Area price and demand response in a market with 25% wind power

International Nuclear Information System (INIS)

Grohnheit, Poul Erik; Andersen, Frits Møller; Larsen, Helge V.

2011-01-01

Denmark, east and west of the Great Belt are bidding areas with separate hourly area prices for the Nord Pool power exchange, covering four Nordic countries and parts of Germany. The share of wind power has now increased to 25% on an annual basis in western Denmark. This has a significant impact not only on the electricity wholesale prices, but also on the development of the market. Hourly market data are available from the website of Danish TSO from 1999. In this paper these data are analysed for the period 2004–2010. Electricity generators and customers may respond to hourly price variations, which can improve market efficiency, and a welfare gain is obtained. An important limitation for demand response is events of several consecutive hours with extreme values. The analysis in this paper is a summary and update of some of the issues covered by the EU RESPOND project. It shows that extreme events were few, and the current infrastructure and market organisation have been able to handle the amount of wind power installed so far. This recommends that geographical bidding area for the wholesale electricity market reflects external transmission constraints caused by wind power. - Highlights: ► More than 10 years of hourly electricity market data are available for western Denmark. ► Current infrastructure and market organisation could handle 25% wind power. ► Demand response to hourly electricity prices leads to limited welfare gain. ► Consecutive hours with high or low price, or high or low wind are relatively few.

Impacts from new 50 MW wind power plant - Bogdnaci on the price of electrical energy in Macedonia

International Nuclear Information System (INIS)

Minovski, D.; Sarac, V.; Causevski, A.

2012-01-01

The paper presents the impact from the new planned wind power plant Bogdnaci on the price for the end users of electrical energy in Republic of Macedonia. In the next years, 50 MW wind power will be installed in the Macedonian electric power system. Production of electricity from wind power plants is unpredictable and of stochastic nature i.e. depends on the weather or the wind speed at the appropriate locations. Output of wind power plants is changing every minute, thus changing in the hourly level can be from 0 - 100%, even several times depending on the occurrence of winds. Changes in output of wind power plants, leads to increased demand for operational reserve in a power system. Preferential price of electrical energy from the wind power plants and increased operational reserve in the electric power system will have big impact on the final price of electrical energy in Republic of Macedonia. (Authors)

The Effect of Wind Power on Electricity Prices in Denmark

DEFF Research Database (Denmark)

Jonsson, Tryggvi; Madsen, Henrik

This report is the result of a special course taken by the author at IMM DTU under the guidance of professor Henrik Madsen. The aim of the project is to analyze the influence wind energy has on the electricity spot price in Western Denmark and investigate how information about wind power production...... can be used to model the electricity spot price. Various model types were tried, giving very different performance. Here, only the models that performed best are discussed in order to keep focus on the projects goal....

Price Forecasting of Electricity Markets in the Presence of a High Penetration of Wind Power Generators

OpenAIRE

Saber Talari; Miadreza Shafie-khah; Gerardo J. Osório; Fei Wang; Alireza Heidari; João P. S. Catalão

2017-01-01

Price forecasting plays a vital role in the day-ahead markets. Once sellers and buyers access an accurate price forecasting, managing the economic risk can be conducted appropriately through offering or bidding suitable prices. In networks with high wind power penetration, the electricity price is influenced by wind energy; therefore, price forecasting can be more complicated. This paper proposes a novel hybrid approach for price forecasting of day-ahead markets, with high penetration of wind...

A non-Gaussian Ornstein-Uhlenbeck model for pricing wind power futures

DEFF Research Database (Denmark)

Benth, Fred Espen; Pircalabu, Anca

2018-01-01

generated assuming a recent level of installed capacity. Also, based on one year of observed prices for wind power futures with different delivery periods, we study the market price of risk. Generally, we find a negative risk premium whose magnitude decreases as the length of the delivery period increases....

Forecasting Electricity Spot Prices Accounting for Wind Power Predictions

DEFF Research Database (Denmark)

Jónsson, Tryggvi; Pinson, Pierre; Nielsen, Henrik Aalborg

2013-01-01

A two-step methodology for forecasting of electricity spot prices is introduced, with focus on the impact of predicted system load and wind power generation. The nonlinear and nonstationary influence of these explanatory variables is accommodated in a first step based on a nonparametric and time...

An illustrative note on the system price effect of wind and solar power. The German case

Energy Technology Data Exchange (ETDEWEB)

Jaegemann, Cosima

2014-07-15

Exposing wind and solar power to the market price signal allows for cost-efficient investment decisions, as it incentivizes investors to account for the marginal value (MV{sup el}) of renewable energy technologies. As shown by Lamont (2008), the MV{sup el} of wind and solar power units depends on their penetration level. More specifically, the MV el of wind and solar power units is a function of the respective unit's capacity factor and the covariance between its generation profile and the system marginal costs. The latter component of the MV{sup el} (i.e., the covariance) is found to decline as the wind and solar power penetration increases, displacing dispatchable power plants with higher short-run marginal costs of power production and thus reducing the system marginal costs in all generation hours. This so called 'system price effect' is analyzed in more detail in this paper. The analysis complements the work Lamont (2008) in two regards. First of all, an alternative expression for the MV{sup el} of wind and solar power units is derived, which shows that the MV{sup el} of fluctuating renewable energy technologies depends not only on their own penetration level but also on a variety of other parameters that are specific to the electricity system. Second, based on historical wholesale prices and wind and solar power generation data for Germany, a numerical 'ceteris paribus' example for Germany is presented which illustrates that the system price effect is already highly relevant for both wind and solar power generation in Germany.

An illustrative note on the system price effect of wind and solar power. The German case

International Nuclear Information System (INIS)

Jaegemann, Cosima

2014-01-01

Exposing wind and solar power to the market price signal allows for cost-efficient investment decisions, as it incentivizes investors to account for the marginal value (MV el ) of renewable energy technologies. As shown by Lamont (2008), the MV el of wind and solar power units depends on their penetration level. More specifically, the MV el of wind and solar power units is a function of the respective unit's capacity factor and the covariance between its generation profile and the system marginal costs. The latter component of the MV el (i.e., the covariance) is found to decline as the wind and solar power penetration increases, displacing dispatchable power plants with higher short-run marginal costs of power production and thus reducing the system marginal costs in all generation hours. This so called 'system price effect' is analyzed in more detail in this paper. The analysis complements the work Lamont (2008) in two regards. First of all, an alternative expression for the MV el of wind and solar power units is derived, which shows that the MV el of fluctuating renewable energy technologies depends not only on their own penetration level but also on a variety of other parameters that are specific to the electricity system. Second, based on historical wholesale prices and wind and solar power generation data for Germany, a numerical 'ceteris paribus' example for Germany is presented which illustrates that the system price effect is already highly relevant for both wind and solar power generation in Germany.

Wind power in the Danish liberalised power market-Policy measures, price impact and investor incentives

International Nuclear Information System (INIS)

Munksgaard, Jesper; Morthorst, Poul Erik

2008-01-01

Wind power has a strong position at the Danish electricity market, mainly caused by high feed-in tariffs in the 1990s. Investments in new wind-power installations on land, however, have declined dramatically after the Danish electricity market was liberalised in 1999. First, the paper describes how policy measures directed towards wind power have been redesigned to match the liberalised market. Then, we estimate the impact of the redesigned tariffs on the electricity prices. Finally, we assess whether the new tariffs make an incentive to invest in wind power. The paper concludes that the new tariffs not by itself make evidence for the actual Danish recession in new wind-power installations after the electricity reform. The main causes could include a combination of problems in spatial planning, high risk aversion of new wind turbine investors and perhaps more favourable support schemes in other countries

Price Forecasting of Electricity Markets in the Presence of a High Penetration of Wind Power Generators

Directory of Open Access Journals (Sweden)

Saber Talari

2017-11-01

Full Text Available Price forecasting plays a vital role in the day-ahead markets. Once sellers and buyers access an accurate price forecasting, managing the economic risk can be conducted appropriately through offering or bidding suitable prices. In networks with high wind power penetration, the electricity price is influenced by wind energy; therefore, price forecasting can be more complicated. This paper proposes a novel hybrid approach for price forecasting of day-ahead markets, with high penetration of wind generators based on Wavelet transform, bivariate Auto-Regressive Integrated Moving Average (ARIMA method and Radial Basis Function Neural Network (RBFN. To this end, a weighted time series for wind dominated power systems is calculated and added to a bivariate ARIMA model along with the price time series. Moreover, RBFN is applied as a tool to correct the estimation error, and particle swarm optimization (PSO is used to optimize the structure and adapt the RBFN to the particular training set. This method is evaluated on the Spanish electricity market, which shows the efficiency of this approach. This method has less error compared with other methods especially when it considers the effects of large-scale wind generators.

Quantifying the value that wind power provides as a hedge against volatile natural gas prices

Energy Technology Data Exchange (ETDEWEB)

Bolinger, Mark; Wiser, Ryan; Golove, William

2002-05-31

Advocates of renewable energy have long argued that wind power and other renewable technologies can mitigate fuel price risk within a resource portfolio. Such arguments--made with renewed vigor in the wake of unprecedented natural gas price volatility during the winter of 2000/2001--have mostly been qualitative in nature, however, with few attempts to actually quantify the price stability benefit that wind and other renewables provide. This paper attempts to quantify this benefit by equating it with the cost of achieving price stability through other means, particularly gas-based financial derivatives (futures and swaps). We find that over the past two years, natural gas consumers have had to pay a premium of roughly 0.50 cents/kWh over expected spot prices to lock in natural gas prices for the next 10 years. This incremental cost is potentially large enough to tip the scales away from new investments in natural gasfired generation and in favor of investments in wind power and other renewable technologies.

Danish Wind Power

DEFF Research Database (Denmark)

Lund, Henrik; Hvelplund, Frede; Østergaard, Poul Alberg

In a normal wind year, Danish wind turbines generate the equivalent of approx. 20 percent of the Danish electricity demand. This paper argues that only approx. 1 percent of the wind power production is exported. The rest is used to meet domestic Danish electricity demands. The cost of wind power...... misleading. The cost of CO2 reduction by use of wind power in the period 2004-2008 was only 20 EUR/ton. Furthermore, the Danish wind turbines are not paid for by energy taxes. Danish wind turbines are given a subsidy via the electricity price which is paid by the electricity consumers. In the recent years...... is paid solely by the electricity consumers and the net influence on consumer prices was as low as 1-3 percent on average in the period 2004-2008. In 2008, the net influence even decreased the average consumer price, although only slightly. In Denmark, 20 percent wind power is integrated by using both...

Comparison of Solar and Wind Power Output and Correlation with Real-Time Pricing

Science.gov (United States)

Hoepfl, Kathryn E.; Compaan, Alvin D.; Solocha, Andrew

2011-03-01

This study presents a method that can be used to determine the least volatile power output of a wind and solar hybrid energy system in which wind and solar systems have the same peak power. Hourly data for wind and PV systems in Northwest Ohio are used to show that a combination of both types of sustainable energy sources produces a more stable power output and would be more valuable to the grid than either individually. This method could be used to determine the ideal ratio in any part of the country and should help convince electric utility companies to bring more renewable generation online. This study also looks at real-time market pricing and how each system (solar, wind, and hybrid) correlates with 2009 hourly pricing from the Midwest Interconnect. KEH acknowledges support from the NSF-REU grant PHY-1004649 to the Univ. of Toledo and Garland Energy Systems/Ohio Department of Development.

The impact of wind power on APX day-ahead electricity prices in the Netherlands VVM-Intermittency project

Energy Technology Data Exchange (ETDEWEB)

Nieuwenhout, F.D.J. [ECN Policy Studies, Amsterdam (Netherlands); Brand, A.J. [ECN Wind Energy, Petten (Netherlands)

2013-02-15

A detailed analysis was conducted to assess to what extent availability of wind energy has influenced day-ahead electricity prices in the Netherlands over the period 2006-2009. With a meteorological model, time series of day-ahead wind forecasts were generated, and these were compared with APX-ENDEX day-ahead market prices. Wind energy contributes to only 4% of electricity generation in the Netherlands, but was found to depress average day-ahead market prices by about 5%. With the help of the bid curves on the APX-ENDEX day-ahead market for 2009, a model was developed to assess the impact of increasing levels of wind generation on power prices in the Netherlands. One of the main findings is that the future impact on prices will be less than in the past. With an increase of installed wind capacity from 2200 MW to 6000 MW, average day-ahead prices are expected to be depressed by an additional 6% in case no additional conventional generation is assumed. Taking into account existing government policy on wind and ongoing investments in new conventional power plants, prices in 2016 will be only 3% lower.

Revisiting short-term price and volatility dynamics in day-ahead electricity markets with rising wind power

International Nuclear Information System (INIS)

Li, Yuanjing

2015-01-01

This paper revisits the short-term price and volatility dynamics in day-ahead electricity markets in consideration of an increasing share of wind power, using an example of the Nord Pool day-ahead market and the Danish wind generation. To do so, a GARCH process is applied, and market coupling and the counterbalance effect of hydropower in the Scandinavian countries are additionally accounted for. As results, we found that wind generation weakly dampens spot prices with an elasticity of 0.008 and also reduces price volatility with an elasticity of 0.02 in the Nordic day-ahead market. The results shed lights on the importance of market coupling and interactions between wind power and hydropower in the Nordic system through cross-border exchanges, which play an essential role in price stabilization. Additionally, an EGARCH specification confirms an asymmetric influence of the price innovations, whereby negative shocks produce larger volatility in the Nordic spot market. While considering heavy tails in error distributions can improve model fits significantly, the EGARCH model outperforms the GARCH model on forecast evaluations. (author)

Analysis of the imbalance price scheme in the Spanish electricity market: A wind power test case

International Nuclear Information System (INIS)

Bueno-Lorenzo, Miriam; Moreno, M. Ángeles; Usaola, Julio

2013-01-01

This work investigates the interaction between wind power and electricity markets. The paper is focused on balancing markets pricing policies. The proposal of a new imbalance price scheme is included and conveniently evaluated. This proposed scheme tries to minimise the use of ancillary services to compensate for deviations in searching for a more efficient market design. The effectiveness of imbalance prices as market signals is also examined, and policy recommendations regarding imbalance services are discussed. Two test cases are included that analyse the participation of a wind power producer in the Spanish electricity market using a stochastic optimisation strategy. For this purpose, the uncertainty of the variables is considered, i.e., wind power production and prediction, intraday and imbalance prices. Test cases were run with real data for 10 months, and realistic results are presented along with a hypothetical test case. The regulation of the imbalance prices may not be adequate for the Spanish electricity market because an error drop is not sufficiently encouraged. Therefore, we suggest the application of a new imbalance price scheme, which includes an additional constraint. The conclusions of this paper can be assumed to be general policy recommendations

Wind power bidding in electricity markets with high wind penetration

International Nuclear Information System (INIS)

Vilim, Michael; Botterud, Audun

2014-01-01

Highlights: • We analyze the pricing systems and wind power trading in electricity markets. • We propose a model that captures the relation between market prices and wind power. • A probabilistic bidding model can increase profits for wind power producers. • Profit maximizing bidding strategies carry risks for power system operators. • We conclude that modifications of current market designs may be needed. - Abstract: Objective: The optimal day-ahead bidding strategy is studied for a wind power producer operating in an electricity market with high wind penetration. Methods: A generalized electricity market is studied with minimal assumptions about the structure of the production, bidding, or consumption of electricity. Two electricity imbalance pricing schemes are investigated, the one price and the two price scheme. A stochastic market model is created to capture the price effects of wind power production and consumption. A bidding algorithm called SCOPES (Supply Curve One Price Estimation Strategy) is developed for the one price system. A bidding algorithm called MIMICS (Multivariate Interdependence Minimizing Imbalance Cost Strategy) is developed for the two price system. Results: Both bidding strategies are shown to have advantages over the assumed “default” bidding strategy, the point forecast. Conclusion: The success of these strategies even in the case of high deviation penalties in a one price system and the implicit deviation penalties of the two price system has substantial implications for power producers and system operators in electricity markets with a high level of wind penetration. Practice implications: From an electricity market design perspective, the results indicate that further penalties or regulations may be needed to reduce system imbalance

Wind power and market power in competitive markets

International Nuclear Information System (INIS)

Twomey, Paul; Neuhoff, Karsten

2010-01-01

Average market prices for intermittent generation technologies are lower than for conventional generation. This has a technical reason but can be exaggerated in the presence of market power. When there is much wind smaller amounts of conventional generation technologies are required, and prices are lower, while at times of little wind prices are higher. This effect reflects the value of different generation technologies to the system. But under conditions of market power, conventional generators with market power can further depress the prices if they have to buy back energy at times of large wind output and can increase prices if they have to sell additional power at times of little wind output. This greatly exaggerates the effect. Forward contracting does not reduce the effect. An important consequence is that allowing market power profit margins as a support mechanism for generation capacity investment is not a technologically neutral policy.

High Penetrated Wind Farm Impacts on the Electricity Price

DEFF Research Database (Denmark)

Haji Bashi, Mazaher; Yousefi, G. R.; Bak, Claus Leth

2016-01-01

of the high penetrated wind farm integration into electricity markets. Then, stochastic programming approach is employed to compare the volume of trades for a typical wind farm in a high and low wind penetrated market. Although increasing price spikes and volatility was reported in the literature......Energy trading policies, intermittency of wind farm output power, low marginal cost of the production, are the key factors that cause the wind farms to be effective on the electricity price. In this paper, the Danish electricity market is studied as a part of Nord Pool. Considering the completely...... fossil fuel free overview in Danish energy policies, and the currently great share of wind power (more than 100% for some hours) in supplying the load, it is an interesting benchmark for the future electricity markets. Negative prices, price spikes, and price volatility are considered as the main effects...

