{"id":8977,"date":"2025-08-26T16:49:41","date_gmt":"2025-08-26T08:49:41","guid":{"rendered":"https:\/\/ascendas-asia.com\/?page_id=8977"},"modified":"2025-08-26T16:49:41","modified_gmt":"2025-08-26T08:49:41","slug":"developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink","status":"publish","type":"page","link":"https:\/\/ascendas-asia.com\/vi\/resources\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/","title":{"rendered":"Developing Renewable Energy Technologies to Mitigate Climate Change Using MATLAB and Simulink"},"content":{"rendered":"<p style=\"font-weight: normal;\">Scientists and engineers use MATLAB<sup>\u00ae<\/sup>\u00a0and Simulink<sup>\u00ae<\/sup>\u00a0to integrate solar, wind, and other sources of energy into the grid. These renewable energy sources help reduce dependence on fossil fuels and present unique opportunities for energy simulation, forecasting, and the use of distributed energy systems. See five examples of how engineers take advantage of these opportunities, and how you can apply the same tools and techniques in your own projects.<\/p>\n<div>\n<div data-hs-responsive-table=\"true\" style=\"overflow-x: auto; max-width: 100%; width: 100%; margin-left: auto; margin-right: auto;\">\n<table style=\"width: 100%; border-collapse: collapse; table-layout: fixed; border: 1px solid #99acc2; border-color: #FFFFFF;\">\n<tbody>\n<tr>\n<td style=\"width: 49.7846%; padding: 4px;\">\n<ul>\n<li><a href=\"https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink.html#distributed_energy_system\">Distributed Energy System Planning and Design<\/a><\/li>\n<li><a href=\"https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink.html#microgrid\">Microgrid Simulation<\/a><\/li>\n<li><a href=\"https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink.html#windfarm_grid_integration\">Wind Farm Grid Integration<\/a><\/li>\n<\/ul>\n<\/td>\n<td style=\"width: 49.7846%; padding: 4px;\">\n<ul>\n<li><a href=\"https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink.html#virtual_power_plant\">Virtual Power Plant Development<\/a><\/li>\n<li><a href=\"https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink.html#energy_forecasting\">Energy Forecasting<\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div>\n<p><a name=\"distributed_energy_system\" id=\"distributed_energy_system\" data-hs-anchor=\"true\"><\/a><\/p>\n<h2 style=\"font-weight: bold;\">\u00a0Distributed Energy System Planning and Design<\/h2>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<figure><a href=\"https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink.html#\" data-bs-toggle=\"modal\" data-bs-target=\"#modal-0babe4bb-784e-4cfd-bc8c-594210b10c33\"><img decoding=\"async\" src=\"https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy\/1\/image_copy.adapt.full.medium.jpg\/1700717192873.jpg\" alt=\"Distributed Energy System Planning and Design\" width=\"640\" height=\"360\" sizes=\"auto, (min-width: 1200px) 1140px, (min-width: 992px) 940px, calc(100vw - 30px)\" loading=\"lazy\" srcset=\"https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy\/1\/image_copy.adapt.150.medium.jpg\/1700717192873.jpg 150w, https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy\/1\/image_copy.adapt.320.medium.jpg\/1700717192873.jpg 320w, https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy\/1\/image_copy.adapt.480.medium.jpg\/1700717192873.jpg 480w, https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy\/1\/image_copy.adapt.620.medium.jpg\/1700717192873.jpg 620w, https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy\/1\/image_copy.adapt.full.medium.jpg\/1700717192873.jpg 640w\" data-aem-src=\"\/content\/dam\/mathworks\/technical-article\/2021\/climate-change-dist-energy-system-plan-design.jpg\" \/><\/a><\/p>\n<div><span>\u00a0<\/span><\/div>\n<\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<p>Distributed energy systems not only make it easier to increase the use of renewable energy sources, they also provide a way to reduce dependence on large, centralized power stations. In order to maximize reliability, power output, and investment returns, these systems must be carefully planned and designed.<\/p>\n<p>Engineers at Shanghai Electric worked with researchers from the Lawrence Berkeley Laboratory at the University of California, Berkeley to develop a distributed energy system planning and design platform that estimates payback periods, cash flows, and internal rates of return based on time-series weather data, energy price trends, available government subsidies, and other factors. Hundreds of users, both inside and outside Shanghai Electric, currently use the platform to identify optimal distributed energy system designs.