Accurately Forecasting the Health of Energy System Assets

Abstract

In this paper we present a review into data driven prognostics and its relevance to resilience in energy systems. A data driven remaining useful life prediction for Li-ion batteries utilizing data analysis via a relevance vector machine (RVM) model is shown to be within 5% accuracy when applied to large lifecycle datasets. Results demonstrate that due to the agile nature of prognostic models and their accuracy, prognostics and health management methods will be vital to resilient and sustainable energy systems.