Wind speed modeled as an indexed semi‐Markov process

@article{DAmico2012WindSM,
  title={Wind speed modeled as an indexed semi‐Markov process},
  author={Guglielmo D’Amico and Filippo Petroni and Flavio Prattico},
  journal={Environmetrics},
  year={2012},
  volume={24}
}
The production of energy through wind turbines is increasing enormously in the latest years. To better design wind turbines, a good model for wind speed is needed. In a previous paper, we showed that semi‐Markov processes are more appropriate for this purpose than simple Markov processes, but to reach an accurate reproduction of real data features, high order models should be used. In this work, we introduce an indexed semi‐Markov process that is able to reproduce the most important statistical… 

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