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<h5 style=\"font-weight: normal;\">Learn More About System Planning and Design<\/h5>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li><a href=\"https:\/\/www.mathworks.com\/company\/user_stories\/shanghai-electric-builds-and-deploys-cost-saving-enterprise-software-for-planning-and-designing-distributed-energy-systems.html\">Shanghai Electric Builds and Deploys Cost-Saving Enterprise Software for Planning and Designing Distributed Energy Systems<\/a><span>\u00a0<\/span>&#8211; Customer Story<\/li>\n<li><a href=\"https:\/\/www.mathworks.com\/videos\/long-term-energy-forecasting-with-econometrics-in-matlab-99301.html\"><span><\/span>Long Term Energy Forecasting with Econometrics in MATLAB<span>\u00a0(44:52)<\/span><\/a><span>\u00a0<\/span>&#8211; Video<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<hr \/>\n<\/div>\n<div>\n<div>\n<p><a name=\"microgrid\" id=\"microgrid\" data-hs-anchor=\"true\"><\/a><\/p>\n<h2 style=\"font-weight: bold;\">\u00a0Microgrid Simulation<\/h2>\n<\/div>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<p>On the Hawaiian island of Lanai, a 1.2 megawatt photovoltaic (PV) solar farm helps fulfill a key goal of the Hawaii Clean Energy Initiative: meet 70% of the state\u2019s energy demand with clean energy by 2030.<\/p>\n<p>Before bringing the solar farm online, Maui Electric worked with Sandia National Laboratories to ensure the PV system would operate reliably and efficiently alongside existing diesel generators that also supply the island with electricity. Sandia engineers used Simulink and Simscape Electrical\u2122 to model the supervisory control systems, PV arrays, power inverters, batteries, conventional generators, and system loads that make up the Lanai microgrid. Once the models were available, they ran simulations to evaluate configuration options, assess control strategies, and identify the proper size for the microgrid\u2019s energy storage subsystems.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<figure><img decoding=\"async\" src=\"https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co\/2\/image_copy.adapt.full.medium.jpg\/1700717193194.jpg\" alt=\"Microgrid Simulation\" width=\"640\" height=\"360\" sizes=\"auto, (min-width: 1200px) 1140px, (min-width: 992px) 940px, calc(100vw - 30px)\" loading=\"lazy\" srcset=\"https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co\/2\/image_copy.adapt.150.medium.jpg\/1700717193194.jpg 150w, https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co\/2\/image_copy.adapt.320.medium.jpg\/1700717193194.jpg 320w, https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co\/2\/image_copy.adapt.480.medium.jpg\/1700717193194.jpg 480w, https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co\/2\/image_copy.adapt.620.medium.jpg\/1700717193194.jpg 620w, https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co\/2\/image_copy.adapt.full.medium.jpg\/1700717193194.jpg 640w\" data-aem-src=\"\/content\/dam\/mathworks\/technical-article\/2021\/climate-change-microgrid-simulation.jpg\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<h6 style=\"font-weight: normal;\">Learn More About Microgrid Simulation<\/h6>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li><a href=\"https:\/\/www.mathworks.com\/company\/user_stories\/sandia-national-laboratories-simulates-hawaii-microgrid-and-photovoltaic-systems.html\">Sandia National Laboratories Simulates Hawaii Microgrid and Photovoltaic Systems<\/a><span>\u00a0<\/span>&#8211; Customer Story<\/li>\n<li><a href=\"https:\/\/www.mathworks.com\/videos\/series\/microgrid-system-development-and-analysis.html\">Microgrid System Development and Analysis<span>\u00a0(3 videos)<\/span><\/a><span>\u00a0<\/span>&#8211; Video Series<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<hr \/>\n<\/div>\n<div>\n<div>\n<p><a name=\"windfarm_grid_integration\" id=\"windfarm_grid_integration\" data-hs-anchor=\"true\"><\/a><\/p>\n<h2><span style=\"font-weight: bold;\">Wind Farm Grid Integration<\/span><\/h2>\n<\/div>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<figure><img decoding=\"async\" src=\"https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co_596153106\/1\/image_copy.adapt.full.medium.jpg\/1700717193538.jpg\" alt=\"Wind Farm Grid Integration\" width=\"640\" height=\"360\" sizes=\"auto, (min-width: 1200px) 1140px, (min-width: 992px) 940px, calc(100vw - 30px)\" loading=\"lazy\" srcset=\"https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co_596153106\/1\/image_copy.adapt.150.medium.jpg\/1700717193538.jpg 150w, https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co_596153106\/1\/image_copy.adapt.320.medium.jpg\/1700717193538.jpg 320w, https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co_596153106\/1\/image_copy.adapt.480.medium.jpg\/1700717193538.jpg 480w, https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co_596153106\/1\/image_copy.adapt.620.medium.jpg\/1700717193538.jpg 620w, https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co_596153106\/1\/image_copy.adapt.full.medium.jpg\/1700717193538.jpg 640w\" data-aem-src=\"\/content\/dam\/mathworks\/technical-article\/2021\/climate-change-wind-farm-grid-integration.jpg\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<p>In Canada, wind energy has been the largest source of new electricity generation for more than 10 years. Engineers must fully understand how a new wind farm will perform before adding it to the grid. To accurately predict performance, they need to model the control system and power output of a single turbine, the aggregation of dozens of turbines into a wind farm, and the interaction of that wind farm with the larger network.