Characterizing Wind Power Forecast Error Using Extreme Value Theory and Copulas

Wind energy is one of the fastest-growing renewable energy sources in the world. However, wind power is variable in all timescales. This variability is difficult to predict with perfect certainty, with potentially significant financial implications when rare extreme forecast errors occur. This paper...

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Bibliographic Details
Main Authors: Ndamulelo Mararakanye, Amaris Dalton, Bernard Bekker
Format: Article
Language:English
Published: IEEE 2022-01-01
Series:IEEE Access
Subjects:
Online Access:https://ieeexplore.ieee.org/document/9786739/