Wind power forecasting based on outlier smooth transition autoregressive GARCH model

Abstract The impacts of outlying shocks on wind power time series are explored by considering the outlier effect in the volatility of wind power time series. A novel short term wind power forecasting method based on outlier smooth transition autoregressive (OSTAR) structure is advanced, then, combin...

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Bibliographic Details
Main Authors: Hao CHEN, Fangxing LI, Yurong WANG
Format: Article
Language:English
Published: IEEE 2016-09-01
Series:Journal of Modern Power Systems and Clean Energy
Subjects:
Online Access:http://link.springer.com/article/10.1007/s40565-016-0226-3