Should climate policy account for ambiguity?

Climate change is fundamentally an `out-of-sample’ problem – our available information does not tightly constrain predictions of the consequences of rapid increases in greenhouse gas concentrations. Moreover, the fact that … read more »







Stochastic generation of synthetic minutely irradiance time series derived from mean hourly weather observation data

Bright JM, Smith CJ, Taylor PG, Crook R Stochastic. (2015). Solar Energy, vol. 115, pp.229-242. Highlights A sun obscured methodology to generate 1 min resolution irradiance is proposed. A novel approach to generating cloud cover is presented. The use of multiple Markov chains offers improvement to resource modelling. Diurnal okta number variability gives the largest transition […]