A Method for Estimating Annual Energy Production Using Monte Carlo Wind Speed Simulation

A novel Monte Carlo (MC) approach is proposed for the simulation of wind speed samples to assess the wind energy production potential of a site. The Monte Carlo approach is based on historical wind speed data and reserves the effect of autocorrelation and seasonality in wind speed observations. No d...

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Bibliographic Details
Main Authors: Birgir Hrafnkelsson, Gudmundur V. Oddsson, Runar Unnthorsson
Format: Article
Language:English
Published: MDPI AG 2016-04-01
Series:Energies
Subjects:
Online Access:http://www.mdpi.com/1996-1073/9/4/286