Abstract: A method for forecasting wind power output of a target wind farm. The method includes normalizing, wind power output data for each wind farm of a group of wind farms, based, at least in part, on a respective installed capacity; transforming, the normalized power output data to yield transformed normalized wind power output data. Fitting, by the temporal module, each temporal model of at least one temporal model to model input data for each wind farm. The model input data corresponds to normalized wind power output data or transformed normalized wind power output data. The method further includes fitting, by a spatial module, a DVINE copula model for the group of wind farms, based, at least in part, on at least one residual value. Each residual value is determined based, at least in part on a selected fitted temporal model for each wind farm in the group.