A Novel Approach for Wind Speed Forecasting Using LSTM-ARIMA Deep Learning Models

The term which is used to predict wind speed to produce wind power is wind speed forecasting. Deep learning, is a form of AI, basically indulging in artificial intelligence and thus can greatly increase the precision rate on larger datasets. In this research paper, the two techniques are being used together to obtain the better forecasting results. Both the techniques are forecasting based and combining LSTM and deep learning can increase the forecast rate because of the pattern remembering attribute of LSTM over a longer interval/period of time. If there is the inclusion of the ARIMA model the likelihood of a future value lying between two indicated limits is increased. So, overall if both the techniques are hybridized than it is most probable that the obtained results should be more accurate than both the techniques used separately. So, the main focus of this research article is on the efficiency and evaluation of hybridized LSTM-ARIMA model to predict wind speed forecasting.