journal article·2024-11-30Open access

Predictive Modeling of Photovoltaic Energy Yield Using an ARIMA Approach

Fatima Sapundzhi, Aleksandar Chikalov, Slavi Georgiev, Ivan Georgiev

Applied Sciences· Volume 14· Issue 23

Abstract

This paper presents a method for predicting the energy yield of a photovoltaic (PV) system based on the ARIMA algorithm. We analyze two key time series: the specific yield and the total yield of the PV system. Two ARIMA models are developed for each time series: one selected by the authors and one determined by SPSS. Model performance is evaluated through fit statistics, providing a comprehensive assessment of model accuracy. The residuals’ ACF and PACF are examined to ensure model adequacy, and confidence intervals are calculated for residuals to validate the models. A monthly forecast is then generated for both time series, complete with confidence intervals, to demonstrate the models’ predictive capabilities. The results highlight the effectiveness of ARIMA in forecasting PV energy yields, offering valuable insights for optimizing PV system performance and planning. This study contributes to the field of renewable energy forecasting by demonstrating the applicability of ARIMA models in predicting the monthly performance of photovoltaic systems.
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Research context

OpenAlex topics: Solar Radiation and Photovoltaics · Photovoltaic System Optimization Techniques · Grey System Theory Applications

SciVX discovery tags are terminology-based. OpenAlex topics are source-provided classifications.

Affiliations

Department of Communication and Computer Engineering, Faculty of Engineering, South-West University “Neofit Rilski”, 66 Ivan Myhailov Str., 2700 Blagoevgrad, Bulgaria

Department of Information Modeling, Institute of Mathematics and Informatics, Bulgarian Academy of Sciences, 8 Acad. Georgi Bonchev Str., 1113 Sofia, Bulgaria

Department of Applied Mathematics and Statistics, Faculty of Natural Sciences and Education, University of Ruse “Angel Kanchev”, 8 Studentska Str., 7004 Ruse, Bulgaria

Funding

European Union—NextGenerationEU

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