Principal wind turbines for a conditional portfolio approach to wind farms

Vitor V. Lopes, Teresa Scholz, Frank Raischel and Pedro G. Lind

Papers from arXiv.org

Abstract: We introduce a measure for estimating the best risk-return relation of power production in wind farms within a given time-lag, conditioned to the velocity field. The velocity field is represented by a scalar that weighs the influence of the velocity at each wind turbine at present and previous time-steps for the present "state" of the wind field. The scalar measure introduced is a linear combination of the few turbines, that most influence the overall power production. This quantity is then used as the condition for computing a conditional expected return and corresponding risk associated to the future total power output.

Date: 2014-04
References: View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://arxiv.org/pdf/1404.0375 Latest version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1404.0375

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().