Wind Power Forecasting

Abstract

The wind power generation depends on wind speed and its derivatives like: wind speed and direction. With consideration of stochastic nature of wind power, this work addresses three main issues: first, it discusses the state of art of energy forecasting with emphasis on wind power forecasting. It provides an overview of different variables on which wind power generation depends and explains various key features regarding the design framework of forecasting models. Second, it performs an assessment, detailed comparison and evaluation of the forecasting performance of various types of models; and third, evaluates the uncertainty of expected outcomes with the help of probabilistic measures.