IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v36y2011i3p1668-1679.html
   My bibliography  Save this article

A corrected hybrid approach for wind speed prediction in Hexi Corridor of China

Author

Listed:
  • Guo, Zhenhai
  • Zhao, Jing
  • Zhang, Wenyu
  • Wang, Jianzhou

Abstract

Wind energy has been well recognized as a renewable resource in electricity generation, which is environmentally friendly, socially beneficial and economically competitive. For proper and efficient evaluation of wind energy, a hybrid Seasonal Auto-Regression Integrated Moving Average and Least Square Support Vector Machine (SARIMA–LSSVM) model is significantly developed to predict the mean monthly wind speed in Hexi Corridor. The design concept of combining the Seasonal Auto-Regression Integrated Moving Average (SARIMA) method with the Least Square Support Vector Machine (LSSVM) algorithm shows more powerful forecasting capacity for monthly wind speed prediction at wind parks, when compared with the single Auto-Regression Integrated Moving Average (ARIMA), SARIMA, LSSVM models and the hybrid Auto-Regression Integrated Moving Average and Support Vector Machine (ARIMA–SVM) model. To verify the developed approach, the monthly data from January 2001 to December 2006 in Mazong Mountain and Jiuquan are used for model construction and model testing. The simulation and hypothesis test results show that the developed method is simple and quite efficient.

