Abstract

Wind energy is becoming the fastest growing energy technology in the world. As wind power provides a clean and cheap opportunity for future power generation, many countries have started harnessing it [1], [2], [3], [4].Wind is a highly fluctuating resource. A reliable prediction system is required in order to absorb a large fraction of wind power in the electrical systems. As electricity markets are moving towards wind energy, a reliable and accurate wind power prediction system will be beneficial for all wind plant operators, utility operators and for utility customers as well. Only accurate predictions can make it possible for grid operators to schedule the efficient and economic power generation in order to meet the demand of utility customers.

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