Wind Power Density Monte Carlo Simulation Quiz
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Questions and Answers

What type of forecasts are required for risk management in wind energy?

  • Ensemble forecasts
  • Density forecasts (correct)
  • Point forecasts
  • Log likelihood forecasts
  • How is wind power variability affected by the spatial locations of wind farms?

  • It is not affected by spatial diversification
  • It increases with spatial diversification (correct)
  • It becomes more intermittent with spatial diversification
  • It decreases with spatial diversification
  • What is the purpose of stepwise variable selection?

  • To add all variables to the model at once
  • To remove all variables from the model
  • To select variables based on their predictive value (correct)
  • To randomly select variables for the model
  • In stepwise variable selection, how are variables added or removed from the model?

    <p>Variables are added or removed based on their significance or correlation with others</p> Signup and view all the answers

    Which type of changes in wind power are typically analyzed when considering power system operations?

    <p>Positive and negative changes separately</p> Signup and view all the answers

    What was found to be the best in point forecasting based on the text?

    <p>Ensemble mean</p> Signup and view all the answers

    What is considered problematic for both electricity system operators and wind farm operators?

    <p>Wind power integration</p> Signup and view all the answers

    What problem does stepwise variable selection help to address?

    <p>Overfitting the model with too many variables</p> Signup and view all the answers

    Which statement best describes the starting point of stepwise variable selection?

    <p>Start with all variables and remove them one by one</p> Signup and view all the answers

    In the context of wind energy density forecasting, what is the purpose of ensemble predictions?

    <p>Provide alternative to ARGARCH</p> Signup and view all the answers

    What is the primary consideration when selecting variables using a stepwise approach?

    <p>The predictive value and correlation of variables</p> Signup and view all the answers

    Why is it important to eliminate some variables in stepwise variable selection?

    <p>To make the model more accurate</p> Signup and view all the answers

    What factor caused a high maximum error of 5500 MW in intraday wind power prediction for Germany?

    <p>Path of low-pressure system</p> Signup and view all the answers

    Which evaluation method assesses the probabilistic correctness of forecasts?

    <p>Reliability</p> Signup and view all the answers

    What aspect of the forecast quality assesses the ability to concentrate distribution?

    <p>Sharpness</p> Signup and view all the answers

    In the calibrated wind speed ensemble predictions, what does 'µtENS +k|t' represent?

    <p>Mean of the ensemble members for the square root of wind speed</p> Signup and view all the answers

    What could have been avoided with extreme event correction according to the text?

    <p>5500 MW maximum error</p> Signup and view all the answers

    What is the main assessment measure for evaluating the overall quality of forecasts?

    <p>Skill</p> Signup and view all the answers

    What method was used to convert 51 calibrated wind speed ensemble members into 51 wind power scenarios?

    <p>Kernel density estimation</p> Signup and view all the answers

    What type of forecast benchmark is compared to evaluate wind power predictions?

    <p>Linear ARIMA models</p> Signup and view all the answers

    Which parameter in the square root of wind speed ensemble forecast is denoted by 'bk'?

    <p>Calibration parameter</p> Signup and view all the answers

    What was evaluated using ARFI-GARCH from 1995 to 2003 and calibrated ensembles from 1997 to 2003?

    <p>Point Forecasting</p> Signup and view all the answers

    What does 'ENSS' represent in the context of the text?

    <p>Calibrated Wind Speed Ensemble Predictions</p> Signup and view all the answers

    Which approach used historical forecasts/verifications, kernel smoothing, and calibration jointly estimated?

    <p>Log-likelihood evaluation</p> Signup and view all the answers

    What are the main types of variability that need to be described when modeling daily wind speed data?

    <p>Intraday and intraweek variability</p> Signup and view all the answers

    Which wind farm has the highest annual homes equivalent based on its MW capacity?

    <p>Llyn Alaw, Anglesey</p> Signup and view all the answers

    Which wind turbine model was installed at Bears Down in Cornwall?

    <p>Bonus 34</p> Signup and view all the answers

    When fitting AR-GARCH models to the square root of wind speed, which parameter represents the mean?

    <p>$S(\mu, t)$</p> Signup and view all the answers

    For wind speed density construction, which types of distribution are typically used?

    <p>Gaussian and Poisson distribution</p> Signup and view all the answers

    What data transformation was applied before fitting AR-GARCH models to the wind speed data?

    <p>Square root transformation</p> Signup and view all the answers

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