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Recent years have seen a growing trend in wind and solar energy generation globally and it is expected that an important percentage of total energy production comes from these energy sources. However, they present inherent variability that implies fluctuations in energy generation that are difficult to forecast. Thus, forecasting errors have a considerable role in the impacts and costs of renewable...
Wind has been the largest contributor to the growth of renewal energy during the early 21st century. However, the natural uncertainty that arises in assessing the wind resource implies the occurrence of wind power forecasting errors which perform a considerable role in the impacts and costs in the wind energy integration and its commercialization. The main goal of this paper is to provide a deeper...
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