This paper proposes two general procedures to develop wind speed models based on stochastic differential equations. Models are intended to generate wind speed trajectories with statistical properties similar to those observed in the wind speed historical data available for a particular location....

Discovering relevant, but possibly hidden, variables is a key step in constructing useful and predictive theories about the natural world. This brief note explains the connections between three approaches to this problem: the recently introduced information-bottleneck method, the computational...