Suggested Citation

  • Guo, Zhenhai & Zhao, Jing & Zhang, Wenyu & Wang, Jianzhou, 2011. "A corrected hybrid approach for wind speed prediction in Hexi Corridor of China," Energy, Elsevier, vol. 36(3), pages 1668-1679.
  • Handle: RePEc:eee:energy:v:36:y:2011:i:3:p:1668-1679
    DOI: 10.1016/j.energy.2010.12.063
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544210007693
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.energy.2010.12.063?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Palm, F. & Zellner, A., 1991. "To combine or not to combine? issues of combining forecasts," LIDAM Discussion Papers CORE 1991022, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    2. Yokuma, J. Thomas & Armstrong, J. Scott, 1995. "Beyond accuracy: Comparison of criteria used to select forecasting methods," International Journal of Forecasting, Elsevier, vol. 11(4), pages 591-597, December.
    3. 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.
    4. Winkler, Robert L., 1989. "Combining forecasts: A philosophical basis and some current issues," International Journal of Forecasting, Elsevier, vol. 5(4), pages 605-609.
    5. Makridakis, Spyros, 1989. "Why combining works?," International Journal of Forecasting, Elsevier, vol. 5(4), pages 601-603.
    6. Pai, Ping-Feng & Lin, Chih-Sheng, 2005. "A hybrid ARIMA and support vector machines model in stock price forecasting," Omega, Elsevier, vol. 33(6), pages 497-505, December.
    7. Sfetsos, A., 2002. "A novel approach for the forecasting of mean hourly wind speed time series," Renewable Energy, Elsevier, vol. 27(2), pages 163-174.
    8. Clemen, Robert T., 1989. "Combining forecasts: A review and annotated bibliography," International Journal of Forecasting, Elsevier, vol. 5(4), pages 559-583.
    9. Sfetsos, A., 2000. "A comparison of various forecasting techniques applied to mean hourly wind speed time series," Renewable Energy, Elsevier, vol. 21(1), pages 23-35.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Timmermann, Allan, 2006. "Forecast Combinations," Handbook of Economic Forecasting, in: G. Elliott & C. Granger & A. Timmermann (ed.), Handbook of Economic Forecasting, edition 1, volume 1, chapter 4, pages 135-196, Elsevier.
    2. Ata, Rasit, 2015. "Artificial neural networks applications in wind energy systems: a review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 49(C), pages 534-562.
    3. Cadenas, Erasmo & Rivera, Wilfrido, 2010. "Wind speed forecasting in three different regions of Mexico, using a hybrid ARIMA–ANN model," Renewable Energy, Elsevier, vol. 35(12), pages 2732-2738.
    4. Jiani Heng & Chen Wang & Xuejing Zhao & Liye Xiao, 2016. "Research and Application Based on Adaptive Boosting Strategy and Modified CGFPA Algorithm: A Case Study for Wind Speed Forecasting," Sustainability, MDPI, vol. 8(3), pages 1-25, March.
    5. Kajal Lahiri & Huaming Peng & Xuguang Simon Sheng, 2022. "Measuring Uncertainty of a Combined Forecast and Some Tests for Forecaster Heterogeneity," Advances in Econometrics, in: Essays in Honor of M. Hashem Pesaran: Prediction and Macro Modeling, volume 43, pages 29-50, Emerald Group Publishing Limited.
    6. Massimo Guidolin & Carrie Fangzhou Na, 2007. "The economic and statistical value of forecast combinations under regime switching: an application to predictable U.S. returns," Working Papers 2006-059, Federal Reserve Bank of St. Louis.
    7. Tripathi Manas & Kumar Saurabh & Inani Sarveshwar Kumar, 2021. "Exchange Rate Forecasting Using Ensemble Modeling for Better Policy Implications," Journal of Time Series Econometrics, De Gruyter, vol. 13(1), pages 43-71, January.
    8. Liu, Hui & Chen, Chao & Tian, Hong-qi & Li, Yan-fei, 2012. "A hybrid model for wind speed prediction using empirical mode decomposition and artificial neural networks," Renewable Energy, Elsevier, vol. 48(C), pages 545-556.
    9. Kourentzes, Nikolaos & Petropoulos, Fotios & Trapero, Juan R., 2014. "Improving forecasting by estimating time series structural components across multiple frequencies," International Journal of Forecasting, Elsevier, vol. 30(2), pages 291-302.
    10. Hu, Jianming & Wang, Jianzhou & Zeng, Guowei, 2013. "A hybrid forecasting approach applied to wind speed time series," Renewable Energy, Elsevier, vol. 60(C), pages 185-194.
    11. Aye, Goodness C. & Balcilar, Mehmet & Gupta, Rangan & Majumdar, Anandamayee, 2015. "Forecasting aggregate retail sales: The case of South Africa," International Journal of Production Economics, Elsevier, vol. 160(C), pages 66-79.
    12. Huiyu Huang & Tae-Hwy Lee, 2010. "To Combine Forecasts or to Combine Information?," Econometric Reviews, Taylor & Francis Journals, vol. 29(5-6), pages 534-570.
    13. Koo, Junmo & Han, Gwon Deok & Choi, Hyung Jong & Shim, Joon Hyung, 2015. "Wind-speed prediction and analysis based on geological and distance variables using an artificial neural network: A case study in South Korea," Energy, Elsevier, vol. 93(P2), pages 1296-1302.
    14. Sune Karlsson & Tor Jacobson, 2004. "Finding good predictors for inflation: a Bayesian model averaging approach," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 23(7), pages 479-496.
    15. Pennings, Clint L.P. & van Dalen, Jan & Rook, Laurens, 2019. "Coordinating judgmental forecasting: Coping with intentional biases," Omega, Elsevier, vol. 87(C), pages 46-56.
    16. Cheng, Gang & Yang, Yuhong, 2015. "Forecast combination with outlier protection," International Journal of Forecasting, Elsevier, vol. 31(2), pages 223-237.
    17. Salcedo-Sanz, Sancho & Ángel M. Pérez-Bellido, & Ortiz-García, Emilio G. & Portilla-Figueras, Antonio & Prieto, Luis & Paredes, Daniel, 2009. "Hybridizing the fifth generation mesoscale model with artificial neural networks for short-term wind speed prediction," Renewable Energy, Elsevier, vol. 34(6), pages 1451-1457.
    18. Akçay, Hüseyin & Filik, Tansu, 2017. "Short-term wind speed forecasting by spectral analysis from long-term observations with missing values," Applied Energy, Elsevier, vol. 191(C), pages 653-662.
    19. Mirakyan, Atom & Meyer-Renschhausen, Martin & Koch, Andreas, 2017. "Composite forecasting approach, application for next-day electricity price forecasting," Energy Economics, Elsevier, vol. 66(C), pages 228-237.
    20. Jha, Sunil Kr. & Bilalovic, Jasmin & Jha, Anju & Patel, Nilesh & Zhang, Han, 2017. "Renewable energy: Present research and future scope of Artificial Intelligence," Renewable and Sustainable Energy Reviews, Elsevier, vol. 77(C), pages 297-317.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:36:y:2011:i:3:p:1668-1679. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.