Since wind power is directly influenced by wind speed, long‐term wind speed forecasting (WSF) plays an important role for wind farm installation. WSF is essential for controlling, energy management and scheduled wind power generation in wind farm. The proposed investigation in this paper provides 30‐days‐ahead WSF. Nonlinear Autoregressive (NAR) and Nonlinear Autoregressive Exogenous (NARX) Neural Network (NN) with different network settings have been used to facilitate the wind power generation. The essence of this study is that it compares the effect of activation functions (namely, tansig and logsig) in the performance of time series forecasting since activation function is the core element of any artificial neural network model. A set of wind speed data was collected from different meteorological stations in Malaysia, situated in Kuala Lumpur, Kuantan, and Melaka. The proposed activation functions tansig of NARNN and NARXNN resulted in promising outcomes in terms of very small error between actual and predicted wind speed as well as the comparison for the logsig transfer function results.

This study aims to review the potential benefits of peak load shaving in a microgrid system. The relevance of peak shaving for a microgrid system is presented in this research review at the outset to justify the peak load shaving efficacy. The prospective benefits of peak shaving in microgrid systems, including technological, economic, and environmental advantages, are thoroughly examined. This review study also presents a cost–benefit numerical analysis to illustrate the economic viability of peak load shaving for a microgrid system. Different peak shaving approaches are briefly discussed, as well as the obstacles of putting them into practice. Finally, this review study reveals some potential future trends and possible directions for peak shaving research in microgrid systems. This review paper lays a strong foundation for identifying the potential benefits of peak shaving in microgrid systems and establishing suitable projects for practical effectuation.

Peak load reduction is one of the most essential obligations and cost-effective tasks for electrical energy consumers. An isolated microgrid (IMG) system is an independent limited capacity power system where the peak shaving application can perform a vital role in the economic operation. This paper presents a comparative analysis of a categorical variable decision tree algorithm (CVDTA) with the most common peak shaving technique, namely, the general capacity addition technique, to evaluate the peak shaving performance for an IMG system. The CVDTA algorithm deals with the hybrid photovoltaic (PV)—battery energy storage system (BESS) to provide the peak shaving service where the capacity addition technique uses a peaking generator to minimize the peak demand. An actual IMG system model is developed in MATLAB/Simulink software to analyze the peak shaving performance. The model consists of four major components such as, PV, BESS, variable load, and gas turbine generator (GTG) dispatch models for the proposed algorithm, where the BESS and PV models are not applicable for the capacity addition technique. Actual variable load data and PV generation data are considered to conduct the simulation case studies which are collected from a real IMG system. The simulation result exhibits the effectiveness of the CVDTA algorithm which can minimize the peak demand better than the capacity addition technique. By ensuring the peak shaving operation and handling the economic generation dispatch, the CVDTA algorithm can ensure more energy savings, fewer system losses, less operation and maintenance (O&M) cost, etc., where the general capacity addition technique is limited.