Wind power price trends in the United States: Struggling to remain competitive in the face of strong growth

International Nuclear Information System (INIS)

Bolinger, Mark; Wiser, Ryan

2009-01-01

The amount of wind power capacity being installed globally is surging, with the United States the world leader in terms of annual market share for three years running (2005-2007). The rapidly growing market for wind has been a double-edged sword, however, as the resulting supply-demand imbalance in wind turbines, along with the rising cost of materials and weakness in the US dollar, has put upward pressure on wind turbine costs, and ultimately, wind power prices. Two mitigating factors-reductions in the cost of equity provided to wind projects and improvements in project-level capacity factors-have helped to relieve some of the upward pressure on wind power prices over the last few years. Because neither of these two factors can be relied upon to further cushion the blow going forward, policymakers should recognize that continued financial support may be necessary to sustain the wind sector at its current pace of development, at least in the near term. Though this article emphasizes developments in the US market for wind power, those trends are similar to, and hold implications for, the worldwide wind power market

Wind power: Italian wind power industry

International Nuclear Information System (INIS)

Botta, G.; Casale, C.

2008-01-01

Trends in the world point a growing wind power sector in the future taking into account the safety of energy supply and environmental issues. Will determine the future scenario of price and availability of conventional energy sources. The current level reached by the price of oil create a win-win situation [it

Valuation of wind power distributed generation by using Longstaff–Schwartz option pricing method

International Nuclear Information System (INIS)

Díaz, Guzmán; Moreno, Blanca; Coto, José; Gómez-Aleixandre, Javier

2015-01-01

Highlights: • We analyze the economic value of wind power distributed generation (DG) projects. • Unlike NPV, RO approach accounts for the flexibility for decision-making. • We adapt Longstaff–Schwartz (LS) option pricing to multivariate wind power setting. • LS finds optimal times for DG investment under revenue uncertainty and decaying costs. • We find this method best suited for valuating DG projects of expected low revenue. - Abstract: In the context of decaying capital cost and uncertain revenues, prospective valuation of a wind power distributed generation (DG) project is difficult. The conventional net present value (NPV) presents a static picture that does not account for the value of waiting for better market conditions to proceed with a DG investment. On the contrary, real options (RO) analysis does account for the managerial flexibility to switch between options over the investment horizon. In this paper we argue that the value of a DG wind-based project can be revisited by means of Longstaff–Schwartz method, originally intended for the evaluation of American financial options. The adaption of this method to the wind power DG setting provides a means for (i) efficiently dealing with the several stochastic processes involved (spot electricity prices and possibly various wind speed processes) avoiding the curse of dimensionality, (ii) accounting for the decaying capital cost of DG, and (iii) solving the perfect foresight problem presented by Monte Carlo conventional simulations. We present in this paper the procedure to follow when applying the method to the wind power DG setting. Particularly, we discuss the standardization of the wind speed and spot price processes, and the advantages of building a state space model that includes all the correlated processes by adequately transforming Box–Jenkins and Ornstein–Uhlenbeck models. Also we discuss the representation of the capital cost forecast by means of learning curves. On the whole, we

Danish wind power export and cost

Energy Technology Data Exchange (ETDEWEB)

Lund, H.; Hvelplund, F.; Alberg OEstergaard, P. (and others)

2010-02-15

In a normal wind year, Danish wind turbines generate the equivalent of approx. 20 percent of the Danish electricity demand. This paper argues that only approx. 1 percent of the wind power production is exported. The rest is used to meet domestic Danish electricity demands. The cost of wind power is paid solely by the electricity consumers and the net influence on consumer prices was as low as 1-3 percent on average in the period 2004-2008. In 2008, the net influence even decreased the average consumer price, although only slightly. In Denmark, 20 percent wind power is integrated by using both local resources and international market mechanisms. This is done in a way which makes it possible for our neighbouring countries to follow a similar path. Moreover, Denmark has a strategy to raise this share to 50 percent and the necessary measures are in the process of being implemented. Recently, a study made by the Danish think tank CEPOS claimed the opposite, i.e. that most of the Danish wind power has been exported in recent years. However, this claim is based on an incorrect interpretation of statistics and a lack of understanding of how the international electricity markets operate. Consequently, the results of the CEPOS study are in general not correct. Moreover, the CEPOS study claims that using wind turbines in Denmark is a very expensive way of reducing CO{sub 2} emissions and that this is the reason for the high energy taxes for private consumers in Denmark. These claims are also misleading. The cost of CO{sub 2} reduction by use of wind power in the period 2004-2008 was only 20 EUR/ton. Furthermore, the Danish wind turbines are not paid for by energy taxes. Danish wind turbines are given a subsidy via the electricity price which is paid by the electricity consumers. In the recent years of 2004-2008, such subsidy has increased consumer prices by 0.54 EURO/kWh on average. On the other hand, however, the same electricity consumers also benefitted from the wind

The effectiveness of China's wind power policy: An empirical analysis

International Nuclear Information System (INIS)

Zhao, Xiaoli; Li, Shujie; Zhang, Sufang; Yang, Rui; Liu, Suwei

2016-01-01

Along with China's rapid industrialization and urbanization, challenges in reducing pollution and CO_2 emissions are increasing. One of the major approaches to coordinate economic growth and environmental protection is to substitute coal-fired power with renewable energy. Since 2003, in order to promote wind power development, China has put in place many support policies which fall into either price policy category or non-price policy category. By using a variable intercept and mixed regression model with provincial panel data during 2001–2013, we analyzed the impacts of both categories on the increase of installed capacity in areas with different wind resources. We found that price policy and two non-price policies had positive impacts on the increase of wind power installation, price policy played a greater role than non-price policy did in promoting wind power development, and price policy was more effective in areas with poor wind resources, whilst non- price policy was more effective in areas with rich wind resources. Built on these findings, conclusions and policy recommendations are provided at the end of the paper. - Highlights: •We study the impact of price policy on China's new wind power capacity. •Four non-price policies impact on China's new wind power capacity is studied. •Price policy is more effective in wind power increase than non-price policy. •Price policy is more effective than non-price policy in wind non-rich areas. •Non-price policy is more effective than price policy in wind rich areas.

Danish Wind Power Export and Cost

DEFF Research Database (Denmark)

Lund, Henrik; Hvelplund, Frede; Alberg Østergaard, Poul

In a normal wind year, Danish wind turbines generate the equivalent of approx. 20 percent of the Danish electricity demand. This paper argues that only approx. 1 percent of the wind power production is exported. The rest is used to meet domestic Danish electricity demands. The cost of wind power...... misleading. The cost of CO2 reduction by use of wind power in the period 2004-2008 was only 20 EUR/ton. Furthermore, the Danish wind turbines are not paid for by energy taxes. Danish wind turbines are given a subsidy via the electricity price which is paid by the electricity consumers. In the recent years...... is paid solely by the electricity consumers and the net influence on consumer prices was as low as 1-3 percent on average in the period 2004-2008. In 2008, the net influence even decreased the average consumer price, although only slightly. In Denmark, 20 percent wind power is integrated by using both...

Area price and demand response in a market with 25% wind power

DEFF Research Database (Denmark)

Grohnheit, Poul Erik; Møller Andersen, Frits; Larsen, Helge V.

2011-01-01

Denmark, east and west of the Great Belt are bidding areas with separate hourly area prices for the Nord Pool power exchange, covering four Nordic countries and parts of Germany. The share of wind power has now increased to 25% on an annual basis in western Denmark. This has a significant impact...... not only on the electricity wholesale prices, but also on the development of the market. Hourly market data are available from the website of Danish TSO from 1999. In this paper these data are analysed for the period 2004–2010. Electricity generators and customers may respond to hourly price variations......, which can improve market efficiency, and a welfare gain is obtained. An important limitation for demand response is events of several consecutive hours with extreme values. The analysis in this paper is a summary and update of some of the issues covered by the EU RESPOND project. It shows that extreme...

Excessive price reduction and extreme volatility in wind dominant electricity markets; solutions and emerging challenges

DEFF Research Database (Denmark)

Farashbashi-Astaneh, Seyed-Mostafa; Chen, Zhe; Mousavi, Omid Alizadeh

2013-01-01

High intermittency in the nature of wind power emphasize conceptual revising in the mechanisms of electricity markets with high wind power penetration levels. This paper introduces overmuch price reduction and high price volatility as two adverse consequences in future wind dominant electricity...... is developed. The paper indicates discriminatory pricing approach can be beneficial in high penetration of wind power because it alleviates high price variations and spikiness in one hand and prevents overmuch price reduction in wind dominant electricity markets on the other hand....... markets. While high price volatility imposes elevated risk levels for both electricity suppliers and consumers, excessive price reduction of electricity is a disincentive for investment in new generation capacity and might jeopardizes system adequacy in long term. A comparative study between marginal...

Impact of Wind Power Generation on European Cross-Border Power Flows

DEFF Research Database (Denmark)

Zugno, Marco; Pinson, Pierre; Madsen, Henrik

2013-01-01

analysis is employed in order to reduce the problem dimension. Then, nonlinear relationships between forecast wind power production as well as spot price in Germany, by far the largest wind power producer in Europe, and power flows are modeled using local polynomial regression. We find that both forecast...... wind power production and spot price in Germany have substantial nonlinear effects on power transmission on a European scale.......A statistical analysis is performed in order to investigate the relationship between wind power production and cross-border power transmission in Europe. A dataset including physical hourly cross-border power exchanges between European countries as dependent variables is used. Principal component...

Does wind energy mitigate market power in deregulated electricity markets?

International Nuclear Information System (INIS)

Ben-Moshe, Ori; Rubin, Ofir D.

2015-01-01

A rich body of literature suggests that there is an inverse relationship between wind power penetration rate into the electricity market and electricity prices, but it is unclear whether these observations can be generalized. Therefore, in this paper we seek to analytically characterize market conditions that give rise to this inverse relationship. For this purpose, we expand a recently developed theoretical framework to facilitate flexibility in modeling the structure of the electric industry with respect to the degree of market concentration and diversification in the ownership of wind power capacity. The analytical results and their attendant numerical illustrations indicate that the introduction of wind energy into the market does not always depress electricity prices. Such a drop in electricity prices is likely to occur when the number of firms is large enough or the ownership of wind energy is sufficiently diversified, or most often a combination of the two. Importantly, our study defines the circumstances in which the question of which type of firm invests in wind power capacity is crucial for market prices. - Highlights: • Studies show that electricity prices decrease with increased wind power capacity. • We investigate market conditions that give rise to this inverse relationship. • Average prices for wind energy are systematically lower than average market prices. • Conventional generation firms may increase market power by investing in wind farms. • Energy policy should seek to diversify the ownership of wind power capacity

Integration of Wind Power into the Danish Power System

DEFF Research Database (Denmark)

Rácz, Viktor J.; Yadav, Priyadarshini; Vestergaard, Niels

Wind energy is a major player in the Danish electricity market with an ambitious goal to pursue 50% of the electricity market by 2020. This paper examines the economic impacts of increasing integration of large-scale wind power to the existing electrical grid. Firstly, we survey the literature...... the price of electricity. We have observed the degree of influence of the fossil fuel prices, total demand, wind power production and import on the electricity price and the individual co-efficiency for the years 2000, 2005 and 2010, according to the energy mix. Using a grid management model for the Western...... Denmark region, we simulate the effect of an increase in wind penetration level on the electricity generation costs and on the CO2 emissions at various penetration levels. The results show that as the wind penetration level increases the cost of electricity production rises thus, reducing the CO2 emission...

Short-term optimal wind power generation capacity in liberalized electricity markets

International Nuclear Information System (INIS)

Olsina, Fernando; Roescher, Mark; Larisson, Carlos; Garces, Francisco

2007-01-01

Mainly because of environmental concerns and fuel price uncertainties, considerable amounts of wind-based generation capacity are being added to some deregulated power systems. The rapid wind development registered in some countries has essentially been driven by strong subsidizing programs. Since wind investments are commonly isolated from market signals, installed wind capacity can be higher than optimal, leading to distortions of the power prices with a consequent loss of social welfare. In this work, the influence of wind generation on power prices in the framework of a liberalized electricity market has been assessed by means of stochastic simulation techniques. The developed methodology allows investigating the maximal wind capacity that would be profitably deployed if wind investments were subject to market conditions only. For this purpose, stochastic variables determining power prices are accurately modeled. A test system resembling the size and characteristics of the German power system has been selected for this study. The expected value of the optimal, short-term wind capacity is evaluated for a considerable number of random realizations of power prices. The impact of dispersing the wind capacity over statistical independent wind sites has also been evaluated. The simulation results reveal that fuel prices, installation and financing costs of wind investments are very influential parameters on the maximal wind capacity that might be accommodated in a market-based manner

Optimal sharing of quantity risk for a coalition of wind power producers facing nodal prices

KAUST Repository

Bitar, E. Y.; Baeyens, E.; Khargonekar, P. P.; Poolla, K.; Varaiya, P.

2012-01-01

It is widely accepted that aggregation of geographically diverse wind energy resources offers compelling potential to mitigate wind power variability, as wind speed at different geographic locations tends to decorrelate with increasing spatial separation. In this paper, we explore the extent to which a coalition of wind power producers can exploit the statistical benefits of aggregation to mitigate the risk of quantity shortfall with respect to forward contract offerings for energy. We propose a simple augmentation of the existing two-settlement market system with nodal pricing to permit quantity risk sharing among wind power producers by affording the group a recourse opportunity to utilize improved forecasts of their ensuing wind energy production to collectively modify their forward contracted positions so as to utilize the projected surplus in generation at certain buses to balance the projected shortfall in generation at complementary buses. Working within this framework, we show that the problem of optimally sizing a set of forward contracts for a group of wind power producers reduces to convex programming and derive closed form expressions for the set of optimal recourse policies. We also asses the willingness of individual wind power producers to form a coalition to cooperatively offer contracts for energy. We first show that the expected profit derived from coalitional contract offerings with recourse is greater than that achievable through independent contract offerings. And, using tools from coalitional game theory, we show that the core for our game is non-empty.

Optimal sharing of quantity risk for a coalition of wind power producers facing nodal prices

KAUST Repository

Bitar, E. Y.

2012-06-01

It is widely accepted that aggregation of geographically diverse wind energy resources offers compelling potential to mitigate wind power variability, as wind speed at different geographic locations tends to decorrelate with increasing spatial separation. In this paper, we explore the extent to which a coalition of wind power producers can exploit the statistical benefits of aggregation to mitigate the risk of quantity shortfall with respect to forward contract offerings for energy. We propose a simple augmentation of the existing two-settlement market system with nodal pricing to permit quantity risk sharing among wind power producers by affording the group a recourse opportunity to utilize improved forecasts of their ensuing wind energy production to collectively modify their forward contracted positions so as to utilize the projected surplus in generation at certain buses to balance the projected shortfall in generation at complementary buses. Working within this framework, we show that the problem of optimally sizing a set of forward contracts for a group of wind power producers reduces to convex programming and derive closed form expressions for the set of optimal recourse policies. We also asses the willingness of individual wind power producers to form a coalition to cooperatively offer contracts for energy. We first show that the expected profit derived from coalitional contract offerings with recourse is greater than that achievable through independent contract offerings. And, using tools from coalitional game theory, we show that the core for our game is non-empty.

Wind power in Norway

International Nuclear Information System (INIS)

1998-01-01

This report analyses business costs and socio-economic costs in the development of wind power in Norway and policy instruments to encourage such a development. It is founded on an analysis of the development of wind power in other countries, notably U.S.A, Denmark, Germany, the Netherlands and Britain. The report describes the institutional background in each country, the policy instruments that have been used and still are and the results achieved. The various cost components in Norwegian wind power development and the expected market price of wind power are also discussed. The discussion of instruments distinguishes between investment oriented and production oriented instruments. 8 refs., 9 figs., 3 tabs

Wind power takes over

International Nuclear Information System (INIS)

2002-01-01

All over the industrialized world concentrated efforts are being made to make wind turbines cover some of the energy demand in the coming years. There is still a long way to go, however, towards a 'green revolution' as far as energy is concerned, for it is quite futile to use wind power for electric heating. The article deals with some of the advantages and disadvantages of developing wind power. In Norway, for instance, environmentalists fear that wind power plants along the coast may have serious consequences for the stocks of white-tailed eagle and golden eagle. An other factor that delays the large-scale application of wind power in Norway is the low price of electricity. Some experts, however, maintain that wind power may already compete with new hydroelectric power of intermediate cost. The investment costs are expected to go down with one third by 2020, when wind power may be the most competitive energy source to utilize

Renewable energy as a natural gas price hedge: the case of wind

International Nuclear Information System (INIS)

Berry, David

2005-01-01

Electric utilities use natural gas to fuel many of their power plants, especially those plants which provide electricity at peak and intermediate hours. Natural gas prices are highly volatile and have shown a general upward trend. Wind energy can provide a cost-effective hedge against natural gas price volatility or price increases. This conclusion is based on analysis of the costs of marginal conventional generation given the historical probability distribution of natural gas prices, the cost of wind energy, wind integration costs, transmission costs for wind energy, the capacity value of wind, and environmental benefits of wind energy for a hypothetical utility in the Southwestern United States. The efficacy of using wind energy as a hedge at a particular utility will depend on site specific conditions

Wind power generation and dispatch in competitive power markets

Science.gov (United States)

Abreu, Lisias

Wind energy is currently the fastest growing type of renewable energy. The main motivation is led by more strict emission constraints and higher fuel prices. In addition, recent developments in wind turbine technology and financial incentives have made wind energy technically and economically viable almost anywhere. In restructured power systems, reliable and economical operation of power systems are the two main objectives for the ISO. The ability to control the output of wind turbines is limited and the capacity of a wind farm changes according to wind speeds. Since this type of generation has no production costs, all production is taken by the system. Although, insufficient operational planning of power systems considering wind generation could result in higher system operation costs and off-peak transmission congestions. In addition, a GENCO can participate in short-term power markets in restructured power systems. The goal of a GENCO is to sell energy in such a way that would maximize its profitability. However, due to market price fluctuations and wind forecasting errors, it is essential for the wind GENCO to keep its financial risk at an acceptable level when constituting market bidding strategies. This dissertation discusses assumptions, functions, and methodologies that optimize short-term operations of power systems considering wind energy, and that optimize bidding strategies for wind producers in short-term markets. This dissertation also discusses uncertainties associated with electricity market environment and wind power forecasting that can expose market participants to a significant risk level when managing the tradeoff between profitability and risk.

