Economical effects of the Weibull parameter estimation on wind energy projects

被引:2
|
作者
Ramos-Robles, CA [1 ]
Irizarry-Rivera, AA [1 ]
机构
[1] Univ Puerto Rico, Mayaguez, PR 00681 USA
关键词
engineering economics; least squares methods; maximum likelihood estimation; Monte Carlo methods; risk analysis; Weibull probability distribution;
D O I
10.1109/NAPS.2005.1560595
中图分类号
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号
0807 ; 0820 ;
摘要
In this paper we analyze wind measurements using the Weibull probability density function (PDF). We estimate the shape factor (k) and the scale factor (c) of a Weibull PDF using Maximum Likelihood Estimators (MLE) and the Least Squares Estimation (LSE) method. We then compare the energy production results that would be obtained when using the parameters estimated with each method. An economical analysis is performed to show the effects of overestimating or underestimating energy production caused by an erroneous estimation of the Weibull PDF parameters. Finally a Monte Carlo simulation is performed to asses the economical risk that the shape and scale parameters represent to the outcome of the project.
引用
收藏
页码:597 / 602
页数:6
相关论文
共 50 条
  • [21] An innovative estimation method regarding Weibull parameters for wind energy applications
    Usta, Ilhan
    ENERGY, 2016, 106 : 301 - 314
  • [22] Wind energy resource assessment for Vanuatu with accurate estimation of Weibull parameters
    Singh, Krishneel
    Bule, Leonie
    Khan, M. G. M.
    Ahmed, M. Rafiuddin
    ENERGY EXPLORATION & EXPLOITATION, 2019, 37 (06) : 1804 - 1833
  • [23] Estimation of Weibull Parameters using Graphical Method for Wind Energy Applications
    Murthy, K. S. R.
    Rahi, O. P.
    2014 EIGHTEENTH NATIONAL POWER SYSTEMS CONFERENCE (NPSC), 2014,
  • [24] On best estimation for parameter weibull distribution
    Alkutubi, Hadeel Salim
    World Academy of Science, Engineering and Technology, 2011, 51 : 281 - 283
  • [25] Inference of sampling on Weibull parameter estimation
    Jacquelin, J
    IEEE TRANSACTIONS ON DIELECTRICS AND ELECTRICAL INSULATION, 1996, 3 (06) : 809 - 816
  • [26] Parameter estimation of the Weibull probability distribution
    Pang, WK
    BAYESIAN INFERENCE AND MAXIMUM ENTROPY METHODS IN SCIENCE AND ENGINEERING, 2004, 735 : 549 - 554
  • [27] PARAMETER-ESTIMATION FOR WEIBULL DISTRIBUTION
    STONE, GC
    VANHEESWIJK, RG
    IEEE TRANSACTIONS ON ELECTRICAL INSULATION, 1977, 12 (04): : 253 - 261
  • [28] Wind Energy Potential Assessment by Weibull Parameter Estimation Using Multiverse Optimization Method: A Case Study of Tirumala Region in India
    Kumar, Mekalathur B. Hemanth
    Balasubramaniyan, Saravanan
    Padmanaban, Sanjeevikumar
    Holm-Nielsen, Jens Bo
    ENERGIES, 2019, 12 (11)
  • [29] Estimation of the wind energy potential for coastal locations in India using the Weibull model
    Deep, Sneh
    Sarkar, Arnab
    Ghawat, Mayur
    Rajak, Manoj Kumar
    RENEWABLE ENERGY, 2020, 161 : 319 - 339
  • [30] Optimum Method for Determining Weibull Distribution Parameters Used in Wind Energy Estimation
    Aras, Nil
    Erisoglu, Ulku
    Yildizay, Hasan D.
    PAKISTAN JOURNAL OF STATISTICS AND OPERATION RESEARCH, 2020, 16 (04) : 635 - 648