Estimating the Uncertainty of Wind Power Energy Based on the Probability Density Function

The more advantages of wind plants rather than heat power plants causes the development of this valuable energy to generate the electricity. These are including the economic and environmental benefits. However, the intermittent nature of wind causes more risks for wind investors. A new method has been proposed in this article to simulate the capacity value of wind resources based on the probability density function of wind. Then, the amount of the seasonal electricity generation has been calculated in a specific region. Finally, a correction factor has been suggested which is useful for wind investors