Wind power

International Nuclear Information System (INIS)

Gipe, P.

2007-01-01

This book is a translation of the edition published in the USA under the title of ''wind power: renewable energy for home, farm and business''. In the wake of mass blackouts and energy crises, wind power remains a largely untapped resource of renewable energy. It is a booming worldwide industry whose technology, under the collective wing of aficionados like author Paul Gipe, is coming of age. Wind Power guides us through the emergent, sometimes daunting discourse on wind technology, giving frank explanations of how to use wind technology wisely and sound advice on how to avoid common mistakes. Since the mid-1970's, Paul Gipe has played a part in nearly every aspect of wind energy development from installing small turbines to promoting wind energy worldwide. As an American proponent of renewable energy, Gipe has earned the acclaim and respect of European energy specialists for years, but his arguments have often fallen on deaf ears at home. Today, the topic of wind power is cropping up everywhere from the beaches of Cape Cod to the Oregon-Washington border, and one wind turbine is capable of producing enough electricity per year to run 200 average American households. Now, Paul Gipe is back to shed light on this increasingly important energy source with a revised edition of Wind Power. Over the course of his career, Paul Gipe has been a proponent, participant, observer, and critic of the wind industry. His experience with wind has given rise to two previous books on the subject, Wind Energy Basics and Wind Power for Home and Business, which have sold over 50,000 copies. Wind Power for Home and Business has become a staple for both homeowners and professionals interested in the subject, and now, with energy prices soaring, interest in wind power is hitting an all-time high. With chapters on output and economics, Wind Power discloses how much you can expect from each method of wind technology, both in terms of energy and financial savings. The book updated models

Innovation and the price of wind energy in the US

International Nuclear Information System (INIS)

Berry, David

2009-01-01

In the last ten years, the wind energy industry has experienced many innovations resulting in wider deployment of wind energy, larger wind energy projects, larger wind turbines, and greater capacity factors. Using regression analysis, this paper examines the effects of technological improvements and other factors on the price of wind energy charged under long-term contracts in the United States. For wind energy projects completed during the period 1999-2006, higher capacity factors and larger wind farms contributed to reductions in wind energy contract prices paid by regulated investor owned utilities in 2007. However, this effect was offset by rising construction costs. Turbine size (in MW) shows no clear relationship to contract prices, possibly because there may be opposing factors tending to decrease costs as turbine size increases and tending to increase costs as turbine size increases. Wind energy is generally a low-cost resource that is competitive with natural gas-fired power generation.

Wind power in France

International Nuclear Information System (INIS)

Tuille, F.; Courtel, J.

2015-01-01

After 3 years of steady decreasing, wind power has resumed growth in 2014 in France and the preliminary figures of 2015 confirm this trend. About 1100 MW were installed in 2014 which was almost twice as much as it was installed the year before. This renaissance is mostly due to the implementation of Brottes' law that eases the installations of wind farms by suppressing the wind power development areas (that were interfering with regional wind power schemes) and by suppressing the minimum number of 5 turbines for any new wind farms. Another important incentive measure was the announcement in January 2015 of a new financial support scheme in replacement of the policy of guaranteed purchase price for the electricity produced. In 2014 the total wind power produced in mainland France reached 17 TW which represented 3.1% of the production of electricity. (A.C.)

Wind power and the conditions at a liberalized power market

International Nuclear Information System (INIS)

Morthorst, P.E.

2003-01-01

Wind power is undergoing a rapid development nationally as well as globally and in a number of countries covers an increasing part of the power supply. At the same time an ongoing liberalization of power markets is taking place and to an increasing extent the owners of wind power plants will themselves have to be responsible for trading the power at the spot market and financially handling the balancing. In the western part of Denmark (Jutland/Funen area), wind-generated power from time to time covers almost 100% of total power consumption. Therefore some examples are chosen from this area to analyse in more detail how well large amounts of wind power in the short-term are handled at the power spot market. It turns out that there is a tendency that more wind power in the system in the short run leads to relatively lower spot prices, while less wind power implies relatively higher spot prices, although, with the exception of December 2002, in general no strong relationship is found. A stronger relationship is found at the regulating market, where there is a fairly clear tendency that the more wind power produced, the higher is the need for down-regulation, and, correspondingly, the less wind power produced, the higher is the need for up-regulation. In general for the Jutland/Funen area the average cost of down-regulation is calculated as 1 2 c euros/kWh regulated for 2002, while the cost of up-regulation amounts to 0 7 c euros/kWh regulated. (author)

Drivers of imbalance cost of wind power

DEFF Research Database (Denmark)

Obersteiner, C.; Siewierski, T.; Andersen, Anders

2010-01-01

In Europe an increasing share of wind power is sold on the power market. Therefore more and more wind power generators become balancing responsible and face imbalance cost that reduce revenues from selling wind power. A comparison of literature illustrates that the imbalance cost of wind power...... varies in a wide range. To explain differences we indentify parameters influencing imbalance cost and compare them for case studies in Austria, Denmark and Poland. Besides the wind power forecast error also the correlation between imbalance and imbalance price influences imbalance cost significantly...... of imperfect forecast is better suited to reflect real cost incurred due to inaccurate wind power forecasts....

Wind energy and electricity prices. Exploring the 'merit order effect'

International Nuclear Information System (INIS)

Morthost, P.E.; Ray, S.; Munksgaard, J.; Sinner, A.F.

2010-04-01

This report focuses on the effect of wind energy on the electricity price in the power market. As the report will discuss, adding wind into the power mix has a significant influence on the resulting price of electricity, the so called merit order effect (MOE). The merit order effect has been quantified and discussed in many scientific publications. This report ends the first phase of a study on the MOE, evaluating the impact of EWEA's 2020 scenarios on future European electricity prices. The basic principles of the merit order effect are provided in the first part of the document. The literature review itself contains methods and tools not only to quantify the merit order effect but also in order to forecast its future range and volume.

Co-generation of hydrogen from nuclear and wind: the effect on costs of realistic variations in wind capacity and power prices

International Nuclear Information System (INIS)

Miller, A.I.; Duffey, R.

2005-01-01

Can electricity from high-capacity nuclear reactors be blended with the variable output of wind turbines to produce electrolytic hydrogen competitively? Future energy hopes and emissions reduction scenarios place significant reliance on renewables, actually meaning largely new wind power both onshore and offshore. The opportunity exists for a synergy between high capacity factor nuclear plants and wind power using hydrogen by both as a 'currency' for use in transportation and industrial processing. But this use of hydrogen needs to be introduced soon. To be competitive with alternative sources, hydrogen produced by conventional electrolysis requires low-cost electricity (likely <2.5 Cent US/kW.h). One approach is to operate interruptibly allowing an installation to sell electricity when the grid price is high and to make hydrogen when it is low. Our previous studies have shown that this could be a cost-competitive approach with a nuclear power generator producing electricity around 3 Cent US/kW.h. Although similar unit costs are projected for wind-generated electricity, idleness of the hydrogen production (electrolysis) facility due to the variability of wind generated electricity imposes a serious cost penalty. This paper reports our latest results on the potential economics of blending electricity from nuclear and wind sources by using wind-generated power, when available, to augment the current through electrolysis equipment that is primarily nuclear-powered. A voltage penalty accompanies the higher current. A 10% increase in capital cost for electrolysis equipment enables it to accommodate the higher rate of hydrogen generation, while still being substantially cheaper than the capital cost of wind-dedicated electrolysis. Real-time data for electricity costs have been combined with real-time wind variability in our NuWind model. The variability in wind fields between sites was accommodated by assuming an average wind speed that produced an average electricity

Wind power and a liberalised North European electricity exchange

Energy Technology Data Exchange (ETDEWEB)

Nielsen, L H; Morthorst, P E; Skytte, K [and others

1999-03-01

Conditions for wind power on a liberalised North European electrical power market are addressed in the paper. Results are presented from a recently completed study carried out by Risoe National Laboratory in collaboration with the Danish electric utilities Eltra, Elsam and Elkraft. A main result from the study is, that the market will be able to provide the necessary power regulation, that will be required year 2005 as consequence of the expected wind power capacity extension, according to the Danish energy plan, Energy21. The averege sales price on the market for the wind-generated electricity is less than the average spot market price, due to provision of power regulation to balance the unpredictability of the wind power. This reduction in the market value of wind power has been calculated to 10-20 DKK/MWh of 1.3-2.7 EUR/MWh. (au)

On wind power in the Nordic countries

International Nuclear Information System (INIS)

Nilsson, Lars J.

1993-01-01

The purpose of this article is to discuss the prospects for a large scale introduction of wind power in the Nordic countries especially with respect to the consequences for small independent power producers of the ongoing and planned deregulation of the electricity sector. The recoverable wind resources are great and integration costs are small due to the good load following capability of the existing Swedish and Norwegian hydroelectric capacity. The structure of the present electricity system and the current principles for electricity trade are reviewed. To what extent wind power will be the technology of choice for capacity replacement and expansion depends on how intermittent power will be valued on the future electricity market. In a deregulated market, wind power may be priced below its value unless appropriate pricing mechanisms are developed. Market reforms should therefore include consideration of the large contribution that wind energy must make in a future electricity system which, in addition to being economically efficient, is compatible with broader societal goals. 47 refs, 2 figs

The wind power of Mexico

International Nuclear Information System (INIS)

Hernandez-Escobedo, Q.; Manzano-Agugliaro, F.; Zapata-Sierra, A.

2010-01-01

The high price of fossil fuels and the environmental damage they cause have encouraged the development of renewable energy resources, especially wind power. This work discusses the potential of wind power in Mexico, using data collected every 10 min between 2000 and 2008 at 133 automatic weather stations around the country. The wind speed, the number of hours of wind useful for generating electricity and the potential electrical power that could be generated were estimated for each year via the modelling of a wind turbine employing a logistic curve. A linear correlation of 90.3% was seen between the mean annual wind speed and the mean annual number of hours of useful wind. Maps were constructed of the country showing mean annual wind speeds, useful hours of wind, and the electrical power that could be generated. The results show that Mexico has great wind power potential with practically the entire country enjoying more than 1700 h of useful wind per year and the potential to generate over 2000 kW of electrical power per year per wind turbine installed (except for the Chiapas's State). Indeed, with the exception of six states, over 5000 kW per year could be generated by each turbine. (author)

The impact of wind generation on the electricity spot-market price level and variance: The Texas experience

International Nuclear Information System (INIS)

Woo, C.K.; Horowitz, I.; Moore, J.; Pacheco, A.

2011-01-01

The literature on renewable energy suggests that an increase in intermittent wind generation would reduce the spot electricity market price by displacing high fuel-cost marginal generation. Taking advantage of a large file of Texas-based 15-min data, we show that while rising wind generation does indeed tend to reduce the level of spot prices, it is also likely to enlarge the spot-price variance. The key policy implication is that increasing use of price risk management should accompany expanded deployment of wind generation. - Highlights: → Rising wind generation in ERCOT tends to reduce electricity spot prices. → Rising wind generation in ERCOT is also likely to enlarge the spot-price variance. → Increased price risk management should accompany expanded wind power deployment.

Market to facilitate wind and solar energy integration in the bulk power supply

Energy Technology Data Exchange (ETDEWEB)

Milligan, Michael [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Soeder, Lennart [Royal Inst. of Tech., Stockholm (Sweden); Holttinen, Hannele [VTT Energy, Espoo (Finland); Clark, Charlton [U.S. Department of Energy Washington, DC (United States); Pineda, Ivan [European Wind Energy Association, Brussels (Belgium); Collaboration: IEA Task 25 collaboration

2012-07-01

Wind and solar power will give rise to challenges in electricity markets regarding flexibility, capacity adequacy, and the participation of wind and solar generators to markets. Large amounts of wind power will have impacts on bulk power system markets and electricity prices. If the markets respond to increased wind power by increasing investments in low-capital-cost/high-marginal-cost power, the average price may remain in the same range. However, the experiences so far from Denmark, Germany, Spain, and Ireland are that the average market prices decreased because of wind power. This reduction in price may result in additional revenue insufficiency, which may be corrected with a capacity market; however, capacity markets are difficult to design. Further, the flexibility attributes of the capacity need to be considered. Markets facilitating wind and solar integration will include possibilities for trading close to delivery (either by shorter gate closure times or intraday markets). Time steps chosen for markets can enable more flexibility to be assessed. Experience from 5- and 10-minute markets has been encouraging. (orig.)

Short-term strategies for Dutch wind power producers to reduce imbalance costs

International Nuclear Information System (INIS)

Chaves-Ávila, José Pablo; Hakvoort, Rudi A.; Ramos, Andrés

2013-01-01

The paper assesses bidding strategies for a wind power producer in the Netherlands. To this end, a three-stage stochastic optimization framework is used, maximizing wind power producer's profit using the day-ahead and cross-border intraday market, taking into account available interconnection capacity. Results show that the wind power producer can increase its profits by trading on the intraday market and – under certain imbalance prices – by intentionally creating imbalances. It has been considered uncertainties about prices, power forecast and interconnection capacity at the day-ahead and intraday timeframes. - Highlights: ► A cross-border bidding strategy model for wind power producers has been developed. ► The model was applied to a real case study of a Dutch offshore wind power producer. ► Under certain imbalance prices, it is not profitable to deliver all possible power. ► Intraday markets give the possibility to reduce imbalance costs. ► Integration of intraday markets will increase liquidity.

High penetration wind generation impacts on spot prices in the Australian national electricity market

International Nuclear Information System (INIS)

Cutler, Nicholas J.; Boerema, Nicholas D.; MacGill, Iain F.; Outhred, Hugh R.

2011-01-01

This paper explores wind power integration issues for the South Australian (SA) region of the Australian National Electricity Market (NEM) by assessing the interaction of regional wind generation, electricity demand and spot prices over 2 recent years of market operation. SA's wind energy penetration has recently surpassed 20% and it has only a limited interconnection with other regions of the NEM. As such, it represents an interesting example of high wind penetration in a gross wholesale pool market electricity industry. Our findings suggest that while electricity demand continues to have the greatest influence on spot prices in SA, wind generation levels have become a significant secondary influence, and there is an inverse relationship between wind generation and price. No clear relationship between wind generation and demand has been identified although some periods of extremely high demand may coincide with lower wind generation. Periods of high wind output are associated with generally lower market prices, and also appear to contribute to extreme negative price events. The results highlight the importance of electricity market and renewable policy design in facilitating economically efficient high wind penetrations. - Highlights: → In South Australia (SA) wind generation is having an influence on market prices. → Little or no correlation is found between wind generation and demand. → Wind farms in SA are receiving a lower average price than in other States. → The results highlight the importance of appropriate electricity market design.

Wind energy in electric power production. Preliminary study

Energy Technology Data Exchange (ETDEWEB)

Lento, R; Peltola, E

1984-01-15

The wind speed conditions in Finland have been studied with the aid of the existing statistics of the Finnish Meteorological Institute. With the aid of the statistics also estimates on the available wind energy were made. 800 wind power plants, 1.5 MW each, on the windiest west coast would produce about 2 TWh energy per year. Far more information on the temporal, geographical and vertical distribution of the wind speed than the present statistics include is needed when the available wind energy is estimated, when wind power plants are dimensioned optimally, and when suitable locations are chosen for them. The investment costs of a wind power plant increase when the height of the tower or the diameter of the rotor is increased, but the energy production increases, too. Thus, overdimensioning the wind power plant in view of energy needs or the wind conditions causes extra costs. The cost of energy produced by wind power can not yet compete with conventional energy, but the situation changes to the advantage of wind energy, if the real price of the plants decreases (among other things due to large series production and increasing experience), or if the real price of fuels rises. The inconvinience on the environment caused by the wind power plants is considered insignificant. The noise caused by the plant attenuates rapidly with distance. No harmful effects birds and other animals caused by the wind power plants have been observed in the studies made abroad. Parts of a plant getting loose during an accident, or ice forming on the blades are estimated to fly even from a large plant only a few hundred meters.

