Recent Advances in Long-Term Wind-Speed and -Power Forecasting: A Review

This review examines advancements and methodologies in long-term wind-speed and -power forecasting. It emphasizes the importance of these techniques in integrating wind energy into power systems. Covering a range of forecasting timeframes from monthly to multiyear projections, this paper highlights the diversity of applications and approaches. These applications and approaches are essential for managing the inherent variability and unpredictability of wind energy. Various forecasting methods, including statistical models, machine-learning techniques, and hybrid models, are discussed in detail. The review demonstrates how these methods improve forecast accuracy and reliability across different temporal and geographical scales. It also identifies significant challenges such as model complexity, data limitations, and the need to accommodate regional variations. Future improvements in wind forecasting include enhancing model integration, employing higher resolution data, and fostering collaborative research to further refine forecasting methodologies. This comprehensive analysis aims to advance knowledge on wind forecasting, facilitate the efficient integration of wind power into global energy systems, and contribute to sustainable energy development goals.