On practical challenges of decomposition-based hybrid forecasting algorithms for wind speed and solar irradiation

Yamin Wang and Lei Wu

Energy, 2016, vol. 112, issue C, 208-220

Abstract: This paper presents a comprehensive analysis on practical challenges of empirical mode decomposition (EMD) based algorithms on wind speed and solar irradiation forecasts that have been largely neglected in literature, and proposes an alternative approach to mitigate such challenges. Specifically, the challenges are: (1) Decomposed sub-series are very sensitive to the original time series data. That is, sub-series of the new time series, consisting of the original one plus a limit number of new data samples, may significantly differ from those used in training forecasting models. In turn, forecasting models established by original sub-series may not be suitable for newly decomposed sub-series and have to be trained more frequently; and (2) Key environmental factors usually play a critical role in non-decomposition based methods for forecasting wind speed and solar irradiation. However, it is difficult to incorporate such critical environmental factors into forecasting models of individual decomposed sub-series, because the correlation between the original data and environmental factors is lost after decomposition. Numerical case studies on wind speed and solar irradiation forecasting show that the performance of existing EMD-based forecasting methods could be worse than the non-decomposition based forecasting model, and are not effective in practical cases. Finally, the approximated forecasting model based on EMD is proposed to mitigate the challenges and achieve better forecasting results than existing EMD-based forecasting algorithms and the non-decomposition based forecasting models on practical wind speed and solar irradiation forecasting cases.

Keywords: Empirical mode decomposition; Wind and solar forecast (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:112:y:2016:i:c:p:208-220

DOI: 10.1016/j.energy.2016.06.075

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