Impact of integrating wind power in the Norwegian power system

International Nuclear Information System (INIS)

Tande, John Olav

2006-04-01

Wind power may in the future constitute a significant part of the Norwegian electricity supply. 20 TWh annual wind generation is a realistic goal for 2020 assuming wind farms on-land and offshore. The development of grid codes for wind farms is sound. It is recognising that large wind farms are basically power plants and may participate in securing efficient and stable power system operation. Modern wind farms may control the reactive power or voltage as any other power plant, and may also control active power or frequency as long as wind conditions permits. Grid code requirements must however be carefully assessed and possibly adjusted over time aiming for overall least cost solutions. Development of wind farms are today to some degree hindered by conservative assumptions being made on operation of wind farms in areas with limited power transfer capacity. By accepting temporary grid congestions, however, a large increase installed wind power is viable. For grid congestion that appears a few hours per year only, the cost of lost generation will be modest and may be economic over the alternatives of limiting wind farm capacities or increasing the grid transfer capacity. Wind generation impact on power system operation and adequacy will be overall positive. Combining wind and hydro provides for a more stable annual energy supply than hydro alone, and wind generation will generally be higher in the winter period than in the summer. Wind will replace the generation with the highest operating cost, and reduce the average Nord Pool spot market price. 20 TWh wind will reduce price with about 3 oere/kWh and CO 2 emissions by 12-14 million tons for the case of replacing coal, and about 6 million tons for replacing natural gas. Wind impact on need for balancing power is small, i.e. the extra balancing cost is about 0,8 oere per kWh wind, and about half if investment in new reserve capacity is not needed. In summary this report demonstrates options for large scale integration

Wind power in Norway; Vindkraft i Norge

Energy Technology Data Exchange (ETDEWEB)

NONE

1998-12-01

This report analyses business costs and socio-economic costs in the development of wind power in Norway and policy instruments to encourage such a development. It is founded on an analysis of the development of wind power in other countries, notably U.S.A, Denmark, Germany, the Netherlands and Britain. The report describes the institutional background in each country, the policy instruments that have been used and still are and the results achieved. The various cost components in Norwegian wind power development and the expected market price of wind power are also discussed. The discussion of instruments distinguishes between investment oriented and production oriented instruments. 8 refs., 9 figs., 3 tabs.

Real-Time Tariffs for Electric Vehicles in Wind Power based Power Systems

DEFF Research Database (Denmark)

Morais, Hugo; Sousa, Tiago; Silva, Marco

2013-01-01

’ behaviour and also the impact in load diagram. The paper proposes the energy price variation according to the relation between wind generation and power consumption. The proposed strategy was tested in two different days in the Danish power system. January 31st and August 13th 2013 were selected because......The use of Electric Vehicles (EVs) will change significantly the planning and management of power systems in a near future. This paper proposes a real-time tariff strategy for the charge process of the EVs. The main objective is to evaluate the influence of real-time tariffs in the EVs owners...... of the high quantities of wind generation. The main goal is to evaluate the changes in the EVs charging diagram with the energy price preventing wind curtailment....

Mastering the power of wind

International Nuclear Information System (INIS)

Stiegel, J.

1999-01-01

In this paper the author deals with environmental aspects use of fossil fuels for the energy production. As a way for our planet to get back to a normal and ecologically balanced system the fossil fuels reduction and their replacement by renewable racecourses is recommended. Energetic potential of flowing sun, wind and tidal waves as power resources is discussed. The natural ecological resources are best utilised in the United States where the installed wind power output is 1600 MW. With 360 MW installed output in 1991 the Denmark took lead among European countries in utilising the wind power. The most dynamic power plant development among the European Union countries was recorded in Germany, where the installed power output of the wind power plants is 632 MW, i.e. i.e. 11.5 times higher compared to 55 MW in 1991. The economy of wind power in Germany and in Slovakia is compared. In Slovakia with annual 200 000 kWh power generation annually and the present kWh purchase price guarantee the rate of return of 10 million slovak crowns investment into a wind power plant project is in 100 years. Although the first wind power plants have already been built in the Zahorie, Kremnicke Bane, and Secovce regions, the wind exploitation status in Slovakia is still limping. According to professionals, the wind conditions in Slovakia are not ideal, but sufficient for a supplementary wind power plant system, that can be quite motivating especially for villages. Mount Chopok or mount Krizna are ideal sites to erect the three-blade tower with respect to wind speed. And also the anticipated Kremnicke vrchy site is worth considering. (author)

A probabilistic assessment of large scale wind power development for long-term energy resource planning

Science.gov (United States)

Kennedy, Scott Warren

A steady decline in the cost of wind turbines and increased experience in their successful operation have brought this technology to the forefront of viable alternatives for large-scale power generation. Methodologies for understanding the costs and benefits of large-scale wind power development, however, are currently limited. In this thesis, a new and widely applicable technique for estimating the social benefit of large-scale wind power production is presented. The social benefit is based upon wind power's energy and capacity services and the avoidance of environmental damages. The approach uses probabilistic modeling techniques to account for the stochastic interaction between wind power availability, electricity demand, and conventional generator dispatch. A method for including the spatial smoothing effect of geographically dispersed wind farms is also introduced. The model has been used to analyze potential offshore wind power development to the south of Long Island, NY. If natural gas combined cycle (NGCC) and integrated gasifier combined cycle (IGCC) are the alternative generation sources, wind power exhibits a negative social benefit due to its high capacity cost and the relatively low emissions of these advanced fossil-fuel technologies. Environmental benefits increase significantly if charges for CO2 emissions are included. Results also reveal a diminishing social benefit as wind power penetration increases. The dependence of wind power benefits on natural gas and coal prices is also discussed. In power systems with a high penetration of wind generated electricity, the intermittent availability of wind power may influence hourly spot prices. A price responsive electricity demand model is introduced that shows a small increase in wind power value when consumers react to hourly spot prices. The effectiveness of this mechanism depends heavily on estimates of the own- and cross-price elasticities of aggregate electricity demand. This work makes a valuable

Market conditions for wind power and biofuel-based cogeneration

International Nuclear Information System (INIS)

1994-07-01

The aim of this study is to analyze the prerequisites for biofuel-based cogeneration plants and for wind power, with special emphasis on following factors: 1/ The effect on the Swedish energy market of the opening of the power transmission networks for free competition within the electric power supply sector. 2/ A market model for the connection between the prices on fossil fuels, biomass fuels, electric power, and heating on the Swedish market. The analysis is made for three scenarios concerning carbon dioxide/energy taxation and the oil price development. The three scenarios are: A. Constant prices on heating oil and coal., B. An internationally uniform carbon dioxide tax, which successively is raised to SEK 0.40 per kilo carbon dioxide to the year 2010. In the year 2005 this will correspond to a doubling of the present prices on crude oil., C. An unilateral Swedish energy- and carbon dioxide tax of todays model (without exception for electric power generation), with constant import prices on heating oil and coal. The decisive factors for bio-cogeneration are construction- and operation costs, the costs of biofuels, and the sales price on electric power and heat. For wind power it is the construction- and operation costs that settle the conditions. 18 figs, 6 tabs

The price of electric power in EU region decreased in 1998

International Nuclear Information System (INIS)

Kolttola, L.

2000-01-01

The price of both household and industrial electric power decreased in EU region during 1998. The price of industrial power decreased by more than 3% and that of households by 0.5%. According to the Eurostat the price of industrial power decreased most in Germany and in Lisbon in Portugal. In the statistics Germany has been divided into several sub-areas. In most of these areas the price decrease was more than 10%. The price of the electric power increased e.g. in London and Birmingham in UK. The price of the electric power consumed by households decreased significantly in Athens (Greece), in Finland and Portugal, and they increased most in the Netherlands and in Leipzig in Germany. The price of industrial electric power is cheapest in Sweden being only about 0.21 FIM (0.035) per kWh, and in Finland the price in the beginning of 1999 was 0.26 FIM (0.0431) per kWh. The price of industrial electric power was highest in Germany and Italy. VAT is not included in the prices used in the survey of industrial electric power. The power consumption of the plants used in the comparison is 2.0 million kWh, the maximum power 500 kW and the maximum operation time 4000 h/a. The price of electric power for households in Greece, there it is cheapest, was under 0.4 FIM (0.07) per kWh. The data of Greece is collected from Athens. In Finland the price of domestic power was second lowest, being less than 0.5 FIM/kWh. The prices in Italy and Denmark were highest in the EU region. The households selected to the survey use 3500 kWh of power annually, 1300 kWh of which is consumed in the night. All the taxes, also VAT, have been included in the price. In 1998 half of the power (52%) was generated by traditional thermal power. The share of nuclear power was 34% and that of hydroelectric power and others 14%. The others group include also the wind power. In 1998 the consumption of thermal power increased by 5%, as well as the consumption of hydroelectric power and other, while the generation

Local ownership, smart energy systems and better wind power economy

DEFF Research Database (Denmark)

Hvelplund, Frede; Möller, Bernd; Sperling, Karl

2013-01-01

is never sold at a lower price than the most expensive heat alternative. The other is to lower the average costs of wind power by building more onshore wind power capacity, and proportionally less offshore wind power. This is facilitated by local and regional majority ownership models that increase...... the acceptance rate of onshore wind. The economy of wind power is thus improved by both increasing its value and reducing its costs.......Increasing wind power shares enhances the need to integrate wind power into the energy system and to improve its economy. In this study we propose two ways of achieving this end. One is to increase the value of wind power by integrating the heat and power markets, and thus ensures that wind power...

Business case uncertainty of power plants in future energy systems with wind power

International Nuclear Information System (INIS)

Brouwer, Anne Sjoerd; Broek, Machteld van den; Özdemir, Özge; Koutstaal, Paul; Faaij, André

2016-01-01

The European power sector is transforming due to climate policies and an increased deployment of intermittent RES. The sector will require thermal power plants for the decades to come, but their business cases are (negatively) affected by this transformation. This study presents a novel tool to quantify the effect of policy, price and project-related uncertainties on power plant business cases. This tool can support policymakers in stimulating necessary investments in new thermal generation capacity. We find that these investments are currently unsound (power plants recoup on average –12% to 59% of their initial investment). Future climate policy, i.e. the CO_2 price, has a very strong impact on business cases (affects the profitability by 5–40%-points). The impact of the deployment of wind power is average (2–8%-point difference between 10% and 21% wind penetration). Variations in annual wind power production barely affect the profitability (variation of ±1%-point). To stimulate new investments, policymakers should first decrease the uncertainty in business cases caused by policy. Durable climate policy is especially important. Also, policies to increase the profits of thermal power plants should be carefully considered and implemented. This combined approach will reduce the revenue gap that needs to be bridged by supportive policies. - Highlights: • The operation of thermal power plants is affected by CO_2 prices and wind power. • A new tool quantifies the effect of their uncertainty on power plant profitability. • New power plants are unprofitable and show a large spread in expected profits. • Uncertain future climate policy is a key factor in all business cases (±56% change). • Increasing wind power penetration (10–21%) decreases profitability by 14%.

Well-functioning balancing markets. A prerequisite for wind power integration

International Nuclear Information System (INIS)

Vandezande, Leen; Meeus, Leonardo; Belmans, Ronnie; Saguan, Marcelo; Glachant, Jean-Michel

2010-01-01

This article focuses on the design of balancing markets in Europe taking into account an increasing wind power penetration. In several European countries, wind generation is so far not burdened with full balancing responsibility. However, the more wind power penetration, the less bearable for the system not to allocate balancing costs to the responsible parties. Given the variability and limited predictability of wind generation, full balancing exposure is however only feasible conditionally to well-functioning balancing markets. On that account, recommendations ensuring an optimal balancing market design are formulated and their impact on wind generation is assessed. Taking market-based or cost-reflective imbalance prices as the main objective, it is advised that: (1) the imbalance settlement should not contain penalties or power exchange prices, (2) capacity payments should be allocated to imbalanced BRPs via an additive component in the imbalance price and (3) a cap should be imposed on the amount of reserves. Efficient implementation of the proposed market design may require balancing markets being integrated across borders. (author)

The merit-order effect in the Italian power market: The impact of solar and wind generation on national wholesale electricity prices

International Nuclear Information System (INIS)

Clò, Stefano; Cataldi, Alessandra; Zoppoli, Pietro

2015-01-01

Italy promoted one of the most generous renewable support schemes worldwide which resulted in a high increase of solar power generation. We analyze the Italian day-ahead wholesale electricity market, finding empirical evidence of the merit-order effect. Over the period 2005–2013 an increase of 1 GWh in the hourly average of daily production from solar and wind sources has, on average, reduced wholesale electricity prices by respectively 2.3€/MWh and 4.2€/MWh and has amplified their volatility. The impact on prices has decreased over time in correspondence with the increase in solar and wind electricity production. We estimate that, over the period 2009–2013, solar production has generated higher monetary savings than wind production, mainly because the former is more prominent than the latter. However, in the solar case, monetary savings are not sufficient to compensate the cost of the related supporting schemes which are entirely internalized within end-user tariffs, causing a reduction of the consumer surplus, while the opposite occurs in the case of wind. - Highlights: • We find empirical evidence of the merit-order effect in the Italian market. • 1 GWh from solar and wind (hourly average) reduces prices by 2.3€/MW and 4.2€/MWh. • The impact of RES on price has declined as RES production has increased. • Monetary savings from solar production do not compensate the cost of the incentives. • Monetary savings from wind production are higher than the cost of the incentives

Windonomics. Empirical essays on the economics of wind power in the Nordic electricity market

Energy Technology Data Exchange (ETDEWEB)

Mauritzen, Johannes

2012-07-01

From the introduction: The following chapters in this dissertation take up three topics surrounding the interaction of wind power investment in Denmark and the functioning of the deregulated Nordic electricity market. The first two chapters take up the issue of how wind power a affects prices in the deregulated market. I find that electricity price variation in the spot market is lower in days with more wind power. In the following chapter I extend this analysis to see how wind power in Denmark affects prices in neighbouring hydro power dominated Norway. I find that wind power affects the magnitude of trade between the countries asymmetrically - dependent on the net direction of trade. I also find that wind power has a slight but statistically significant negative effect on prices in Norway, likely due to a slackening of hydro power producers supply constraints. The last chapter starts with the observation that most turbines are scrapped in order to make room for a newer turbine. An opportunity cost that comes from the interaction of scarce land resources, technological change and government policy is then a dominant reason for the scrapping of wind turbines. This leads to the implication that turbines located on windier, better situated land have a higher risk of being scrapped. Policy is also shown to have a strong and in some respects unexpected effect on scrappings. Over the last two decades two major trends have taken place in power markets around the world. The first has been a movement towards market based power systems. Vertically integrated power companies have been split into component generation, transmission and retailing companies. Generation and retailing have been opened to competition. Increasingly, regulated prices and bilateral trade are being replaced by regulated markets that establish prices through auction mechanisms. The second trend has been investment in renewable and intermittent energy sources - notably wind power. What started as

Wind power

Energy Technology Data Exchange (ETDEWEB)

1979-01-01

This publication describes some of the technical, economic, safety and institutional considerations involved in the selection, installation and evaluation of a wind generation system. This information is presented, where possible, in practical, non-technical terms. The first four sections provide background information, theory, and general knowledge, while the remaining six sections are of a more specific nature to assist the prospective owner of a wind generator in his calculations and selections. Meteorological information is provided relating to the wind regime in Nova Scotia. The section on cost analysis discusses some of the factors and considerations which must be examined in order to provide a logical comparison between the alternatives of electricity produced from other sources. The final two sections are brief summaries of the regulations and hazards pertaining to the use of wind generators. The cost of wind-generated electricity is high compared to present Nova Scotia Power Corporation rates, even on Sable Island, Nova Scotia's highest wind area. However, it may be observed that Sable Island is one of the areas of Nova Scotia which is not presently supplied through the power grid and, particularly if there was a significant increase in the price of diesel oil, wind-generated electricity may well be the most economical alternative in that area. Generally speaking, however, where a consumer can purchase electricity at the normal domestic rate, wind generators are not economical, and they will not become economical unless there is a great reduction in their cost, an great increase in electricity rates, or both. Includes glossary. 23 figs., 11 tabs.

Wind to power a new city in Oman

International Nuclear Information System (INIS)

Albadi, M.H.; El-Saadany, E.F.; Albadi, H.A.

2009-01-01

This paper proposes the use of wind power as a source of electricity in a new city being developed in the Duqm area of Oman. Recent wind speed measurements taken at the Duqm metrological station are analyzed to obtain the annual and monthly wind probability distribution profiles represented by Weibull parameters. The monthly average mean wind speed ranges between 2.93 m/s in February and 9.76 m/s in July, with an annual average of 5.33 m/s. A techno-economic evaluation of a wind power project is presented to illustrate the project's viability. Given Duqm's wind profile and the power curve characteristics of a V90-1.8 turbine, an annual capacity factor of 0.36 is expected. For the base-case assumptions, the cost of electricity is about 0.05 and 0.08 per kWh for discount rates of 5% and 10%, respectively. These values are higher than that of the existing generation system, due to the subsidized prices of domestically available natural gas. However, given high international natural gas prices, the country's long-term LNG export obligations, and the expansion of natural gas-based industries, investments in wind power in Duqm can be justified. A feed-in tariff and capital cost allowance policies are recommended to facilitate investments in this sector. (author)

A mixed C-vine copula model for hedging price and volumetric risk in wind power trading

DEFF Research Database (Denmark)

Pircalabu, Anca; Jung, Jesper

2017-01-01

correlation with the much more liquid German market to construct a proxy hedge. We propose a three-dimensional mixed vine copula to model the evolution of the Danish and German spot electricity prices and the Danish wind power production. We construct a realistic hedging portfolio by identifying various...... of not only forwards, but also a basket of e.g. call and put options. Illiquidity and an almost non-existent market for options challenge however the optimal hedging of joint price and volumetric risk in many market places. Here, we consider the case of the Danish power market, and exploit its strong positive...... instruments available in the market, such as real options in the form of the right to transfer electricity across the border and the right to convert electricity to heat. Using the proposed vine copula to determine optimal hedging decisions, we show that significant benefits are to be drawn by extending...

