In the wind power industry, wind speed forecasts are obtained and transformed into wind power forecasts. The Mycielski algorithm has proven to be an accurate predictor for wind speed in short-term scenarios. Moreover, Mycielski has the capability of forecasting wind power directly, instead of...

We provide a wind power forecasting methodology that exploits many of the actual data's statistical features, in particular both-sided censoring. While other tools ignore many of the important stylized facts or provide forecasts for short-term horizons only, our approach focuses on medium-term...