2021
DOI: 10.3390/en14206782
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A Comparative Analysis of the ARIMA and LSTM Predictive Models and Their Effectiveness for Predicting Wind Speed

Abstract: Forecasting wind speed has become one of the most attractive topics to researchers in the field of renewable energy due to its use in generating clean energy, and the capacity for integrating it into the electric grid. There are several methods and models for time series forecasting at the present time. Advancements in deep learning methods characterize the possibility of establishing a more developed multistep prediction model than shallow neural networks (SNNs). However, the accuracy and adequacy of long-ter… Show more

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Cited by 86 publications
(42 citation statements)
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References 23 publications
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“…We estimated the hourly demand for five communities and 1164 square grids. Existing studies have demonstrated that the LSTM used in this study has excellent predictive power when forecasting time series data [53][54][55][56]. LSTM and historical analysis (HA) were used to predict hourly demand.…”
Section: Prediction Of Demandmentioning
confidence: 99%
“…We estimated the hourly demand for five communities and 1164 square grids. Existing studies have demonstrated that the LSTM used in this study has excellent predictive power when forecasting time series data [53][54][55][56]. LSTM and historical analysis (HA) were used to predict hourly demand.…”
Section: Prediction Of Demandmentioning
confidence: 99%
“…[6] experimental results show that the ANN model does a better job than the ARIMA model. Meanwhile, [7] research shows that the LSTM method is more accurate than ARIMA, but without showing the results of ANN and RNN.…”
Section: Introductionmentioning
confidence: 96%
“…Today wind speed forecasting has become one of the most interesting topics in the field of renewable energy, because it can produce clean energy, and its capacity can be integrated into the grid. [6] and [7] research compared the autoregressive integrated moving average (ARIMA) model, with artificial neural networks (ANN), RNN and LSTM, to estimate wind speed in the future. The model is applied to wind speed data for each month.…”
Section: Introductionmentioning
confidence: 99%
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“…Statistical models have better prediction results for the linear part of the wind speed series. However, the actual wind speed series usually exhibit prominent nonlinear and non-smooth properties, when statistical models may obtain undesirable prediction results [10].…”
Section: Introductionmentioning
confidence: 99%