The large-scale integration of wind generation: Impacts on price, reliability and dispatchable conventional suppliers

International Nuclear Information System (INIS)

MacCormack, John; Hollis, Aidan; Zareipour, Hamidreza; Rosehart, William

2010-01-01

This work examines the effects of large-scale integration of wind powered electricity generation in a deregulated energy-only market on loads (in terms of electricity prices and supply reliability) and dispatchable conventional power suppliers. Hourly models of wind generation time series, load and resultant residual demand are created. From these a non-chronological residual demand duration curve is developed that is combined with a probabilistic model of dispatchable conventional generator availability, a model of an energy-only market with a price cap, and a model of generator costs and dispatch behavior. A number of simulations are performed to evaluate the effect on electricity prices, overall reliability of supply, the ability of a dominant supplier acting strategically to profitably withhold supplies, and the fixed cost recovery of dispatchable conventional power suppliers at different levels of wind generation penetration. Medium and long term responses of the market and/or regulator in the long term are discussed.

Incentives and barriers for wind power expansion and system integration in Denmark

DEFF Research Database (Denmark)

Hvelplund, Frede; Ostergaard, Poul Alberg; Meyer, Niels I

2017-01-01

In Denmark expansion of on-shore, near-shore and off-shore wind power is planned to increase the wind power share to 50% of electricity consumption by 2020. In this situation a continuation of past policies will not suffice, and a dual-track incentive system that both establishes incentives...... for investing in wind power and integration infrastructure with integration between the electricity, heating and transportation sectors, is required. The current Danish taxation system discourages electricity use and works against this integration. Likewise, the current day-ahead electricity spot market...... is not appropriate for a high-wind future as wind reduces price levels, but integration across sectors can partly assist in increasing demand and prices. The European Emission Trading System does not suffice in providing a level playing field for wind power and thus needs a revision. Another barrier for on...

Impact of optimal load response to real-time electricity price on power system constraints in Denmark

DEFF Research Database (Denmark)

Hu, Weihao; Chen, Zhe; Bak-Jensen, Birgitte

2010-01-01

Since the hourly spot market price is available one day ahead in Denmark, the price could be transferred to the consumers and they may shift their loads from high price periods to the low price periods in order to save their energy costs. The optimal load response to a real-time electricity price...... and may represent the future of electricity markets in some ways, is chosen as the studied power system in this paper. A distribution system where wind power capacity is 126% of maximum loads is chosen as the study case. This paper presents a nonlinear load optimization method to real-time power price...... for demand side management in order to save the energy costs as much as possible. Simulation results show that the optimal load response to a real-time electricity price has some good impacts on power system constraints in a distribution system with high wind power penetrations....

Large-scale Wind Power integration in a Hydro-Thermal Power Market

OpenAIRE

Trøtscher, Thomas

2007-01-01

This master thesis describes a quadratic programming model used to calculate the spot prices in an efficient multi-area power market. The model has been adapted to Northern Europe, with focus on Denmark West and the integration of large quantities of wind power. In the model, demand and supply of electricity are equated, at an hourly time resolution, to find the spot price in each area. Historical load values are used to represent demand which is assumed to be completely inelastic. Supply i...

Hydro to market green power at special prices

International Nuclear Information System (INIS)

McArthur, D.; Salaff, S.

1996-01-01

A 600 kW grid-connected demonstration wind turbine at Ontario Place will provide green power to Toronto residents early in 1997. The joint venture project partners include publicly owned Ontario Hydro, Toronto Hydro and Natural Resources Canada. The power will be sold at a premium under arrangements yet to be announced. The green power pricing initiative would allow some customers to buy their electricity at a green price. The project could be a self-financing model for future renewable energy development. The Ontario Place turbine project will determine whether Toronto electricity customers want green power or electricity from nuclear and fossil stations, and could determine which type of generation should be built in the future

Economically Feasible Potentials for Wind Power in China and the US

Science.gov (United States)

Lu, X.; McElroy, M. B.; Chris, N. P.; Tchou, J.

2011-12-01

The present study is intended to explore the economic feasible potentials for wind energy in China and the U.S. subject to their policy systems for renewable energy. These two countries were chosen as subject locales for three reasons: first, they are the two largest countries responsible for energy consumption and CO2 emissions; second, these two countries have the largest installed capacities and the fastest annual growth of wind power in the world; third, China and the U.S. have adopted two distinct but representative incentive policies to accelerate exploitation of the renewable energy source from wind. Investments in large-scale wind farms in China gain privileges from the concession policy established under China's Renewable Energy Law. The electricity generated from wind can be sold at a guaranteed price for a concession period (typically the first ten operational years of a wind farm) to ensure the profitability of the wind farm development. The effectiveness of this policy has been evidenced by the swift growth of total installed capacities for wind power over the past five years in China. A spatial financial model was developed to evaluate the bus-bar prices of wind-generated electricity in China following this wind concession policy. The results indicated that wind could accommodate all of the demand for electricity projected for 2030 assuming a guaranteed bus-bar price of 7.6 U.S. Cents per kWh over the concession period. It is noteworthy that the prices of wind-generated electricity could be as cheap as conventional power generation in the years following the concession period. The power market in the U.S. is more deregulated and electricity is normally traded in a bidding process an hour to a day ahead of real time. Accordingly, the market-oriented policy instrument of PTC subsidies was instituted in the U.S. to ensure the competitiveness of wind power compared to the conventional power generation in the regional power markets. The spatial financial

Wind power forecasting accuracy and uncertainty in Finland

Energy Technology Data Exchange (ETDEWEB)

Holttinen, H.; Miettinen, J.; Sillanpaeae, S.

2013-04-15

Wind power cannot be dispatched so the production levels need to be forecasted for electricity market trading. Lower prediction errors mean lower regulation balancing costs, since relatively less energy needs to go through balance settlement. From the power system operator point of view, wind power forecast errors will impact the system net imbalances when the share of wind power increases, and more accurate forecasts mean less regulating capacity will be activated from the real time Regulating Power Market. In this publication short term forecasting of wind power is studied mainly from a wind power producer point of view. The forecast errors and imbalance costs from the day-ahead Nordic electricity markets are calculated based on real data from distributed wind power plants. Improvements to forecasting accuracy are presented using several wind forecast providers, and measures for uncertainty of the forecast are presented. Aggregation of sites lowers relative share of prediction errors considerably, up to 60%. The balancing costs were also reduced up to 60%, from 3 euro/MWh for one site to 1-1.4 euro/MWh to aggregate 24 sites. Pooling wind power production for balance settlement will be very beneficial, and larger producers who can have sites from larger geographical area will benefit in lower imbalance costs. The aggregation benefits were already significant for smaller areas, resulting in 30-40% decrease in forecast errors and 13-36% decrease in unit balancing costs, depending on the year. The resulting costs are strongly dependent on Regulating Market prices that determine the prices for the imbalances. Similar level of forecast errors resulted in 40% higher imbalance costs for 2012 compared with 2011. Combining wind forecasts from different Numerical Weather Prediction providers was studied with different combination methods for 6 sites. Averaging different providers' forecasts will lower the forecast errors by 6% for day-ahead purposes. When combining

The development of the wind power industry in Quebec

International Nuclear Information System (INIS)

2006-05-01

This analysis examined the current situation of wind power development in the province of Quebec and presented a qualitative assessment of the economic repercussions in terms of employment, investments and environmental and social impacts. The development of the wind power industry in Quebec gained momentum in 2003 when the provincial government expressed support for fast growth of wind power. In response, Hydro-Quebec launched an invitation to interested stakeholders to tender for 1000 MW of wind power projects to be installed between 2006 and 2012. The invitation was a great success, with more than 4000 MW of projects filed. The average price of the selected offers was 6.5 cents per kWh for 990 MW in 8 projects. The economic repercussions related to construction of wind farms in the Gaspe was discussed along with indirect and induced economic repercussions for suppliers and subcontractors in the entire province. It was noted that Quebec is already a leader in the field of electricity and wind energy consultation. Stimulated by these successes, the government of Quebec recently raised its target for wind power development to 2,500 MW. Therefore, taking into account the wind developments already supported by Hydro-Quebec, the installed wind capacity in Quebec is expected to reach more than 4000 MW by 2015, with an investment by the wind power industry of more than 5.8 billion dollars. The wind power industry is expected to generate 45,000 direct or indirect jobs for more than a 20 year period. Presently, the government of Quebec supports the establishment of a local wind market to promote free competition, energy diversity, and coexistence of key players. As its international support mechanism, Quebec chose to integrate regional economic development criteria with the price of electricity. In the long term, the wind industry could constitute a key element in Quebec's sustainable energy development plan. 9 refs., 1 tab

Marketing research with respect to centralized electric power generation with wind turbines. Verkenning van de markt voor centrale elektriciteitsopwekking met windenergie

Energy Technology Data Exchange (ETDEWEB)

Lenstra, W.J.; Van den Doel, J.C.

1985-01-01

The electric utilities so far are not eager to invest in wind power as long as the price per kWh wind power is higher than saved fuel costs. The price the electric utilities are willing to pay for surplus wind power still remains low. Combined with price expectations in the near future for fossil fuels the market does not show great prospects. Wind turbine manufacturers were asked about price-quantity curves of wind turbine types: 3 MW, 1 MW, and 300 kW respectively. Combining the demand and supply side of the market it seems possible in areas having a good wind regime to exploit wind power in a cost-effective way. For a market incentive a wind power capacity of 400 MW: 75-3 MW wind turbines, 120-1 MW wind turbines, 15-300 kW wind turbines and 50 MW for demonstration projects for proving the viability of the technology. 3 figs., 2 tabs.

Operational Strategies for a Portfolio of Wind Farms and CHP Plants in a Two-Price Balancing Market

DEFF Research Database (Denmark)

Hellmers, Anna; Zugno, Marco; Skajaa, Anders

2015-01-01

In this paper we explore the portfolio effect of a system consisting of a Combined Heat and Power (CHP) plant and a wind farm. The goal is to increase the overall profit of the portfolio by reducing imbalances, and consequently their implicit penalty in a two-price balancing market for electricity......-horizon fashion, so that forecasts for heat demand, wind power production and market prices are updated at each iteration. We conclude that the portfolio strategy is the most profitable due to the two-price structure of the balancing market. This encourages producers to handle their imbalances outside the market........ We investigate two different operational strategies, which differ in whether the CHP plant and the wind farm are operated jointly or independently, and we evaluate their economic performance on a real case study based on a CHP-wind system located in the western part of Denmark. We present...

Stochastic Optimal Wind Power Bidding Strategy in Short-Term Electricity Market

DEFF Research Database (Denmark)

Hu, Weihao; Chen, Zhe; Bak-Jensen, Birgitte

2012-01-01

Due to the fluctuating nature and non-perfect forecast of the wind power, the wind power owners are penalized for the imbalance costs of the regulation, when they trade wind power in the short-term liberalized electricity market. Therefore, in this paper a formulation of an imbalance cost...... minimization problem for trading wind power in the short-term electricity market is described, to help the wind power owners optimize their bidding strategy. Stochastic optimization and a Monte Carlo method are adopted to find the optimal bidding strategy for trading wind power in the short-term electricity...... market in order to deal with the uncertainty of the regulation price, the activated regulation of the power system and the forecasted wind power generation. The Danish short-term electricity market and a wind farm in western Denmark are chosen as study cases due to the high wind power penetration here...

Large-scale wind power integration and wholesale electricity trading benefits: Estimation via an ex post approach

International Nuclear Information System (INIS)

Gil, Hugo A.; Gomez-Quiles, Catalina; Riquelme, Jesus

2012-01-01

The integration of large-scale wind power has brought about a series of challenges to the power industry, but at the same time a number of benefits are being realized. Among those, the ability of wind power to cause a decline in the electricity market prices has been recognized. In quantifying this effect, some models used in recent years are based on simulations of the market supply-side and the price clearing process. The accuracy of the estimates depend on the quality of the input data, the veracity of the adopted scenarios and the rigorousness of the solution technique. In this work, a series of econometric techniques based on actual ex post wind power and electricity price data are implemented for the estimation of the impact of region-wide wind power integration on the local electricity market clearing prices and the trading savings that stem from this effect. The model is applied to the case of Spain, where the estimated savings are compared against actual credit and bonus expenses to ratepayers. The implications and extent of these results for current and future renewable energy policy-making are discussed. - Highlights: ► Wholesale electricity market trading benefits by wind power are quantified. ► Actual wind power forecast-based bids and electricity price data from Spain are used. ► Different econometric tools are used and compared for improved estimation accuracy. ► Estimated benefits outweigh current credit overhead paid to wind farms in Spain. ► An economically efficient benefit surplus allocation framework is proposed.

Photovoltaic power: the inadequate purchase price

International Nuclear Information System (INIS)

Finon, D.

2009-01-01

The current policy of guaranteed purchase prices applied to photovoltaic power lacks rationality: prices are not graduated, commitment times are too long, there is no capping to capacity developed, subsidies (tax credit, direct subsidy, etc) are complex and give too favourable a return time. The lack of differentiation between products may also delay the emergence of new PV technologies. As a result, it is legitimate to envisage a cost/benefit analysis of future subsidies and to wonder about Frances ability, as a second rank player, to catch up with the leaders (Germany, Japan, United States). The report does not criticize policy based on purchase prices in itself: this is suitable or technology close to commercial operation in that it guarantees stable terms close to wholesale electricity market prices. It does, however, criticize adequacy in terms of less advanced PV technology, which results in purchase prices five times that of wind power. The report proposes re-targeting the system to take account of the significant stakes in PV power. Costly incentives for installing land PV cells and units should be quickly reduced, while industrial demonstration budgets deserve increases to further the development of new technologies (improved crystal silicon and thin layers). The demonstration phase and industrial development should be the primary focus, where a large part of potentially promising reductions in costs are likely to be achieved. (author)

Use of Local Dynamic Electricity Prices for Indirect Control of DER Power Units

DEFF Research Database (Denmark)

Nørgård, Per Bromand; Isleifsson, Fridrik Rafn

2013-01-01

the grid voltage. The algorithms generating the local prices are dynamically adjusted according to the actual realised responses to the dynamic prices. Results are presented from an adapted version of the control principle implemented and tested in DTUs experimental research power system, SYSLAB, including...... wind power, solar power, flexible load and electrical storage. The local power price generation is based on the actual Nord Pool DK2 Spot prices on hourly basis as the quasi-stationary global electricity price, and the local SYSLAB's power exchange with the national grid as basis for the dynamic price...... system. A challenge is to find a cheap, simple and robust way to requests the proper power regulation by the DER power units. The use of broadcasted, dynamic power prices and volunteer responses is one option. The paper presents a proposal for and an illustration of advanced generation of local, dynamic...

Influence of wind power, plug-in electric vehicles, and heat storages on power system investments

DEFF Research Database (Denmark)

Kiviluoma, Juha; Meibom, Peter

2010-01-01

Due to rising fuel costs, the substantial price for CO2 emissions and decreasing wind power costs, wind power might become the least expensive source of power for an increasing number of power systems. This poses the questions of how wind power might change optimal investments in other forms...... of power production and what kind of means could be used to increase power system flexibility in order to incorporate the variable power production from wind power in a cost-effective manner. We have analysed possible effects using an investment model that combines heat and power production and simulates...... electric vehicles. The model runs in an hourly time scale in order to accommodate the impact of variable power production from wind power. Electric vehicles store electricity for later use and can thus serve to increase the flexibility of the power system. Flexibility can also be upgraded by using heat...

Optimal Wind Power Uncertainty Intervals for Electricity Market Operation

Energy Technology Data Exchange (ETDEWEB)

Wang, Ying; Zhou, Zhi; Botterud, Audun; Zhang, Kaifeng

2018-01-01

It is important to select an appropriate uncertainty level of the wind power forecast for power system scheduling and electricity market operation. Traditional methods hedge against a predefined level of wind power uncertainty, such as a specific confidence interval or uncertainty set, which leaves the questions of how to best select the appropriate uncertainty levels. To bridge this gap, this paper proposes a model to optimize the forecast uncertainty intervals of wind power for power system scheduling problems, with the aim of achieving the best trade-off between economics and reliability. Then we reformulate and linearize the models into a mixed integer linear programming (MILP) without strong assumptions on the shape of the probability distribution. In order to invest the impacts on cost, reliability, and prices in a electricity market, we apply the proposed model on a twosettlement electricity market based on a six-bus test system and on a power system representing the U.S. state of Illinois. The results show that the proposed method can not only help to balance the economics and reliability of the power system scheduling, but also help to stabilize the energy prices in electricity market operation.

Hydrogen from nuclear plus wind using real-time electricity prices. Abstract 154

International Nuclear Information System (INIS)

Miller, A.I.; Duffey, R.B.; Fairlie, M.

