A Stochastic Approach for the State-Wise Forecast of Wind Speed Using Discrete-Time Markov Chain.
Mounika YakasiriJoyce AvrelSwathi SharmaM. AnuradhaB. K. KeshavanPublished in: TENCON (2019)
Keyphrases
- markov chain
- wind speed
- transition probabilities
- markov processes
- state space
- monte carlo
- state transition
- stochastic process
- finite state
- steady state
- short term
- wind power
- monte carlo method
- random walk
- markov process
- markov model
- monte carlo simulation
- stationary distribution
- transition matrix
- meteorological data
- long term
- markov chain monte carlo
- posterior distribution
- markov decision processes
- dynamic programming