Evaluation of wind power forecasts – an up-to-date view
Messner, Jakob W. and Pinson, Pierre and Browell, Jethro and Bjerregård, Mathias B. and Schicker, Irene (2020) Evaluation of wind power forecasts – an up-to-date view. Wind Energy, 23 (6). pp. 1461-1481. ISSN 1095-4244 (https://doi.org/10.1002/we.2497)
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Abstract
Wind power forecast evaluation is of key importance for forecast provider selection, forecast quality control and model development. While forecasts are most often evaluated based on squared or absolute errors, these error measures do not always adequately reflect the loss functions and true expectations of the forecast user, neither do they provide enough information for the desired evaluation task. Over the last decade, research in forecast verification has intensified and a number of verification frameworks and diagnostic tools have been proposed. However, the corresponding literature is generally very technical and most often dedicated to forecast model developers. This can make forecast users struggle to select the most appropriate verification tools for their application while not fully appraising subtleties related to their application and interpretation. This paper revisits the most common verification tools from a forecast user perspective and discusses their suitability for different application examples as well as evaluation setup design and significance of evaluation results.
ORCID iDs
Messner, Jakob W., Pinson, Pierre, Browell, Jethro ORCID: https://orcid.org/0000-0002-5960-666X, Bjerregård, Mathias B. and Schicker, Irene;-
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Item type: Article ID code: 71442 Dates: DateEvent30 June 2020Published12 March 2020Published Online9 February 2020Accepted25 June 2019SubmittedSubjects: Technology > Electrical engineering. Electronics Nuclear engineering Department: Faculty of Engineering > Electronic and Electrical Engineering Depositing user: Pure Administrator Date deposited: 11 Feb 2020 16:45 Last modified: 26 Nov 2024 18:03 URI: https://strathprints.strath.ac.uk/id/eprint/71442