2004-01-01

'Full text:' During the early years of hydrogen's use as a vehicle fuel, penetration of the market will be small. This favours distributed production by electrolysis, which avoids the scale-dependent costs of distribution from centralized plants. For electrolysis actually to be the preferred option, capital equipment for electrolysis must be reasonably cheap but the dominant cost component is the electricity price. By about 2006, advanced designs of nuclear reactors should be available to produce electricity at around 30 US$/MW.h. The best approach to producing low-cost electrolytic hydrogen is shown to be use of such reactors to supply electricity to the grid at times of peak price and demand and to make hydrogen at other times. This model has been analysed using the actual prices of electricity paid by the Alberta Power Pool in 2002 and 2003 and by the Ontario Grid for 2003. The analysis shows clearly that this route electrolytic hydrogen can comfortably meet the US Department of Energy's hydrogen production-cost target of 2000$/t. Because of its low availability wind-produced electricity cannot meet this cost target. However, if wind availability can reach 35% availability, an intermittent supplementary current of wind-generated electricity may economically be fed to an electrolytic plant primarily supplied by nuclear power. Additional current raises the voltage for electrolysis but there would be only small additional capital costs. The two non-CO 2 -emitting sources, nuclear and wind (or other intermittent renewables with costs comparable to advanced nuclear) could become complementary, providing an affordable way of storing wind-generated electricity. (author)

Does wind power amount to a luxury in France?

International Nuclear Information System (INIS)

Brassard, G.

2010-01-01

The avoided costs to the French electrical system thanks to wind power generation should be calculated by estimating avoided domestic generation costs rather than by using the cost of contracts traded on international exchanges, as is currently done by regulatory authorities. Up to now, wind power has basically displaced thermal power. The French Energy Regulatory Commission has feared that, in the future nuclear energy and thermal power could be equally substituted by wind power. Excess power capacity might induce authorities to postpone development of additional nuclear and renewable facilities. However, barring a collapse of electricity requirements in Europe, it is expected that electricity surpluses will be exported to neighboring networks. In the eventuality of increasing world energy prices, wind power would generate significant savings or the French electrical system, as the cost of wind power will be stable over the 15 year mandatory contracts. After taking account of external costs, wind-power on the French mainland is competitive with all other sources of electricity. With this conditions wind power is likely to play a significant and long term role in the French power generation mix. (author)

Barriers to wind power exports from the Maritime provinces to the US northeast

International Nuclear Information System (INIS)

Dalton, J.

2009-01-01

This presentation discussed a study that evaluated wind energy export potential from the Maritime provinces to the northeastern United States. The study assessed key market issues likely to affect the exports. The study showed that the Maritime provinces are capable of generating 5500 to 7500 MW of wind. The current electricity system is capable of integrating 2100 MW. Wind power integration between the 2 regions would require transmission upgrades, increased transmission capacity, and better coordination between system operators. Barriers to exports from the Maritimes include limited capacity on existing interties and high transmission tariffs. Uniform transmission tariffs are needed throughout the Maritime provinces. Coordination and integration of operators and utilities is needed to reduce the costs of wind power integration. Increased wind power production reduces price risks related to high energy prices. It was concluded that wind power is a cost-effective method of providing renewable and low carbon dioxide (CO 2 ) generation electricity in the northeastern United States. tabs., figs

Hydrogen from nuclear plus wind using real-time electricity prices

International Nuclear Information System (INIS)

Miller, A.I.; Duffey, R.B.; Fairlie, M.; Anders, P.

2004-01-01

During the early years of hydrogen's use as a vehicle fuel, penetration of the market will be small. This favours distributed production by electrolysis, which avoids the scale-dependent costs of distribution from centralized plants. For electrolysis actually to be the preferred option, capital equipment for electrolysis must be reasonably cheap but the dominant cost component is the electricity price. By about 2006, advanced designs of nuclear reactors should be available to produce electricity at around 30 US$/MW.h at the plant gate. The best approach to producing low-cost electrolytic hydrogen is shown to be use of such reactors to supply electricity to the grid at times of peak price and demand and to make hydrogen at other times In this paper, this model has been used to calculate the production costs for electrolytic hydrogen at the location where the electricity is generated, using the actual prices of electricity paid by the Alberta Power Pool in 2002 and 2003 and by the Ontario Grid for 2003. The analysis shows clearly that by optimizing the co-production of hydrogen and electricity (referred to as the H 2 /e process) the cost for hydrogen produced can comfortably meet the US Department of Energy's target of 2000 US$/tonne. Because of its lower availability factor, wind-produced electricity cannot meet this cost target. However, if wind power availability can reach 35%, an intermittent supplementary current of wind-generated electricity may economically be fed to an electrolytic plant primarily supplied by nuclear power. Additional current raises the voltage for electrolysis but there would be only small additional capital costs. The two non-CO 2 -emitting sources, nuclear and wind could become complementary, providing an affordable way of storing wind-generated electricity when the supply exceeds demand in electricity markets The analyses presented in this paper looks at the case of bulk production of H 2 /e in a 'wholesale' energy market and does not

Pricing Electricity in Pools With Wind Producers

DEFF Research Database (Denmark)

Morales González, Juan Miguel; Conejo, A. J.; Kai Liu

2012-01-01

This paper considers an electricity pool that includes a significant number of wind producers and is cleared through a network-constrained auction, one day in advance and on an hourly basis. The hourly auction is formulated as a two-stage stochastic programming problem, where the first stage...... represents the clearing of the market and the second stage models the system operation under a number of plausible wind production realizations. This formulation co-optimizes energy and reserve, and allows deriving both pool energy prices and balancing energy prices. These prices result in both cost recovery...... for producers and revenue reconciliation. A case study of realistic size is used to illustrate the functioning of the proposed pricing scheme....

System Dynamics Simulation of Large-Scale Generation System for Designing Wind Power Policy in China

Directory of Open Access Journals (Sweden)

Linna Hou

2015-01-01

Full Text Available This paper focuses on the impacts of renewable energy policy on a large-scale power generation system, including thermal power, hydropower, and wind power generation. As one of the most important clean energy, wind energy has been rapidly developed in the world. But in recent years there is a serious waste of wind power equipment and investment in China leading to many problems in the industry from wind power planning to its integration. One way overcoming the difficulty is to analyze the influence of wind power policy on a generation system. This paper builds a system dynamics (SD model of energy generation to simulate the results of wind energy generation policies based on a complex system. And scenario analysis method is used to compare the effectiveness and efficiency of these policies. The case study shows that the combinations of lower portfolio goal and higher benchmark price and those of higher portfolio goal and lower benchmark price have large differences in both effectiveness and efficiency. On the other hand, the combinations of uniformly lower or higher portfolio goal and benchmark price have similar efficiency, but different effectiveness. Finally, an optimal policy combination can be chosen on the basis of policy analysis in the large-scale power system.

Bidding Strategy of Virtual Power Plant with Energy Storage Power Station and Photovoltaic and Wind Power

Directory of Open Access Journals (Sweden)

Zhongfu Tan

2018-01-01

Full Text Available For the virtual power plants containing energy storage power stations and photovoltaic and wind power, the output of PV and wind power is uncertain and virtual power plants must consider this uncertainty when they participate in the auction in the electricity market. In this context, this paper studies the bidding strategy of the virtual power plant with photovoltaic and wind power. Assuming that the upper and lower limits of the combined output of photovoltaic and wind power are stochastically variable, the fluctuation range of the day-ahead energy market and capacity price is stochastically variable. If the capacity of the storage station is large enough to stabilize the fluctuation of the output of the wind and photovoltaic power, virtual power plants can participate in the electricity market bidding. This paper constructs a robust optimization model of virtual power plant bidding strategy in the electricity market, which considers the cost of charge and discharge of energy storage power station and transmission congestion. The model proposed in this paper is solved by CPLEX; the example results show that the model is reasonable and the method is valid.

Butinge Wind Power Plant - Pre-engineering

Energy Technology Data Exchange (ETDEWEB)

Mollestad, Knut A.

1997-03-01

A preliminary study has been done for a wind farm at Butinge in Lithuania consisting of six 600 kW wind turbines. The location of the wind farm is planned near the border with Latvia and near the coast of the Baltic Sea. The preliminary study has through a relatively detailed technical examination of the project, primarily aimed at gathering basic data for budget estimation and cost calculations. Other relevant aspects of the project are also considered. These include an examination of the basis for the project, an analysis of wind conditions, consideration of the various environmental conditions, discussion about the form of organisation and division of responsibility, as well as an examination of the operational and maintenance framework. Based on wind measurements taken at IFE (Institute for Energy Technology), the annual mean wind is estimated to be 7.3 m/s at 45 m height (equivalent to the hub height for the proposed wind turbines). A production calculation has also been done, which shows that the total energy production of the entire wind farm is expected to 9.47 GWh per year. This is equivalent to a use time of 2630 hours respective to a load factor of 30%. The total cost is estimated at 30.2 mill NOK, and the energy price (including operational costs) delivered from the ''power plant wall'', based on this figure and the production estimate, is calculated at 0,32 NOK/kWh. This is based on a lifetime of 20 years for the facility and a 6.5% required rate of return. In addition, there is outlined a possible financial solution based on various price-scenarios and support arrangements. With an equity capital of 8% and 28% external support, the project meets the current energy price in Lithuania (3,4 US cents/kWh). Without support the sales price of the produced energy is increased by approx. 50%. (author)

Turning the wind into hydrogen: The long-run impact on electricity prices and generating capacity

International Nuclear Information System (INIS)

Green, Richard; Hu, Helen; Vasilakos, Nicholas

2011-01-01

Hydrogen production via electrolysis has been proposed as a way of absorbing the fluctuating electricity generated by wind power, potentially allowing the use of cheap electricity at times when it would otherwise be in surplus. We show that large-scale adoption of electrolysers would change the shape of the load-duration curve for electricity, affecting the optimal capacity mix. Nuclear power stations will replace gas-fired power stations, as they are able to run for longer periods of time. Changes in the electricity capacity mix will be much greater than changes to the pattern of prices. The long-run supply price of hydrogen will thus tend to be insensitive to the amount produced. - Research Highlights: → Hydrogen production from electrolysis may offset intermittent wind generation. → The generation capacity mix will change in response to changed demand patterns. → The long-run equilibrium supply curve for hydrogen will be quite flat. → The production cost will be very sensitive to fuel prices paid by generators.

Outlooks for Wind Power in the United States: Drivers and Trends under a 2016 Policy Environment

Energy Technology Data Exchange (ETDEWEB)

Mai, Trieu [National Renewable Energy Lab. (NREL), Golden, CO (United States); Lantz, Eric [National Renewable Energy Lab. (NREL), Golden, CO (United States); Ho, Jonathan [National Renewable Energy Lab. (NREL), Golden, CO (United States); Stehly, Tyler [National Renewable Energy Lab. (NREL), Golden, CO (United States); Heimiller, Donna [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2016-12-01

Over the past decade, wind power has become one of the fastest growing electricity generation sources in the United States. Despite this growth, the U.S. wind industry continues to experience year-to-year fluctuations across the manufacturing and supply chain as a result of dynamic market conditions and changing policy landscapes. Moreover, with advancing wind technologies, ever-changing fossil fuel prices, and evolving energy policies, the long-term future for wind power is highly uncertain. In this report, we present multiple outlooks for wind power in the United States, to explore the possibilities of future wind deployment. The future wind power outlooks presented rely on high-resolution wind resource data and advanced electric sector modeling capabilities to evaluate an array of potential scenarios of the U.S. electricity system. Scenario analysis is used to explore drivers, trends, and implications for wind power deployment over multiple periods through 2050. Specifically, we model 16 scenarios of wind deployment in the contiguous United States. These scenarios span a wide range of wind technology costs, natural gas prices, and future transmission expansion. We identify conditions with more consistent wind deployment after the production tax credit expires as well as drivers for more robust wind growth in the long run. Conversely, we highlight challenges to future wind deployment. We find that the degree to which wind technology costs decline can play an important role in future wind deployment, electric sector CO₂ emissions, and lowering allowance prices for the Clean Power Plan.

Analysis of electricity price in Danish competitive electricity market

DEFF Research Database (Denmark)

Hu, Weihao; Chen, Zhe; Bak-Jensen, Birgitte

2012-01-01

electricity markets in some ways, is chosen as the studied power system. 10 year actual data from the Danish competitive electricity market are collected and analyzed. The relationship among the electricity price (both the spot price and the regulation price), the consumption and the wind power generation...... in an electricity market is investigated in this paper. The spot price and the regulation price generally decrease when the wind power penetration in the power system increases or the consumption of the power system decreases. The statistical characteristics of the spot price and the regulation price for different...... consumption periods and wind power penetration are analyzed. Simulation results show that the findings of this paper are useful for wind power generation companies to make the optimal bidding strategy so that the imbalance cost of trading wind power on the electricity market could be reduced....

Analysis of Strategic Wind Power Participation in Energy Market using MASCEM simulator

DEFF Research Database (Denmark)

Soares, Tiago; Santos, Gabriel; Pinto, Tiago

2015-01-01

offering strategy for wind power plants to participate in both energy and ancillary services markets. MASCEM (Multi-Agent System for Competitive Electricity Markets) is used to simulate and validate the impact of wind power plants in market equilibrium. A case study based on real and recent data...... technology, suggests that wind power plants may participate in both energy and ancillary services markets with strategic behavior to improve their benefits. Thus, wind power generation with strategic behavior may have impact on market equilibrium and pricing. This paper evaluates the impact of a proportional...

Electricity prices, large-scale renewable integration, and policy implications

International Nuclear Information System (INIS)

Kyritsis, Evangelos; Andersson, Jonas; Serletis, Apostolos

2017-01-01

This paper investigates the effects of intermittent solar and wind power generation on electricity price formation in Germany. We use daily data from 2010 to 2015, a period with profound modifications in the German electricity market, the most notable being the rapid integration of photovoltaic and wind power sources, as well as the phasing out of nuclear energy. In the context of a GARCH-in-Mean model, we show that both solar and wind power Granger cause electricity prices, that solar power generation reduces the volatility of electricity prices by scaling down the use of peak-load power plants, and that wind power generation increases the volatility of electricity prices by challenging electricity market flexibility. - Highlights: • We model the impact of solar and wind power generation on day-ahead electricity prices. • We discuss the different nature of renewables in relation to market design. • We explore the impact of renewables on the distributional properties of electricity prices. • Solar and wind reduce electricity prices but affect price volatility in the opposite way. • Solar decreases the probability of electricity price spikes, while wind increases it.

Wind Energy Facilities and Residential Properties: The Effect of Proximity and View on Sales Prices

Energy Technology Data Exchange (ETDEWEB)

Hoen, Ben; Wiser, Ryan; Cappers, Peter; Thayer, Mark; Sethi, Gautam

2010-04-01

With wind energy expanding rapidly in the U.S. and abroad, and with an increasing number of communities considering nearby wind power developments, there is a need to empirically investigate community concerns about wind project development. One such concern is that property values may be adversely affected by wind energy facilities, and relatively little existing research exists on the subject. The present research is based on almost 7,500 sales of single-family homes situated within ten miles of 24 existing wind facilities in nine different U.S. states. The conclusions of the study are drawn from four different hedonic pricing models. The model results are consistent in that neither the view of the wind facilities nor the distance of the home to those facilities is found to have a statistically significant effect on home sales prices.

Strategic wind power trading considering rival wind power production

DEFF Research Database (Denmark)

Exizidis, Lazaros; Kazempour, Jalal; Pinson, Pierre

2016-01-01

In an electricity market with high share of wind power, it is expected that wind power producers may exercise market power. However, wind producers have to cope with wind’s uncertain nature in order to optimally offer their generation, whereas in a market with more than one wind producers, uncert...... depending on the rival’s wind generation, given that its own expected generation is not high. Finally, as anticipated, expected system cost is higher when both wind power producers are expected to have low wind power generation......In an electricity market with high share of wind power, it is expected that wind power producers may exercise market power. However, wind producers have to cope with wind’s uncertain nature in order to optimally offer their generation, whereas in a market with more than one wind producers......, uncertainty of rival wind power generation should also be considered. Under this context, this paper addresses the impact of rival wind producers on the offering strategy and profits of a pricemaker wind producer. A stochastic day-ahead market setup is considered, which optimizes the day-ahead schedules...

Wind Generators and Market Power

DEFF Research Database (Denmark)

Misir, Nihat

price thresholds are significantly higher when the monopolist at the peakload level owns both types of generators. Furthermore, when producing electricity with the peakload generator, the monopolist can avoid facing prices below marginal cost by owning a certain share of the wind generators.......Electricity production from wind generators holds significant importance in European Union’s 20% renewable energy target by 2020. In this paper, I show that ownership of wind generators affects market outcomes by using both a Cournot oligopoly model and a real options model. In the Cournot...... oligopoly model, ownership of the wind generators by owners of fossil-fueled (peakload) generators decreases total peakload production and increases the market price. These effects increase with total wind generation and aggregate wind generator ownership. In the real options model, start up and shut down...

Use of wind power forecasting in operational decisions.

