Assessment of large scale wind power generation with new generation locations without measurement data
Author
Abstract
Suggested Citation
DOI: 10.1016/j.renene.2015.04.050
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Goić, R. & Krstulović, J. & Jakus, D., 2010. "Simulation of aggregate wind farm short-term production variations," Renewable Energy, Elsevier, vol. 35(11), pages 2602-2609.
- McNeil, Alexander J. & Frey, Rudiger, 2000. "Estimation of tail-related risk measures for heteroscedastic financial time series: an extreme value approach," Journal of Empirical Finance, Elsevier, vol. 7(3-4), pages 271-300, November.
- González-Longatt, F. & Wall, P. & Terzija, V., 2012. "Wake effect in wind farm performance: Steady-state and dynamic behavior," Renewable Energy, Elsevier, vol. 39(1), pages 329-338.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Murthy, K.S.R. & Rahi, O.P., 2016. "Preliminary assessment of wind power potential over the coastal region of Bheemunipatnam in northern Andhra Pradesh, India," Renewable Energy, Elsevier, vol. 99(C), pages 1137-1145.
- Yan Li & Ming Zhou & Dawei Wang & Yuehui Huang & Zifen Han, 2017. "Universal Generating Function Based Probabilistic Production Simulation Approach Considering Wind Speed Correlation," Energies, MDPI, vol. 10(11), pages 1-15, November.
- Jussi Ekström & Matti Koivisto & Ilkka Mellin & Robert John Millar & Matti Lehtonen, 2018. "A Statistical Modeling Methodology for Long-Term Wind Generation and Power Ramp Simulations in New Generation Locations," Energies, MDPI, vol. 11(9), pages 1-18, September.
- Arslan Ahmad Bashir & Andreas Lund & Mahdi Pourakbari-Kasmaei & Matti Lehtonen, 2021. "Optimizing Power and Heat Sector Coupling for the Implementation of Carbon-Free Communities," Energies, MDPI, vol. 14(7), pages 1-20, March.
- Mubbashir Ali & Jussi Ekström & Matti Lehtonen, 2018. "Sizing Hydrogen Energy Storage in Consideration of Demand Response in Highly Renewable Generation Power Systems," Energies, MDPI, vol. 11(5), pages 1-11, May.
- Arslan Ahmad Bashir & Matti Lehtonen, 2019. "Optimal Coordination of Aggregated Hydro-Storage with Residential Demand Response in Highly Renewable Generation Power System: The Case Study of Finland," Energies, MDPI, vol. 12(6), pages 1-16, March.
- Mubbashir Ali & Jussi Ekström & Matti Lehtonen, 2017. "Assessing the Potential Benefits and Limits of Electric Storage Heaters for Wind Curtailment Mitigation: A Finnish Case Study," Sustainability, MDPI, vol. 9(5), pages 1-15, May.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Jussi Ekström & Matti Koivisto & Ilkka Mellin & Robert John Millar & Matti Lehtonen, 2018. "A Statistical Modeling Methodology for Long-Term Wind Generation and Power Ramp Simulations in New Generation Locations," Energies, MDPI, vol. 11(9), pages 1-18, September.
- Sofiane Aboura, 2014. "When the U.S. Stock Market Becomes Extreme?," Risks, MDPI, vol. 2(2), pages 1-15, May.
- Jäger, Tobias & McKenna, Russell & Fichtner, Wolf, 2015. "Onshore wind energy in Baden-Württemberg: a bottom-up economic assessment of the socio-technical potential," Working Paper Series in Production and Energy 7, Karlsruhe Institute of Technology (KIT), Institute for Industrial Production (IIP).
- Berens, Tobias & Weiß, Gregor N.F. & Wied, Dominik, 2015. "Testing for structural breaks in correlations: Does it improve Value-at-Risk forecasting?," Journal of Empirical Finance, Elsevier, vol. 32(C), pages 135-152.
- Alex Huang, 2013. "Value at risk estimation by quantile regression and kernel estimator," Review of Quantitative Finance and Accounting, Springer, vol. 41(2), pages 225-251, August.
- Xi, Yanhui & Peng, Hui & Qin, Yemei & Xie, Wenbiao & Chen, Xiaohong, 2015. "Bayesian analysis of heavy-tailed market microstructure model and its application in stock markets," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 117(C), pages 141-153.
- Dimitrakopoulos, Dimitris N. & Kavussanos, Manolis G. & Spyrou, Spyros I., 2010. "Value at risk models for volatile emerging markets equity portfolios," The Quarterly Review of Economics and Finance, Elsevier, vol. 50(4), pages 515-526, November.
