. This leads to some questions: Will this technology continue to grow exponentially even after the recent reduction in rates by the Energy Bill? Will the number of installed PV facilities still grow even with less public support and (probably) a reduction in the technology purchase price? The purpose of this paper is therefore to develop a conceptual model to make a prediction of the PV installed power in Italy through the use of “supervised” artiﬁcial neural networks. This model is also applied to the analysis of the spread of this technology in some other European countries.
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Bibliographic InfoPaper provided by Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia in its series Quaderni DSEMS with number 02-2011.
Length: 21 pages
Date of creation: Mar 2011
Date of revision:
photovoltaic; forecasting; neural networks.;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-06-18 (All new papers)
- NEP-CMP-2011-06-18 (Computational Economics)
- NEP-ENE-2011-06-18 (Energy Economics)
- NEP-FOR-2011-06-18 (Forecasting)
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- Palmer, Johannes & Sorda, Giovanni & Madlener, Reinhard, 2013. "Modeling the Diffusion of Residential Photovoltaic Systems in Italy: An Agent-based Simulation," FCN Working Papers 9/2013, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
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