ARMA based approaches for forecasting the tuple of wind speed and direction
AbstractShort-term forecasting of wind speed and direction is of great importance to wind turbine operation and efficient energy harvesting. In this study, the forecasting of wind speed and direction tuple is performed. Four approaches based on autoregressive moving average (ARMA) method are employed for this purpose. The first approach features the decomposition of the wind speed into lateral and longitudinal components. Each component is represented by an ARMA model, and the results are combined to obtain the wind direction and speed forecasts. The second approach employs two independent ARMA models - a traditional ARMA model for predicting wind speed and a linked ARMA model for wind direction. The third approach features vector autoregression (VAR) models to forecast the tuple of wind attributes. The fourth approach involves employing a restricted version of the VAR approach to predict the same. By employing these four approaches, the hourly mean wind attributes are forecasted 1-h ahead for two wind observation sites in North Dakota, USA. The results are compared using the mean absolute error (MAE) as a measure for forecasting quality. It is found that the component model is better at predicting the wind direction than the traditional-linked ARMA model, whereas the opposite is observed for wind speed forecasting. Utilizing VAR approaches rather than the univariate counterparts brings modest improvement in wind direction prediction but not in wind speed prediction. Between restricted and unrestricted versions of VAR models, there is little difference in terms of forecasting performance.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Elsevier in its journal Applied Energy.
Volume (Year): 88 (2011)
Issue (Month): 4 (April)
Contact details of provider:
Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/description#description
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Xydis, G. & Koroneos, C. & Loizidou, M., 2009. "Exergy analysis in a wind speed prognostic model as a wind farm sitting selection tool: A case study in Southern Greece," Applied Energy, Elsevier, vol. 86(11), pages 2411-2420, November.
- Li, Gong & Shi, Jing, 2010. "On comparing three artificial neural networks for wind speed forecasting," Applied Energy, Elsevier, vol. 87(7), pages 2313-2320, July.
- John C. Robertson & Ellis W. Tallman, 1999.
"Improving forecasts of the federal funds rate in a policy model,"
99-3, Federal Reserve Bank of Atlanta.
- Robertson, John C & Tallman, Ellis W, 2001. "Improving Federal-Funds Rate Forecasts in VAR Models Used for Policy Analysis," Journal of Business & Economic Statistics, American Statistical Association, vol. 19(3), pages 324-30, July.
- Morales, J.M. & Mínguez, R. & Conejo, A.J., 2010. "A methodology to generate statistically dependent wind speed scenarios," Applied Energy, Elsevier, vol. 87(3), pages 843-855, March.
- Henning Bohn, 1998. "The Behavior Of U.S. Public Debt And Deficits," The Quarterly Journal of Economics, MIT Press, vol. 113(3), pages 949-963, August.
- Buckle, Robert A. & Kim, Kunhong & Kirkham, Heather & McLellan, Nathan & Sharma, Jarad, 2007. "A structural VAR business cycle model for a volatile small open economy," Economic Modelling, Elsevier, vol. 24(6), pages 990-1017, November.
- Vereda, Luciano & Lopes, Hélio & Fukuda, Regina, 2008. "Estimating VAR models for the term structure of interest rates," Insurance: Mathematics and Economics, Elsevier, vol. 42(2), pages 548-559, April.
- Carolin Mabel, M. & Fernandez, E., 2008. "Analysis of wind power generation and prediction using ANN: A case study," Renewable Energy, Elsevier, vol. 33(5), pages 986-992.
- Thiaw, L. & Sow, G. & Fall, S.S. & Kasse, M. & Sylla, E. & Thioye, S., 2010. "A neural network based approach for wind resource and wind generators production assessment," Applied Energy, Elsevier, vol. 87(5), pages 1744-1748, May.
- Bouzgou, Hassen & Benoudjit, Nabil, 2011. "Multiple architecture system for wind speed prediction," Applied Energy, Elsevier, vol. 88(7), pages 2463-2471, July.
- Liu, Hui & Tian, Hong-qi & Pan, Di-fu & Li, Yan-fei, 2013. "Forecasting models for wind speed using wavelet, wavelet packet, time series and Artificial Neural Networks," Applied Energy, Elsevier, vol. 107(C), pages 191-208.
- Chen, Kuilin & Yu, Jie, 2014. "Short-term wind speed prediction using an unscented Kalman filter based state-space support vector regression approach," Applied Energy, Elsevier, vol. 113(C), pages 690-705.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.