Abstract:Complementarity has become an essential concept in energy supply systems. Although there are some other metrics, most studies use correlation coefficients to quantify complementarity. The standard interpretation is that a high negative correlation indicates a high degree of complementarity. However, we show that the correlation is not an entirely satisfactory measure of complementarity. As an alternative, we propose a new index based on the mathematical concept of the total variation. For two time series, the … Show more
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.