This paper presents a novel approach to temperature probability density distribution and function. Probability density functions and frequency are successfully used in wind speed and solar energy analyses in literature. This study applies these data to temperature data analysis. The present...

This paper presents a new formulation for the turbine-site matching problem, based on wind speed characteristics at any site, the power performance curve parameters of any pitch-regulated wind turbine, as well as turbine size and tower height. Wind speed at any site is characterized by the...

The aim of this paper is to analyse cross-country differences for shares of renewable electricity in the EU-27 for the period 1996–2005. We carry out a standard convergence analysis and then examine the evolution of the entire distribution, namely the external shape, intra-distributional...

In this paper we test the information content of risk-neutral density functions estimated by the method of Malz [1997. Estimating the probability distribution of the future exchange rate from options prices. Journal of Derivatives 5, no. 2: 18-36]. The main question is whether risk-neutral...

Using option prices the expectations of the market participants concerning the underlying asset can be extracted as well as the uncertainty surrounding these expectations. In this paper a mixture of lognormal density functions will be assumed to analyze options on three-month Euribor futures for...