Prophesy

The goal of the project Prophesy is the simulation of time series forecasts of the expected electricity from wind energy and photovoltaics in future power supply systems in the next hours to weeks. The methods developed will be linked to the scenario tool of the Fraunhofer IEE, with which expansion scenarios of the power supply system for the next decades can be simulated and analyzed. Since forecasts play an essential role in many planning and decision-making processes for network operators and market participants, many questions regarding future power supply systems can only be answered with high accuracy by considering forecasts. These include, among other things, control power requirements, the provision of system services, the necessary network expansion, the optimal energy mix for reducing balancing energy, necessary network measures, the optimal storage dimensioning or market design.