Numerous studies on wind power forecasting show that random errors found in the prediction results cause uncertainty in wind power prediction and cannot be solved effectively using conventional point prediction methods. In contrast, interval prediction is gaining increasing attention as an effective approach as it can describe the uncertainty of wind power. A wind power interval forecasting app...

Some problems of point and interval prediction in a trend-renewal process (TRP) are considered. TRP’s, whose realizations depend on a renewal distribution as well as on a trend function, comprise the non-homogeneous Poisson and renewal processes and serve as useful reliability models for repairable systems. For these processes, some possible ideas and methods for constructing the predicted next...