Related papers: Using the lasso method for space-time short-term w…

This study presents a hybrid neural network model for short-term (1-6 hours ahead) surface wind speed forecasting, combining Numerical Weather Prediction (NWP) with observational data from ground weather stations. It relies on the MeteoNet…

Accurate marine wind forecasts are essential for safe navigation, ship routing, and energy operations, yet they remain challenging because observations over the ocean are sparse, heterogeneous, and temporally variable. We reformulate wind…

Due to insufficient local area information, numerical weather prediction (NWP) may yield biases for specific areas. Previous studies correct biases mainly by employing handcrafted features or applying data-driven methods intuitively,…

We present a regime-switching vector-autoregressive method for very-short-term wind speed forecasting at multiple locations with regimes based on large-scale meteorological phenomena. Statistical methods short-term wind forecasting…

Volatility forecasts are key inputs in financial analysis. While lasso based forecasts have shown to perform well in many applications, their use to obtain volatility forecasts has not yet received much attention in the literature. Lasso…

Short term load forecasting has an essential medium for the reliable, economical and efficient operation of the power system. Most of the existing forecasting approaches utilize fixed statistical models with large historical data for…

Precisely forecasting wind speed is essential for wind power producers and grid operators. However, this task is challenging due to the stochasticity of wind speed. To accurately predict short-term wind speed under uncertainties, this paper…

The majority of real-world processes are spatiotemporal, and the data generated by them exhibits both spatial and temporal evolution. Weather is one of the most essential processes in this domain, and weather forecasting has become a…

Electricity is difficult to store, except at prohibitive cost, and therefore the balance between generation and load must be maintained at all times. Electricity is traditionally managed by anticipating demand and intermittent production…

Recently, considerable interest has focused on variable selection methods in regression situations where the number of predictors, $p$, is large relative to the number of observations, $n$. Two commonly applied variable selection approaches…

Wind power forecasting helps with the planning for the power systems by contributing to having a higher level of certainty in decision-making. Due to the randomness inherent to meteorological events (e.g., wind speeds), making highly…

This paper describes a statistical method for short-term forecasting of surface layer wind velocity amplitude relying on the notion of continuous cascades. Inspired by recent empirical findings that suggest the existence of some cascading…

This study aims to improve the spatial representation of uncertainties when regressing surface wind speeds from large-scale atmospheric predictors for sub-seasonal forecasting. Sub-seasonal forecasting often relies on large-scale…

Accurate short-term wind speed forecasting is needed for the rapid development and efficient operation of wind energy resources. This is, however, a very challenging problem. Although on the large scale, the wind speed is related to…

The application of the lasso is espoused in high-dimensional settings where only a small number of the regression coefficients are believed to be nonzero. Moreover, statistical properties of high-dimensional lasso estimators are often…

Data driven weather models now approach traditional numerical weather prediction (NWP) skill at short to medium lead times, but their dynamical consistency during autoregressive rollout remains uncertain.

Wind flow can be highly unpredictable and can suffer substantial fluctuations in speed and direction due to the shape and height of hills, mountains, and valleys, making accurate wind speed (WS) forecasting essential in complex terrain.…

Accurate high-resolution spatial and temporal wind speed data is critical for estimating the wind energy potential of a location. For real-time wind speed prediction, statistical models typically depend on high-quality (near) real-time data…

Precipitation is a complex physical process that varies in space and time. Predictions and interpolations at unobserved times and/or locations help to solve important problems in many areas. In this paper, we present a hierarchical Bayesian…

Wind energy is becoming an increasingly crucial component of a sustainable grid, but its inherent variability and limited predictability present challenges for grid operators. The energy sector needs novel forecasting techniques that can…