Energy Technology Data Exchange (ETDEWEB)

Botterud, A.; Zhi, Z.; Wang, J.; Bessa, R.J.; Keko, H.; Mendes, J.; Sumaili, J.; Miranda, V. (Decision and Information Sciences); (INESC Porto)

2011-11-29

The rapid expansion of wind power gives rise to a number of challenges for power system operators and electricity market participants. The key operational challenge is to efficiently handle the uncertainty and variability of wind power when balancing supply and demand in ths system. In this report, we analyze how wind power forecasting can serve as an efficient tool toward this end. We discuss the current status of wind power forecasting in U.S. electricity markets and develop several methodologies and modeling tools for the use of wind power forecasting in operational decisions, from the perspectives of the system operator as well as the wind power producer. In particular, we focus on the use of probabilistic forecasts in operational decisions. Driven by increasing prices for fossil fuels and concerns about greenhouse gas (GHG) emissions, wind power, as a renewable and clean source of energy, is rapidly being introduced into the existing electricity supply portfolio in many parts of the world. The U.S. Department of Energy (DOE) has analyzed a scenario in which wind power meets 20% of the U.S. electricity demand by 2030, which means that the U.S. wind power capacity would have to reach more than 300 gigawatts (GW). The European Union is pursuing a target of 20/20/20, which aims to reduce greenhouse gas (GHG) emissions by 20%, increase the amount of renewable energy to 20% of the energy supply, and improve energy efficiency by 20% by 2020 as compared to 1990. Meanwhile, China is the leading country in terms of installed wind capacity, and had 45 GW of installed wind power capacity out of about 200 GW on a global level at the end of 2010. The rapid increase in the penetration of wind power into power systems introduces more variability and uncertainty in the electricity generation portfolio, and these factors are the key challenges when it comes to integrating wind power into the electric power grid. Wind power forecasting (WPF) is an important tool to help

Wind up with continuous intra-day electricity markets? The integration of large-share wind power generation in Denmark

International Nuclear Information System (INIS)

Karanfil, Fatih; Li, Yuanjing

2015-01-01

This paper suggests an innovative idea to examine the functionality of an electricity intra-day market by testing causality among its fundamental components. As fluctuations of poorly predicted wind power generation are challenging the stability of the current electricity system, an intra-day market design can play an important role in managing wind forecast errors. Using Danish and Nordic data, it investigates the main drivers of the price difference between the intra-day and day-ahead markets, and causality between wind forecast errors and their counterparts. Our results show that the wind and conventional generation forecast errors significantly cause the intra-day price to differ from the day-ahead price, and that the relative intra-day price decreases with the unexpected amount of wind generation. Cross-border electricity exchanges are found to be important to handle wind forecast errors. Additionally, some zonal differences with respect to both causality and impulse responses are detected. This paper provides the first evidence on the persuasive functioning of the intra-day market in the case of Denmark, whereby intermittent production deviations are effectively reduced, and wind forecast errors are jointly handled through the responses from demand, conventional generation, and intra-day international electricity trade. (authors)

Optimal Offering and Operating Strategy for a Large Wind-Storage System as a Price Maker

DEFF Research Database (Denmark)

Ding, Huajie; Pinson, Pierre; Hu, Zechun

2017-01-01

Wind farms and energy storage systems are playing increasingly more important roles in power systems, which makes their offering non-negligible in some markets. From the perspective of wind farm-energy storage systems (WF-ESS), this paper proposes an integrated strategy of day-ahead offering...... and real-time operation policies to maximize their overall profit. As participants with large capacity in electricity markets can influence cleared prices by strategic offering, a large scaled WFESS is assumed to be a price maker in day-ahead markets. Correspondingly, the strategy considers influence...

Generator Rescheduling under Congested Power System with Wind Integrated Competitive Power Market

Directory of Open Access Journals (Sweden)

Sadhan Gope

2017-02-01

Full Text Available Integration of renewable energy like wind or solar energy creates a huge pressure to the system operator (SO to ensure the congestion free transmission network under deregulated power market. Congestion Management (CM with integration of wind farm in double auction electricity market are described in this work to minimize fuel cost, system losses and locational marginal price (LMP of the system. Location of Wind Farm (WF is identified based by using Bus sensitivity factor (BSF, which is also used for selection of load bus for double auction bidding (DAB. The impacts of wind farm in congested power system under deregulated environment have been investigated in this work. Modified 39-bus New England test system is used for demonstrate the effectiveness of the presented approach by using Sequential Quadratic Programming (SQP.

Wind power: cost effective generation for the 1990s

Energy Technology Data Exchange (ETDEWEB)

Pedersen, T [Vestas Wind Systems A/S (Denmark)

1989-01-01

Wind power plants have been installed all over the world, notably in California and Denmark. Commercially available wind turbines today are rated from 50 KW to 1 MW with emphasis on the 1 MW range. As the fuel is ''free'' generating costs are identical to the capital, operation and maintenance costs of the plant. An estimate of the unit price of wind power generated electricity in Denmark is comparable to that generated by a coal fired plant. The main environmental impacts of a wind farm are considered. These are visual impact, noise emission, use of (agricultural) space and the impact on wildlife, mainly birds. Finally the installation of a wind farm and its connection to the grid are described. (3 figures, 1 table). (UK)

Wind power plants the fuel savers

International Nuclear Information System (INIS)

Akbar, M.

2006-01-01

Wind is a converted from of solar energy. The Sun's radiation heats different parts of the earth at variable rates as the earth surfaces absorb or reflect at different rates. This in turn causes portions of the atmosphere to warm at varying levels. The hot air rises reducing atmospheric pressure at the earth's surface beneath, the cooler air rushes to replace it and in the process creates a momentum called wind. Air possesses mass and when it sets into motion, it contains the energy of that motion, called the Kinetic Energy. A part of the Kinetic Energy of the wind can be converted into other forms of energy i.e. mechanical force or electric power that can be used to perform work. The cost of electric energy from the wind system has dropped from the initial cost of 30 to 40 Cents per kWh to about 5 to 7 Cents/k Wh during the past 20 years. The costs are continually declining as the technology is advanced, the unit size is increased and larger plants are built. Wind power is now a viable, robust and fast growing industry. The cost of wind energy is expected to drop to 2 to 3 Cents / kWh during the next 5 to 10 years. Due to sky-rocketing prices of the fossil fuels, the competitive position of power generation technologies is rapidly changing. Wind energy is likely to emerge as the cheapest source of electric power generation in the global market in the near future. The current assessment of the global wind resources indicate that the wind energy potential is more than double the world's electricity needs. (author)

Decision Support Tools for Electricity Retailers, Wind Power and CHP Plants Using Probabilistic Forecasts

DEFF Research Database (Denmark)

Zugno, Marco; Morales González, Juan Miguel; Madsen, Henrik

2015-01-01

: trading for a price-maker wind power producer, management of heat and power systems, operation for retailers in a dynamic-price market. A selection of results shows the viability and appropriateness of the presented stochastic optimization approaches for managing energy systems under uncertainty....

How does market power affect the impact of large scale wind investment in 'energy only' wholesale electricity markets?

International Nuclear Information System (INIS)

Browne, Oliver; Poletti, Stephen; Young, David

2015-01-01

In the short run, it is well known that increasing wind penetration is likely to reduce spot market electricity prices due to the merit order effect. The long run effect is less clear because there will be a change in new capacity investment in response to the wind penetration. In this paper we examine the interaction between capacity investment, wind penetration and market power by first using a least-cost generation expansion model to simulate capacity investment with increasing amounts of wind generation, and then using a computer agent-based model to predict electricity prices in the presence of market power. We find the degree to which firms are able to exercise market power depends critically on the ratio of capacity to peak demand. For our preferred long run generation scenario we show market power increases for some periods as wind penetration increases however the merit order counteracts this with the results that prices overall remain flat. Returns to peakers increase significantly as wind penetration increases. The market power in turn leads to inefficient dispatch which is exacerbated with large amounts of wind generation. - Highlights: • Increasing investment in wind generation is analyzed using an agent based model. • In an energy only market, increased total capacity reduces market power. • Increasing wind penetration results in more market power in some periods. • Market power causes dispatch inefficiencies, which grow as wind capacity increases.

Influence of wind power, plug-in electric vehicles, and heat storages on power system investments

International Nuclear Information System (INIS)

Kiviluoma, Juha; Meibom, Peter

2010-01-01

Due to rising fuel costs, the substantial price for CO 2 emissions and decreasing wind power costs, wind power might become the least expensive source of power for an increasing number of power systems. This poses the questions of how wind power might change optimal investments in other forms of power production and what kind of means could be used to increase power system flexibility in order to incorporate the variable power production from wind power in a cost-effective manner. We have analysed possible effects using an investment model that combines heat and power production and simulates electric vehicles. The model runs in an hourly time scale in order to accommodate the impact of variable power production from wind power. Electric vehicles store electricity for later use and can thus serve to increase the flexibility of the power system. Flexibility can also be upgraded by using heat storages with heat from heat pumps, electric heat boilers and combined heat and power (CHP) plants. Results show that there is great potential for additional power system flexibility in the production and use of heat. (author)

Markets to Facilitate Wind and Solar Energy Integration in the Bulk Power Supply: An IEA Task 25 Collaboration; Preprint

Energy Technology Data Exchange (ETDEWEB)

Milligan, M.; Holttinen, H.; Soder, L.; Clark, C.; Pineda, I.

2012-09-01

Wind and solar power will give rise to challenges in electricity markets regarding flexibility, capacity adequacy, and the participation of wind and solar generators to markets. Large amounts of wind power will have impacts on bulk power system markets and electricity prices. If the markets respond to increased wind power by increasing investments in low-capital, high-cost or marginal-cost power, the average price may remain in the same range. However, experiences so far from Denmark, Germany, Spain, and Ireland are such that the average market prices have decreased because of wind power. This reduction may result in additional revenue insufficiency, which may be corrected with a capacity market, yet capacity markets are difficult to design. However, the flexibility attributes of the capacity also need to be considered. Markets facilitating wind and solar integration will include possibilities for trading close to delivery (either by shorter gate closure times or intraday markets). Time steps chosen for markets can enable more flexibility to be assessed. Experience from 5- and 10-minute markets has been encouraging.

Operation and sizing of energy storage for wind power plants in a market system

International Nuclear Information System (INIS)

Korpaas, M.; Holen, A.T.

2003-01-01

This paper presents a method for the scheduling and operation of energy storage for wind power plants in electricity markets. A dynamic programming algorithm is employed to determine the optimal energy exchange with the market for a specified scheduling period, taking into account transmission constraints. During operation, the energy storage is used to smooth variations in wind power production in order to follow the scheduling plan. The method is suitable for any type of energy storage and is also useful for other intermittent energy resources than wind. An application of the method to a case study is also presented, where the impact of energy storage sizing and wind forecasting accuracy on system operation and economics are emphasized. Simulation results show that energy storage makes it possible for owners of wind power plants to take advantage of variations in the spot price, by thus increasing the value of wind power in electricity markets. With present price estimates, energy storage devices such as reversible fuel cells are likely to be a more expensive alternative than grid expansions for the siting of wind farms in weak networks. However, for areas where grid expansions lead to unwanted interference with the local environment, energy storage should be considered as a reasonable way to increase the penetration of wind power. (author)

Economics of compressed air energy storage to integrate wind power: A case study in ERCOT

Energy Technology Data Exchange (ETDEWEB)

Fertig, Emily, E-mail: efertig@andrew.cmu.ed [Carnegie Mellon Electricity Industry Center, Department of Engineering and Public Policy and Tepper School of Business, Carnegie Mellon University, 5000 Forbes Avenue, Pittsburgh, PA 15213 (United States); Apt, Jay [Carnegie Mellon Electricity Industry Center, Department of Engineering and Public Policy and Tepper School of Business, Carnegie Mellon University, 5000 Forbes Avenue, Pittsburgh, PA 15213 (United States)

2011-05-15

Compressed air energy storage (CAES) could be paired with a wind farm to provide firm, dispatchable baseload power, or serve as a peaking plant and capture upswings in electricity prices. We present a firm-level engineering-economic analysis of a wind/CAES system with a wind farm in central Texas, load in either Dallas or Houston, and a CAES plant whose location is profit-optimized. With 2008 hourly prices and load in Houston, the economically optimal CAES expander capacity is unrealistically large - 24 GW - and dispatches for only a few hours per week when prices are highest; a price cap and capacity payment likewise results in a large (17 GW) profit-maximizing CAES expander. Under all other scenarios considered the CAES plant is unprofitable. Using 2008 data, a baseload wind/CAES system is less profitable than a natural gas combined cycle (NGCC) plant at carbon prices less than $56/tCO{sub 2} ($15/MMBTU gas) to $230/tCO{sub 2} ($5/MMBTU gas). Entering regulation markets raises profit only slightly. Social benefits of CAES paired with wind include avoided construction of new generation capacity, improved air quality during peak times, and increased economic surplus, but may not outweigh the private cost of the CAES system nor justify a subsidy. - Research highlights: {yields} Sizes of CAES and transmission paired with a Texas wind farm are optimized for profit. {yields} A profit-maximizing wind farm owner would not invest in a dedicated CAES system. {yields} The social benefit of a wind/CAES system is unlikely to outweigh private cost. {yields} CAES cannot cost-effectively smooth wind power with plausible imminent carbon prices.

Economics of compressed air energy storage to integrate wind power: A case study in ERCOT

International Nuclear Information System (INIS)

Fertig, Emily; Apt, Jay

2011-01-01

Compressed air energy storage (CAES) could be paired with a wind farm to provide firm, dispatchable baseload power, or serve as a peaking plant and capture upswings in electricity prices. We present a firm-level engineering-economic analysis of a wind/CAES system with a wind farm in central Texas, load in either Dallas or Houston, and a CAES plant whose location is profit-optimized. With 2008 hourly prices and load in Houston, the economically optimal CAES expander capacity is unrealistically large - 24 GW - and dispatches for only a few hours per week when prices are highest; a price cap and capacity payment likewise results in a large (17 GW) profit-maximizing CAES expander. Under all other scenarios considered the CAES plant is unprofitable. Using 2008 data, a baseload wind/CAES system is less profitable than a natural gas combined cycle (NGCC) plant at carbon prices less than $56/tCO 2 ($15/MMBTU gas) to $230/tCO 2 ($5/MMBTU gas). Entering regulation markets raises profit only slightly. Social benefits of CAES paired with wind include avoided construction of new generation capacity, improved air quality during peak times, and increased economic surplus, but may not outweigh the private cost of the CAES system nor justify a subsidy. - Research highlights: → Sizes of CAES and transmission paired with a Texas wind farm are optimized for profit. → A profit-maximizing wind farm owner would not invest in a dedicated CAES system. → The social benefit of a wind/CAES system is unlikely to outweigh private cost. → CAES cannot cost-effectively smooth wind power with plausible imminent carbon prices.

Wind power forecasting : state-of-the-art 2009.

Energy Technology Data Exchange (ETDEWEB)

Monteiro, C.; Bessa, R.; Miranda, V.; Botterud, A.; Wang, J.; Conzelmann, G.; Decision and Information Sciences; INESC Porto

2009-11-20

uncertainty in wind power and to more efficiently operate power systems with large wind power penetrations. Moreover, in a market environment, the wind power contribution to the generation portofolio becomes important in determining the daily and hourly prices, as variations in the estimated wind power will influence the clearing prices for both energy and operating reserves. With the increasing penetration of wind power, WPF is quickly becoming an important topic for the electric power industry. System operators (SOs), generating companies (GENCOs), and regulators all support efforts to develop better, more reliable and accurate forecasting models. Wind farm owners and operators also benefit from better wind power prediction to support competitive participation in electricity markets against more stable and dispatchable energy sources. In general, WPF can be used for a number of purposes, such as: generation and transmission maintenance planning, determination of operating reserve requirements, unit commitment, economic dispatch, energy storage optimization (e.g., pumped hydro storage), and energy trading. The objective of this report is to review and analyze state-of-the-art WPF models and their application to power systems operations. We first give a detailed description of the methodologies underlying state-of-the-art WPF models. We then look at how WPF can be integrated into power system operations, with specific focus on the unit commitment problem.

An introduction to reactive power compensation for wind farms

Energy Technology Data Exchange (ETDEWEB)

Nigim, K.A. [Waterloo Univ., Ont. (Canada). Dept. of Electrical and Computer Engineering; Cairo Univ., Giza (Egypt). Faculty of Engineering; Zobaa, A.F.; El Amin, I. [King Fahd Univ. of Petroleum and Minerals, Dhahran (Saudi Arabia). Dept. of Electrical Engineering

2005-07-01

The paper summarises the refereed contributions of seven articles reviewed for publication in the IJETP - Special Issue on 'Reactive compensation for wind farms'. The main goal of the special issue is to provide a forum to exchange information on the reactive power compensation requirements for wind farms and introducing possible price mechanisms for today's deregulated power industry. Uncompensated reactive power causes stress on the hosting utility grid as well as added expenses, which create in difficulties for power purchasing agreements from independent wind energy producers. Wind power producers need to comply with the hosting utility grid interconnection standards, e.g., voltage and frequency, as well as to provide controllable active and reactive sources of power. Active power supply is mainly dependent on the potential of wind power produced and the turbine design. Reactive power demand on the other hand depends on the conversion devices and the recovered power quantity fed to the grid. Static Var Compensators (SVC), Unified Power Quality Conditioners (UPQC), Unified Power Flow Controllers (UPFC), and the Distributed Static Synchronous Compensators (DSTATCOM) are all new emerging devices aimed at regulating the reactive power requirements. The excellent controllability of these devices has paved the way to flexible and dynamic controllers that are capable of regulating the flow of active and reactive power components. These devices are now suggested for the control of the reactive power requirement of wind generators. Studies have demonstrated acceptable voltage stabilisation results. This has increased the penetration level of wind power into existing distribution networks in many countries. (Author)

An introduction to reactive power compensation for wind farms

International Nuclear Information System (INIS)

Nigim, K.A.; Cairo Univ., Giza; Zobaa, A.F.; El Amin, I.