<\/p>\n<p>Engineers at Hydro-Qu\u00e9bec built models in Simulink to represent individual turbines as well as entire wind farms. They use these simulations to forecast power output, plan the integration of wind farms into the grid, and ensure reliable operation of the overall power system.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<h5 style=\"font-weight: normal;\">Learn More About Grid Integration<\/h5>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li><a href=\"https:\/\/www.mathworks.com\/company\/user_stories\/hydro-qubec-models-wind-power-plant-performance.html\">Hydro-Qu\u00e9bec Models Wind Power Plant Performance<\/a><span>\u00a0<\/span>&#8211; Customer Story<\/li>\n<li><a href=\"https:\/\/www.mathworks.com\/videos\/renewable-grid-integration-studies-with-simscape-electrical-1543529438031.html\"><span><\/span>Renewable Grid Integration Studies with Simscape Electrical<span>\u00a0(45:05)<\/span><\/a><span>\u00a0<\/span>&#8211; Video Series<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<hr \/>\n<\/div>\n<div>\n<div>\n<p><a name=\"virtual_power_plant\" id=\"virtual_power_plant\" data-hs-anchor=\"true\"><\/a><\/p>\n<h2 style=\"font-weight: bold;\">Virtual Power Plant Development<\/h2>\n<\/div>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<p>The South Korean government, as part of its Korea Renewable Energy 3020 Plan, has set a goal of generating 20% of the country\u2019s energy from renewable sources within the next 10 years. The plan requires introducing multiple distributed energy resources (DERs)\u2014such as solar farms, wind farms, and energy storage systems\u2014into the grid, which can be destabilizing due to the difficult-to-predict power generation profiles of renewables.<\/p>\n<p>Virtual power plants address the challenge of incorporating multiple independent DERs by combining them into a single generation profile. VGen used MATLAB to create and deploy a standalone Optimization\/Trader system that included an AI-based forecasting model for renewable energy production as well as optimization modules to maximize profits in energy markets.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<figure><strong><img decoding=\"async\" src=\"https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co_975101163\/2\/image_copy.adapt.full.medium.jpg\/1700717193838.jpg\" alt=\"Virtual Power Plant Development\" width=\"640\" height=\"360\" sizes=\"auto, (min-width: 1200px) 1140px, (min-width: 992px) 940px, calc(100vw - 30px)\" loading=\"lazy\" srcset=\"https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co_975101163\/2\/image_copy.adapt.150.medium.jpg\/1700717193838.jpg 150w, https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co_975101163\/2\/image_copy.adapt.320.medium.jpg\/1700717193838.jpg 320w, https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co_975101163\/2\/image_copy.adapt.480.medium.jpg\/1700717193838.jpg 480w, https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co_975101163\/2\/image_copy.adapt.620.medium.jpg\/1700717193838.jpg 620w, https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co_975101163\/2\/image_copy.adapt.full.medium.jpg\/1700717193838.jpg 640w\" data-aem-src=\"\/content\/dam\/mathworks\/technical-article\/2021\/climate-change-virtual-power-plant-development.jpg\" \/><\/strong><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<h6 style=\"font-weight: normal;\">Learn More About Virtual Power Plant Development<\/h6>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li><a href=\"https:\/\/www.mathworks.com\/videos\/power-system-optimization-virtual-power-plants-and-microgrids-1607097761307.html\"><span>\u00a0<\/span>Energy Speaker Series &#8211; Module 4: Power System Optimization &#8211; Virtual Power Plants and Microgrids<span>\u00a0(33:00)<\/span><\/a><span>\u00a0<\/span>&#8211; Video<\/li>\n<li><a href=\"https:\/\/www.mathworks.com\/videos\/optimization-in-energy-management-systems-1561902499222.html\"><span><\/span>Optimization in Energy Management Systems<span>\u00a0(29:34)<\/span><\/a><span>\u00a0<\/span>&#8211; Video<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<hr \/>\n<\/div>\n<div>\n<div>\n<p><a name=\"energy_forecasting\" id=\"energy_forecasting\" data-hs-anchor=\"true\"><\/a><\/p>\n<h2><span style=\"font-weight: bold;\">Energy Forecasting<\/span><\/h2>\n<\/div>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<figure><img decoding=\"async\" src=\"https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co_326553676\/1\/image_copy.adapt.full.medium.jpg\/1700717194174.jpg\" alt=\"Energy