Wind direction forecasting plays a crucial role in optimizing wind energy production.
A novel model, WaveHiTS, has been developed to improve wind direction forecasting using wavelet transform and Neural Hierarchical Interpolation for Time Series (Hits).
Experiments conducted on real-world meteorological data show that WaveHiTS outperforms other deep learning models, transformer-based approaches, and hybrid models.
The proposed model achieves consistent accuracy for wind direction forecasting up to 60 minutes ahead, with significant improvements in RMSE values, vector correlation coefficients, and hit rates.