Short-Term Wind Power Interval Forecasting Based on an EEMD-RT-RVM Model

• Main Authors: Haixiang Zang, Lei Fan, Mian Guo, Zhinong Wei, Guoqiang Sun, Li Zhang
• Format: Article
• Language: English
• Published: Hindawi Limited 2016-01-01
• Series: Advances in Meteorology
• Online Access: http://dx.doi.org/10.1155/2016/8760780

Accurate short-term wind power forecasting is important for improving the security and economic success of power grids. Existing wind power forecasting methods are mostly types of deterministic point forecasting. Deterministic point forecasting is vulnerable to forecasting errors and cannot effectively deal with the random nature of wind power. In order to solve the above problems, we propose a short-term wind power interval forecasting model based on ensemble empirical mode decomposition (EEMD), runs test (RT), and relevance vector machine (RVM). First, in order to reduce the complexity of data, the original wind power sequence is decomposed into a plurality of intrinsic mode function (IMF) components and residual (RES) component by using EEMD. Next, we use the RT method to reconstruct the components and obtain three new components characterized by the fine-to-coarse order. Finally, we obtain the overall forecasting results (with preestablished confidence levels) by superimposing the forecasting results of each new component. Our results show that, compared with existing methods, our proposed short-term interval forecasting method has less forecasting errors, narrower interval widths, and larger interval coverage percentages. Ultimately, our forecasting model is more suitable for engineering applications and other forecasting methods for new energy.