Forecasting\" width=\"640\" height=\"360\" sizes=\"auto, (min-width: 1200px) 1140px, (min-width: 992px) 940px, calc(100vw - 30px)\" loading=\"lazy\" srcset=\"https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co_326553676\/1\/image_copy.adapt.150.medium.jpg\/1700717194174.jpg 150w, https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co_326553676\/1\/image_copy.adapt.320.medium.jpg\/1700717194174.jpg 320w, https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co_326553676\/1\/image_copy.adapt.480.medium.jpg\/1700717194174.jpg 480w, https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co_326553676\/1\/image_copy.adapt.620.medium.jpg\/1700717194174.jpg 620w, https:\/\/www.mathworks.com\/company\/technical-articles\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/_jcr_content\/mainParsys\/columns_copy_copy_co_326553676\/1\/image_copy.adapt.full.medium.jpg\/1700717194174.jpg 640w\" data-aem-src=\"\/content\/dam\/mathworks\/technical-article\/2021\/climate-change-energy-forecasting.jpg\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<p>One way to accelerate the adoption of renewable energy sources is to ensure their economic viability. Variations in local wind speeds make wind farm production and financial forecasting challenging.<\/p>\n<p>EDP Renewables North America uses MATLAB to generate accurate revenue predictions and revenue-at-risk projections by combining production estimates with forecasts of power prices on the futures market. Analysts at the company used MATLAB to develop automated systems for price forecasting and for portfolio and risk analysis. These systems are used to assess potential wind farm sites and guide both short-term and long-term business decisions.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<h5 style=\"font-weight: normal;\">Learn More About Energy Forecasting<\/h5>\n<\/div>\n<\/div>\n<div>\n<ul>\n<li><a href=\"https:\/\/www.mathworks.com\/company\/user_stories\/edp-renewables-develops-revenue-forecasting-and-risk-analysis-tools-for-wind-farms.html\">EDP Renewables North America Develops Revenue Forecasting and Risk Analysis Tools for Wind Farms<\/a><span>\u00a0<\/span>&#8211; Customer Story<\/li>\n<li><a href=\"https:\/\/www.mathworks.com\/videos\/using-machine-learning-and-deep-learning-for-energy-forecasting-with-matlab-1598543886039.html\"><span><\/span>Using Machine Learning and Deep Learning for Energy Forecasting with MATLAB<span>\u00a0(39:29)<\/span><\/a><span>\u00a0<\/span>&#8211; Video<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div><\/div>\n<p style=\"text-align: right;\"><small>Published 2021<\/small><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><a class=\"maxbutton-1 maxbutton maxbutton-get-quote\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/ascendas-asia.com\/vi\/contact-us\/\"><span class='mb-text'>Get Quote<\/span><\/a>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<a class=\"maxbutton-3 maxbutton maxbutton-download-a-free-trial\" target=\"_blank\" rel=\"noopener\" href=\"https:\/\/ascendas-asia.com\/vi\/free-matlab-trial\/\"><span class='mb-text'>Download a FREE Trial<\/span><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Scientists and engineers use MATLAB\u00ae\u00a0and Simulink\u00ae\u00a0to integrate solar, wind, and other sources of energy into the grid. These renewable energy sources help reduce dependence on fossil fuels and present unique opportunities for energy simulation, forecasting, and the use of distributed energy systems. See five examples of how engineers take advantage of these opportunities, and how [&hellip;]<\/p>","protected":false},"author":43,"featured_media":0,"parent":18,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"content-type":"","footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-8977","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.1 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Developing Renewable Energy Technologies to Mitigate Climate Change Using MATLAB and Simulink - TechSource Systems &amp; Ascendas Systems Group<\/title>\n<meta name=\"description\" content=\"Learn how scientists and engineers use MATLAB and Simulink to integrate renewable sources into the grid.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ascendas-asia.com\/vi\/resources\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/\" \/>\n<meta property=\"og:locale\" content=\"vi_VN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Developing Renewable Energy Technologies to Mitigate Climate Change Using MATLAB and Simulink\" \/>\n<meta property=\"og:description\" content=\"Learn how scientists and engineers use MATLAB and Simulink to integrate renewable sources into the grid.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ascendas-asia.com\/vi\/resources\/developing-renewable-energy-technologies-to-mitigate-climate-change-using-matlab-and-simulink\/\" \/>\n<meta property=\"og:site_name\" content=\"TechSource Systems &amp; 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