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Spatial--temporal model for wind speed in Lithuania

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  • Jūratė Šaltytė Benth
  • Laura Šaltytė

Abstract

In this paper, we propose a spatial--temporal model for the wind speed (WS). We first estimate the model at the single spatial meteorological station independently on spatial correlations. The temporal model contains seasonality, a higher-order autoregressive component and a variance describing the remaining heteroskedesticity in residuals. We then model spatial dependencies by a Gaussian random field. The model is estimated on daily WS records from 18 meteorological stations in Lithuania. The validation procedure based on out-of-sample observations shows that the proposed model is reliable and can be used for various practical applications.

Suggested Citation

  • Jūratė Šaltytė Benth & Laura Šaltytė, 2011. "Spatial--temporal model for wind speed in Lithuania," Journal of Applied Statistics, Taylor & Francis Journals, vol. 38(6), pages 1151-1168, April.
    • Handle: RePEc:taf:japsta:v:38:y:2011:i:6:p:1151-1168
    DOI: 10.1080/02664763.2010.491857
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    References listed on IDEAS

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    1. Richard E. Chandler & Steven Bate, 2007. "Inference for clustered data using the independence loglikelihood," Biometrika, Biometrika Trust, vol. 94(1), pages 167-183.
    2. Fred Espen Benth & Jurate Saltyte-Benth, 2005. "Stochastic Modelling of Temperature Variations with a View Towards Weather Derivatives," Applied Mathematical Finance, Taylor & Francis Journals, vol. 12(1), pages 53-85.
    3. Celik, Ali Naci, 2004. "A statistical analysis of wind power density based on the Weibull and Rayleigh models at the southern region of Turkey," Renewable Energy, Elsevier, vol. 29(4), pages 593-604.
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