- Qifa Xu & Lu Chen & Cuixia Jiang & Yezheng Liu, 2022. "Forecasting expected shortfall and value at risk with a joint elicitable mixed data sampling model," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 41(3), pages 407-421, April.
- Marco Rocco, 2011. "Extreme value theory for finance: a survey," Questioni di Economia e Finanza (Occasional Papers) 99, Bank of Italy, Economic Research and International Relations Area.
- Luo, Weiwei & Brooks, Robert D. & Silvapulle, Param, 2011. "Effects of the open policy on the dependence between the Chinese 'A' stock market and other equity markets: An industry sector perspective," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 21(1), pages 49-74, February.
- Torben G. Andersen & Tim Bollerslev & Peter Christoffersen & Francis X. Diebold, 2007.
"Practical Volatility and Correlation Modeling for Financial Market Risk Management,"
NBER Chapters, in: The Risks of Financial Institutions, pages 513-544,
National Bureau of Economic Research, Inc.
- Torben G. Andersen & Tim Bollerslev & Peter F. Christoffersen & Francis X. Diebold, 2005. "Practical Volatility and Correlation Modeling for Financial Market Risk Management," NBER Working Papers 11069, National Bureau of Economic Research, Inc.
- Torben G. Andersen & Tim Bollerslev & Peter F. Christoffersen & Francis X. Diebold, 2005. "Practical Volatility and Correlation Modeling for Financial Market Risk Management," PIER Working Paper Archive 05-007, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Andersen, Torben G. & Bollerslev, Tim & Christoffersen, Peter F. & Diebold, Francis X., 2005. "Practical volatility and correlation modeling for financial market risk management," CFS Working Paper Series 2005/02, Center for Financial Studies (CFS).
- Ibrahim Ergen, 2014. "Tail dependence and diversification benefits in emerging market stocks: an extreme value theory approach," Applied Economics, Taylor & Francis Journals, vol. 46(19), pages 2215-2227, July.
- H. Kaibuchi & Y. Kawasaki & G. Stupfler, 2022.
"GARCH-UGH: a bias-reduced approach for dynamic extreme Value-at-Risk estimation in financial time series,"
Quantitative Finance, Taylor & Francis Journals, vol. 22(7), pages 1277-1294, July.
- Hibiki Kaibuchi & Yoshinori Kawasaki & Gilles Stupfler, 2021. "GARCH-UGH: A bias-reduced approach for dynamic extreme Value-at-Risk estimation in financial time series," Papers 2104.09879, arXiv.org.
- Martins-Filho, Carlos & Yao, Feng & Torero, Maximo, 2018.
"Nonparametric Estimation Of Conditional Value-At-Risk And Expected Shortfall Based On Extreme Value Theory,"
Econometric Theory, Cambridge University Press, vol. 34(1), pages 23-67, February.
- Carlos Martins-Filho & Feng Yao & Maximo Torero, 2012. "Nonparametric estimation of conditional value-at-risk and expected shortfall based on extreme value theory," Working Papers 13-05, Department of Economics, West Virginia University.
- Evangelos Vasileiou, 2022. "Inaccurate Value at Risk Estimations: Bad Modeling or Inappropriate Data?," Computational Economics, Springer;Society for Computational Economics, vol. 59(3), pages 1155-1171, March.
- Xisong Jin, 2018. "How much does book value data tell us about systemic risk and its interactions with the macroeconomy? A Luxembourg empirical evaluation," BCL working papers 118, Central Bank of Luxembourg.
- Oliver Linton & Dajing Shang & Yang Yan, 2012. "Efficient estimation of conditional risk measures in a semiparametric GARCH model," CeMMAP working papers 25/12, Institute for Fiscal Studies.
- Fong Chan, Kam & Gray, Philip, 2006. "Using extreme value theory to measure value-at-risk for daily electricity spot prices," International Journal of Forecasting, Elsevier, vol. 22(2), pages 283-300.
- Ra l De Jes s Guti rrez & Lidia E. Carvajal Guti rrez & Oswaldo Garcia Salgado, 2023. "Value at Risk and Expected Shortfall Estimation for Mexico s Isthmus Crude Oil Using Long-Memory GARCH-EVT Combined Approaches," International Journal of Energy Economics and Policy, Econjournals, vol. 13(4), pages 467-480, July.
- Polanski, Arnold & Stoja, Evarist, 2017. "Forecasting multidimensional tail risk at short and long horizons," International Journal of Forecasting, Elsevier, vol. 33(4), pages 958-969.
More about this item
Keywords
Autoregressive model; Monte Carlo simulation; Power system planning; Weibull distribution; Wind power; Wind speed;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:renene:v:83:y:2015:i:c:p:362-374. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/renewable-energy .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.