Title of article
Using genetic algorithms for estimating Weibull parameters with application to wind speed
Author/Authors
Burak Koca, Melih Department of Business Administration - Burdur Mehmet Akif Ersoy University, Turkey , Burak Kılıç, Muhammet Department of Business Administration - Burdur Mehmet Akif Ersoy University, Turkey , Şahin, Yusuf Department of Business Administration - Burdur Mehmet Akif Ersoy University, Turkey
Pages
10
From page
137
To page
146
Abstract
Renewable energy has become a prominent subject for researchers since fossil fuel reserves have been decreasing and are not promising to meet the energy demand of the future. Wind takes an important place in renewable energy resources and there is extensive research on wind speed modeling. Herein, one of the most commonly used distributions for wind speed modeling is the Weibull distribution with its simplicity and flexibility. Maximum likelihood (ML) method is the most frequently used technique in Weibull parameter estimation. Iterative techniques such as Newton-Raphson (NR) use random initial values to obtain the ML estimators of the parameters of the Weibull distribution. Therefore, the success of the iterative techniques highly depends on the initial value selection. In order to deliver a solution to the initial value problem, genetic algorithm (GA) is considered to obtain the estimators of the model parameters. The ML estimators obtained using the GA and NR techniques are compared with the method of moments (MoM) estimators via Monte Carlo simulation and wind speed applications. The results show that the ML estimators obtained using GA present superiority over MoM and the ML estimators obtained using NR.
Keywords
Weibull distribution , genetic algorithms , wind speed modeling , parameter estimation
Journal title
International Journal of Optimization and Control: Theories and Applications
Serial Year
2020
Full Text URL
Record number
2594485
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