Short-Term Wind Speed Forecasting Model Using Hybrid Neural Networks and Wavelet Packet Decomposition

Abstract Wind speed is one of the most vital, imperative meteorological parameters, thus the prediction of which is of fundamental importance in the studies related to energy management, building construction, damages caused by strong winds, aquatic needs of power plants, the prevalence and spread of diseases, snowmelt, and air pollution. Due to the discrete and nonlinear structure of wind speed, wind speed forecasting at regular intervals is a crucial problem. In this regard, a wide variety of prediction methods have been applied. So far, many activities have been done in order to make optimal use of renewable energy sources such as wind, which have led to the present diverse types of wind speed and strength measuring methods in the various geographical locations. In this paper, a novel forecasting model based on hybrid neural networks (HNNs) and wavelet packet decomposition (WPD) processor has been proposed to predict wind speed. Considering this scenario, the accuracy of the proposed method is compared with other wind speed prediction methods to ensure performance improvement.