%0 Thesis %A Kritharas, Petros %D 2014 %T Developing a SARIMAX model for monthly wind speed forecasting in the UK %U https://repository.lboro.ac.uk/articles/thesis/Developing_a_SARIMAX_model_for_monthly_wind_speed_forecasting_in_the_UK/9533249 %2 https://repository.lboro.ac.uk/ndownloader/files/17162186 %K Long-term %K Variability %K Forecasting %K Wind speed %K Mechanical Engineering not elsewhere classified %X Wind is a fluctuating source of energy and, therefore, it can cause several technical impacts. These can be tackled by forecasting wind speed and thus wind power. The introduction of several statistical models in this field of research has brought to light promising results for improving wind speed predictions. However, there is not converging evidence on which is the optimal method. Over the last three decades, significant research has been carried out in the field of short-term forecasting using statistical models though less work focuses on longer timescales. The first part of this work concentrated on long-term wind speed variability over the UK. Two subsets have been used for assessing the variability of wind speed in the UK on both temporal and spatial coverage over a period representative of the expected lifespan of a wind farm. Two wind indices are presented with a calculated standard deviation of 4% . This value reveals that such changes in the average UK wind power capacity factor is equal to 7%. A parallel line of the research reported herein aimed to develop a novel statistical forecasting model for generating monthly mean wind speed predictions. It utilised long-term historic wind speed records from surface stations as well as reanalysis data. The methodology employed a SARIMAX model that incorporated monthly autocorrelation of wind speed and seasonality, and also included exogenous inputs. Four different cases were examined, each of which incorporated different independent variables. The results disclosed a strong association between the independent variables and wind speed showing correlations up to 0.72. Depending on each case, this relationship occurred from 4− up to 12−month lags. The inter comparison revealed an improvement in the forecasting accuracy of the proposed model compared to a similar model that did not take into account exogenous variables. This finding demonstrates the indisputable potential of using a SARIMAX for long-term wind speed forecasting. %I Loughborough University