Many time series are of short duration because data acquisition has, of necessity, proceeded for but a brief term. Such data have previously often been analyzed by methods that either do not explicitly take into account time related changes or that are designed for long time series. In this...

Scenarios of short-term wind power generation are becoming increasingly popular as input to multistage decision-making problems e.g. multivariate stochastic optimization and stochastic programming. The quality of these scenarios is intuitively expected to substantially impact the benefits from...