5. Conclusions
The main results obtained from the presented study can be listed
as follows:
1. TWD, which includes usual WD as a special case, is used to
model wind speed data for the first time.
2. A Monte Carlo simulation is carried out to find the best estimation
method for TWD. The simulation results show that ML
among the considered methods seems to be a more efficient
estimator for the parameters of TWD in terms of MSE.
3. The fitting accuracy of the proposed TWD is judged from different
model selection criteria commonly used in wind energy literature.
It is found that TWD outperforms WD for most of the
wind speed data measured in the considered regions of Turkey.
4. Moreover, a comparison has also been made between TWD and
WD in terms of ability to describe reference mean wind power.
It is observed that TWD yields less mean power error than WD
for most of the considered wind speed data.
5. Consequently, TWD can be alternatively used to evaluate the
wind energy potential of a specified region.