BBVA Research
Abstract:Transformers are vital assets for the reliable and efficient operation of power and energy systems. They support the integration of renewables to the grid through improved grid stability and operation efficiency. Monitoring the health of transformers is essential to ensure grid reliability and efficiency. Thermal insulation ageing is a key transformer failure mode, which is generally tracked by monitoring the hotspot temperature (HST). However, HST measurement is complex and expensive and often estimated from indirect measurements. Existing computationally-efficient HST models focus on space-agnostic thermal models, providing worst-case HST estimates. This article introduces an efficient spatio-temporal model for transformer winding temperature and ageing estimation, which leverages physics-based partial differential equations (PDEs) with data-driven Neural Networks (NN) in a Physics Informed Neural Networks (PINNs) configuration to improve prediction accuracy and acquire spatio-temporal resolution. The computational efficiency of the PINN model is improved through the implementation of the Residual-Based Attention scheme that accelerates the PINN model convergence. PINN based oil temperature predictions are used to estimate spatio-temporal transformer winding temperature values, which are validated through PDE resolution models and fiber optic sensor measurements, respectively. Furthermore, the spatio-temporal transformer ageing model is inferred, aiding transformer health management decision-making and providing insights into localized thermal ageing phenomena in the transformer insulation. Results are validated with a distribution transformer operated on a floating photovoltaic power plant.
Abstract:We use the aggregate information from individual-to-firm and firm-to-firm in Garanti BBVA Bank transactions to mimic domestic private demand. Particularly, we replicate the quarterly national accounts aggregate consumption and investment (gross fixed capital formation) and its bigger components (Machinery and Equipment and Construction) in real time for the case of Turkey. In order to validate the usefulness of the information derived from these indicators we test the nowcasting ability of both indicators to nowcast the Turkish GDP using different nowcasting models. The results are successful and confirm the usefulness of Consumption and Investment Banking transactions for nowcasting purposes. The value of the Big data information is more relevant at the beginning of the nowcasting process, when the traditional hard data information is scarce. This makes this information specially relevant for those countries where statistical release lags are longer like the Emerging Markets.