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This article examines the efficiency of wind energy production. We quantify production losses in four wind parks across Germany for 19 wind turbines with non-convex efficiency analysis. In a second stage regression, we adapt the linear regression results of Kneip, Simar, Wilson (2014) to explain...
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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...
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The adoption of wind energy has grown significantly in recent years. New, cost-effective technologies have been developed, led by customer awareness of green technologies and a legal framework proposed at the European Union level. The stochastic nature of wind speed is transferred to wind...
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In most European countries in the energy sector, a reconsideration of renewable energy priorities is taking place, increasing consumer safety and protecting the environment through the use of renewable energy sources that provide an affordable and guaranteed solution in the medium and long term....
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