The Time-Series Production Simulation in Cost Management of New Energy Grid Connection Under the Internet of Things

To promote the intelligent and efficient development of new energy grid connection management, this work first analyzes the current situation and problems in cost management for new energy grid connections. It is found that existing models are not effectively adaptable to complex and dynamic energy...

Full description

Saved in:
Bibliographic Details
Main Author: Shurui Wang
Format: Article
Language:English
Published: IEEE 2024-01-01
Series:IEEE Access
Subjects:
Online Access:https://ieeexplore.ieee.org/document/10445258/
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1832583992222679040
author Shurui Wang
author_facet Shurui Wang
author_sort Shurui Wang
collection DOAJ
description To promote the intelligent and efficient development of new energy grid connection management, this work first analyzes the current situation and problems in cost management for new energy grid connections. It is found that existing models are not effectively adaptable to complex and dynamic energy systems. Therefore, this work constructs a comprehensive monitoring system based on Internet of Things (IoT) technology. This system monitors and collects the energy production and consumption data in real-time to simulate the processes of new energy generation, storage, transmission, and consumption. The model considers different types of new energy resources, including solar, wind, and a time-series production simulation method is employed to simulate the energy production process. Finally, an improved Informer model for intelligent cost management for new energy grid connection is built. The research results indicate that with the penetration of new energy, the system’s idle capacity gradually increases, and the solar power generation also increases, but the utilization hours of solar energy slightly decrease. Moreover, the improved Informer model performs well in the management of new energy grid connections. The introduced Wasserstein distance improvement method positively enhances the model’s prediction accuracy, with a decrease of 208.4 in Mean Squared Error, a reduction of 145.6 in Root Mean Squared Error, and a decrease of 7.14 in Mean Absolute Error. This work provides an innovative solution for IoT-based cost management of new energy grid connections, having theoretical significance and practical value.
format Article
id doaj-art-a0f736e987b94ae5a2d13fcd3990cc1f
institution Kabale University
issn 2169-3536
language English
publishDate 2024-01-01
publisher IEEE
record_format Article
series IEEE Access
spelling doaj-art-a0f736e987b94ae5a2d13fcd3990cc1f2025-01-28T00:00:52ZengIEEEIEEE Access2169-35362024-01-0112323693238010.1109/ACCESS.2024.337016210445258The Time-Series Production Simulation in Cost Management of New Energy Grid Connection Under the Internet of ThingsShurui Wang0https://orcid.org/0009-0001-2431-5475Polytechnic Institute, Zhejiang University, Hangzhou, ChinaTo promote the intelligent and efficient development of new energy grid connection management, this work first analyzes the current situation and problems in cost management for new energy grid connections. It is found that existing models are not effectively adaptable to complex and dynamic energy systems. Therefore, this work constructs a comprehensive monitoring system based on Internet of Things (IoT) technology. This system monitors and collects the energy production and consumption data in real-time to simulate the processes of new energy generation, storage, transmission, and consumption. The model considers different types of new energy resources, including solar, wind, and a time-series production simulation method is employed to simulate the energy production process. Finally, an improved Informer model for intelligent cost management for new energy grid connection is built. The research results indicate that with the penetration of new energy, the system’s idle capacity gradually increases, and the solar power generation also increases, but the utilization hours of solar energy slightly decrease. Moreover, the improved Informer model performs well in the management of new energy grid connections. The introduced Wasserstein distance improvement method positively enhances the model’s prediction accuracy, with a decrease of 208.4 in Mean Squared Error, a reduction of 145.6 in Root Mean Squared Error, and a decrease of 7.14 in Mean Absolute Error. This work provides an innovative solution for IoT-based cost management of new energy grid connections, having theoretical significance and practical value.https://ieeexplore.ieee.org/document/10445258/Time-series production simulationdeep learningInternet of Thingsnew energy grid connectioncost management
spellingShingle Shurui Wang
The Time-Series Production Simulation in Cost Management of New Energy Grid Connection Under the Internet of Things
IEEE Access
Time-series production simulation
deep learning
Internet of Things
new energy grid connection
cost management
title The Time-Series Production Simulation in Cost Management of New Energy Grid Connection Under the Internet of Things
title_full The Time-Series Production Simulation in Cost Management of New Energy Grid Connection Under the Internet of Things
title_fullStr The Time-Series Production Simulation in Cost Management of New Energy Grid Connection Under the Internet of Things
title_full_unstemmed The Time-Series Production Simulation in Cost Management of New Energy Grid Connection Under the Internet of Things
title_short The Time-Series Production Simulation in Cost Management of New Energy Grid Connection Under the Internet of Things
title_sort time series production simulation in cost management of new energy grid connection under the internet of things
topic Time-series production simulation
deep learning
Internet of Things
new energy grid connection
cost management
url https://ieeexplore.ieee.org/document/10445258/
work_keys_str_mv AT shuruiwang thetimeseriesproductionsimulationincostmanagementofnewenergygridconnectionundertheinternetofthings
AT shuruiwang timeseriesproductionsimulationincostmanagementofnewenergygridconnectionundertheinternetofthings