2005-01-01

The paper summarises the refereed contributions of seven articles reviewed for publication in the IJETP - Special Issue on 'Reactive compensation for wind farms'. The main goal of the special issue is to provide a forum to exchange information on the reactive power compensation requirements for wind farms and introducing possible price mechanisms for today's deregulated power industry. Uncompensated reactive power causes stress on the hosting utility grid as well as added expenses, which create in difficulties for power purchasing agreements from independent wind energy producers. Wind power producers need to comply with the hosting utility grid interconnection standards, e.g., voltage and frequency, as well as to provide controllable active and reactive sources of power. Active power supply is mainly dependent on the potential of wind power produced and the turbine design. Reactive power demand on the other hand depends on the conversion devices and the recovered power quantity fed to the grid. Static Var Compensators (SVC), Unified Power Quality Conditioners (UPQC), Unified Power Flow Controllers (UPFC), and the Distributed Static Synchronous Compensators (DSTATCOM) are all new emerging devices aimed at regulating the reactive power requirements. The excellent controllability of these devices has paved the way to flexible and dynamic controllers that are capable of regulating the flow of active and reactive power components. These devices are now suggested for the control of the reactive power requirement of wind generators. Studies have demonstrated acceptable voltage stabilisation results. This has increased the penetration level of wind power into existing distribution networks in many countries. (Author)

Strategic Demand-Side Response to Wind Power Integration

DEFF Research Database (Denmark)

Daraeepour, Ali; Kazempour, Seyyedjalal; Patiño-Echeverri, Dalia

2016-01-01

This paper explores the effects of allowing large, price-responsive consumers to provide reserves in a power system with significant penetration of wind energy. A bilevel optimization model represents the utility maximization problem of a large consumer, subject to a stochastic day-ahead co......-optimization of energy and reserves that a system operator would solve to clear the market while considering wind power uncertainty. An examination of the market outcomes from both an illustrative and a large-scale study using this model allows analysis of a) the effects of the type of behavior of the large consumer (i...

External effects related to biogas and wind power

DEFF Research Database (Denmark)

Ibsen, Liselotte Schleisner; Nielsen, Per Sieverts

1998-01-01

Energy produced by wind power and biogas is today more expensive than energy produced by fossil fuels. However, by including external costs related to the technologies, the renewable technologies are expected to result in social benefits compared to the conventional power technologies. The paper...... will focus on estimates of externalities related to wind and biogas energy supplies using the ExternE methodology developed in a major study launched by the European Comission. External costs are the costs imporsed on society that are not included in the market price (e.g. effects of air pollution on health...

Wind rotor power station BONI-ShHV

International Nuclear Information System (INIS)

Bolotov, A.V.

1999-01-01

Wind rotor power station (WRPS) BONI-ShHV has following advantages : the increase of installation stability by rise of wind velocity and rotation speed of rotor due to gyroscopic effect; the absence noise and vibration; the safety for birds and animals; ability of compact installation and creation of series of wind power dams with higher capacity; the simplicity and fast assembling and putting into operation. The price of 1 k W of installing capacity is lower about 2.5-3 times compare to usual WRPS due to simple kinematic scheme. WRPS has high specific output of electrical energy due to use of low and long existing wind velocity and due to short storms, giving greater power. It has ability to be replayed when average annual wind velocity is above 5.5 m/s in comparison with propeller WRPS, which are never repaying. WRPS BONI-ShHV are made on the plants of Republic of Kazakhstan, and tested in wind velocity range up 45 m/s, have experience of 3 years of operation, showing their reliability and effectiveness. The repayment period of individual WRPS BONI-0.5/6 ShHV is from 10 month to 1 year depending on average annual velocity

Evaluating the Impacts of Real-Time Pricing on the Cost and Value of Wind Generation

International Nuclear Information System (INIS)

Siohansi, Ramteen

2010-01-01

One of the costs associated with integrating wind generation into a power system is the cost of redispatching the system in real-time due to day-ahead wind resource forecast errors. One possible way of reducing these redispatch costs is to introduce demand response in the form of real-time pricing (RTP), which could allow electricity demand to respond to actual real-time wind resource availability using price signals. A day-ahead unit commitment model with day-ahead wind forecasts and a real-time dispatch model with actual wind resource availability is used to estimate system operations in a high wind penetration scenario. System operations are compared to a perfect foresight benchmark, in which actual wind resource availability is known day-ahead. The results show that wind integration costs with fixed demands can be high, both due to real-time redispatch costs and lost load. It is demonstrated that introducing RTP can reduce redispatch costs and eliminate loss of load events. Finally, social surplus with wind generation and RTP is compared to a system with neither and the results demonstrate that introducing wind and RTP into a market can result in superadditive surplus gains.

The effect of real-time pricing on load shifting in a highly renewable power system dominated by generation from the renewable sources of wind and photovoltaics

Science.gov (United States)

Kies, Alexander; Brown, Tom; Schlachtberger, David; Schramm, Stefan

2017-04-01

The supply-demand imbalance is a major concern in the presence of large shares of highly variable renewable generation from sources like wind and photovoltaics (PV) in power systems. Other than the measures on the generation side, such as flexible backup generation or energy storage, sector coupling or demand side management are the most likely option to counter imbalances, therefore to ease the integration of renewable generation. Demand side management usually refers to load shifting, which comprises the reaction of electricity consumers to price fluctuations. In this work, we derive a novel methodology to model the interplay of load shifting and provided incentives via real-time pricing in highly renewable power systems. We use weather data to simulate generation from the renewable sources of wind and photovoltaics, as well as historical load data, split into different consumption categories, such as, heating, cooling, domestic, etc., to model a simplified power system. Together with renewable power forecast data, a simple market model and approaches to incorporate sector coupling [1] and load shifting [2,3], we model the interplay of incentives and load shifting for different scenarios (e.g., in dependency of the risk-aversion of consumers or the forecast horizon) and demonstrate the practical benefits of load shifting. First, we introduce the novel methodology and compare it with existing approaches. Secondly, we show results of numerical simulations on the effects of load shifting: It supports the integration of PV power by providing a storage, which characteristics can be described as "daily" and provides a significant amount of balancing potential. Lastly, we propose an experimental setup to obtain empirical data on end-consumer load-shifting behaviour in response to price incentives. References [1] Brown, T., Schlachtberger, D., Kies. A., Greiner, M., Sector coupling in a highly renewable European energy system, Proc. of the 15th International Workshop on

Large-scale utilization of wind power in China: Obstacles of conflict between market and planning

International Nuclear Information System (INIS)

Zhao Xiaoli; Wang Feng; Wang Mei

2012-01-01

The traditional strict planning system that regulates China's power market dominates power industry operations. However, a series of market-oriented reforms since 1997 call for more decentralized decision-making by individual market participants. Moreover, with the rapid growth of wind power in China, the strict planning system has become one of the significant factors that has curtailed the generation of wind power, which contradicts with the original purpose of using the government's strong control abilities to promote wind power development. In this paper, we first present the reasons why market mechanisms are important for large-scale utilization of wind power by using a case analysis of the Northeast Grid, and then we illustrate the impact of conflicts between strict planning and market mechanisms on large-scale wind power utilization. Last, we explore how to promote coordination between markets and planning to realize large-scale wind power utilization in China. We argue that important measures include implementing flexible power pricing mechanisms instead of the current fixed pricing approach, formulating a more reasonable mechanism for distributing benefits and costs, and designing an appropriate market structure for large-scale wind power utilization to promote market liquidity and to send clear market equilibrium signals. - Highlights: ► We present the reasons why market is important for utilization of wind power. ► We discuss the current situation of the conflict between planning and market. ► We study the impact of conflict between planning and market on wind power output. ► We argue how to promote coordination between market and planning.

Marketing of wind power; Vermarktung von Windenergie

Energy Technology Data Exchange (ETDEWEB)

Roon, Serafin von [Forschungsstelle fuer Energiewirtschaft e.V., Muenchen (Germany)

2011-07-01

With the integration of the fluctuating production in the system of power supply, there is the question about the impact on the electricity market. The special features of the commercialization of wind energy are: (1) The production exclusively takes place supply-dependent; (2) With fex exceptions, the supplied current is compensated according to the Renewable Energy Law; (3) The actual sale is performed by the operators of transmission systems; (4) The marginal cost are close to zero; (5) The day-ahead marketing solely based on a faulty prognosis. The author of the contribution under consideration reports on the actors and the process of wind power marketing. The alternative of direct marketing and the associated barriers and opportunities are discussed. The impact of the marketing of wind power on pricing in the electricity market is shown by means of an empirical analysis. The compensation amounts are be quantified, and the resulting cost to the balance of the forecast error are estimated.

Assessment of Wind Production Impacts to a Power System and Market Formation in Baltic

OpenAIRE

Turcik, M; Obuševs, A; Oļeiņikova, I; Junghāns, G

2013-01-01

This paper is related to the topical problem of expanding wind production integration to the power system and electricity markets. The model for simulation of wind production curves according to the development of wind capacities in Baltic is proposed. In order to evaluate the effect of the wind power integration to the price formation as well as level of system penetration by wind, methodology and algorithms taking into account the development scenarios in Baltic are pre...

The impact of European balancing rules on wind power economics and on short-term bidding strategies

International Nuclear Information System (INIS)

Chaves-Ávila, J.P.; Hakvoort, R.A.; Ramos, A.

2014-01-01

Wind power represents a significant percentage of the European generation mix and this will increase to fulfill the renewable energy targets. Different balancing rules are applied to wind power among the countries; for instance, to what extent wind power producers (WPPs) are responsible for the energy imbalances and how those imbalances are penalized. This paper discusses those different rules and evaluates their effects on WPP bidding strategies. To do so, a quantitative analysis is presented for an offshore wind farm, considering the differences in the balancing rules and prices of Belgium, Denmark, Germany and the Netherlands. The quantitative approach consists of a stochastic optimization model that maximizes the profits of a WPP by trading in different markets (day-ahead and intraday) and computes the final energy delivered. The model considers uncertainties of most important parameters such as wind energy forecasts and prices at different time frames. The results show that the imbalance pricing design and the allocation of balance responsibility significantly affect WPP’ revenues. Additionally, WPPs deviate differently from the expected energy depending on the balancing rules, which can impact the system. Furthermore, these balancing rules should be considered with other market regulations, such as the design of support schemes. - Highlights: • European countries apply different imbalance pricing rules. • The allocation of balance responsibility to wind power varies between the countries. • A stochastic optimization model is used to compare the effect of balancing rules. • Balancing rules have an important impact on wind generators bidding strategies. • Balancing rules have also an effect on the system imbalances

Wind power integration : From individual wind turbine to wind park as a power plant

NARCIS (Netherlands)

Zhou, Y.

2009-01-01

As power capacities of single wind turbine, single wind park and total wind power installation are continuously increasing, the wind power begins to challenge the safety operation of the power system. This thesis focuses on the grid integration aspects such as the dynamic behaviours of wind power

Probabilistic decision model of wind power investment and influence of green power market

International Nuclear Information System (INIS)

Gillenwater, Michael

2013-01-01

This paper presents results from a model of a representative wind power investor's decision making process using a Monte Carlo simulation of a project financial analysis. Data, in the form of probability distribution functions (PDFs) for key input variables were collected from interviews with investors and other professionals active in the U.S. wind power industry using a formal expert elicitation protocol. This study presents the first quantitative estimates of the effect of the U.S. voluntary Renewable Energy Certificate (REC) market on renewable energy generation. The results indicate that the investment decisions of wind power project developers in the United States are unlikely to have been altered by the voluntary REC market. The problem with the current voluntary REC market is that it does not offer developers a reliable risk-adjusted revenue stream. Consequently, the claims by U.S. green power retailers and promoters that voluntary market RECs result in additional wind power projects lack credibility. Even dramatic increases in voluntary market REC prices, in the absence of long-term contracts, were found to have only a small effect on investor behavior. - Highlights: • I use a formal expert elicitation to collect data from wind power investors. • I use a Monte Carlo model to look at the influence of Renewable Energy Certificates on investment. • Investment decisions are unlikely to have been altered by the voluntary REC market. • Claims that the U.S. green power market result in additional wind power lack credibility

Air emissions due to wind and solar power.

Science.gov (United States)

Katzenstein, Warren; Apt, Jay

2009-01-15

Renewables portfolio standards (RPS) encourage large-scale deployment of wind and solar electric power. Their power output varies rapidly, even when several sites are added together. In many locations, natural gas generators are the lowest cost resource available to compensate for this variability, and must ramp up and down quickly to keep the grid stable, affecting their emissions of NOx and CO2. We model a wind or solar photovoltaic plus gas system using measured 1-min time-resolved emissions and heat rate data from two types of natural gas generators, and power data from four wind plants and one solar plant. Over a wide range of renewable penetration, we find CO2 emissions achieve approximately 80% of the emissions reductions expected if the power fluctuations caused no additional emissions. Using steam injection, gas generators achieve only 30-50% of expected NOx emissions reductions, and with dry control NOx emissions increase substantially. We quantify the interaction between state RPSs and NOx constraints, finding that states with substantial RPSs could see significant upward pressure on NOx permit prices, if the gas turbines we modeled are representative of the plants used to mitigate wind and solar power variability.

Wind Energy Facilities and Residential Properties: The Effect of Proximity and View on Sales Prices

Energy Technology Data Exchange (ETDEWEB)

Hoen, Ben; Wiser, Ryan; Cappers, Peter; Thayer, Mark; Sethi, Gautam

2010-04-01

With an increasing number of communities considering nearby wind power developments, there is a need to empirically investigate community concerns about wind project development. One such concern is that property values may be adversely affected by wind energy facilities, and relatively little research exists on the subject. The present research investigates roughly 7,500 sales of single-family homes surrounding 24 existing U.S. wind facilities. Across four different hedonic models the results are consistent: neither the view of the wind facilities nor the distance of the home to those facilities is found to have a statistically significant effect on home sales prices.

Electric Vehicles for Improved Operation of Power Systems with High Wind Power Penetration

DEFF Research Database (Denmark)

Larsen, Esben; Chandrashekhara, Divya K; Østergaard, Jacob

2008-01-01

In a power system with a high share of wind energy the wind fluctuation causes a variation in the power generation, which must be compensated from other sources. The situation in Denmark with a penetration of more than 20% wind in yearly average is presented. The introduction of electric drive...... vehicles (EDV) as flexible loads can improve the system operation. Bidirectional power exchange through batteries (vehicle to grid) can be seen as a storage system in the grid. An analysis of possible economical incentives for the vehicle owners will be shown. By control of EDV charging through a price...... signal from the day ahead market the economical incentives for an EDV-owner will be small. If the EDV's can participate in the regulation of the grid through ancillary services the incentives will be increased to an attractive level....

Optimal Energy Management for the Integrated Power and Gas Systems via Real-time Pricing

DEFF Research Database (Denmark)

Shu, KangAn; Ai, Xiaomeng; Wen, Jinyu

2018-01-01

This work proposed a bi-level formulation for energy management in the integrated power and natural gas system via real-time price signals. The upper-level problem minimizes the operational cost, in which dynamic electricity price and dynamic gas tariff are proposed. The lower level problem...... and P2Gs plants follow the system operator’s preferences such as wind power accommodation, mitigation of unsupplied load and relieving the network congestion....

Scenario-based stochastic optimal operation of wind, photovoltaic, pump-storage hybrid system in frequency- based pricing

International Nuclear Information System (INIS)

Zare Oskouei, Morteza; Sadeghi Yazdankhah, Ahmad

2015-01-01

Highlights: • Two-stage objective function is proposed for optimization problem. • Hourly-based optimal contractual agreement is calculated. • Scenario-based stochastic optimization problem is solved. • Improvement of system frequency by utilizing PSH unit. - Abstract: This paper proposes the operating strategy of a micro grid connected wind farm, photovoltaic and pump-storage hybrid system. The strategy consists of two stages. In the first stage, the optimal hourly contractual agreement is determined. The second stage corresponds to maximizing its profit by adapting energy management strategy of wind and photovoltaic in coordination with optimum operating schedule of storage device under frequency based pricing for a day ahead electricity market. The pump-storage hydro plant is utilized to minimize unscheduled interchange flow and maximize the system benefit by participating in frequency control based on energy price. Because of uncertainties in power generation of renewable sources and market prices, generation scheduling is modeled by a stochastic optimization problem. Uncertainties of parameters are modeled by scenario generation and scenario reduction method. A powerful optimization algorithm is proposed using by General Algebraic Modeling System (GAMS)/CPLEX. In order to verify the efficiency of the method, the algorithm is applied to various scenarios with different wind and photovoltaic power productions in a day ahead electricity market. The numerical results demonstrate the effectiveness of the proposed approach.

The effects of forecast errors on the merchandising of wind power

International Nuclear Information System (INIS)

Roon, Serafin von

2012-01-01

A permanent balance between consumption and generation is essential for a stable supply of electricity. In order to ensure this balance, all relevant load data have to be announced for the following day. Consequently, a day-ahead forecast of the wind power generation is required, which also forms the basis for the sale of the wind power at the wholesale market. The main subject of the study is the short-term power supply, which compensates errors in wind power forecasting for balancing the wind power forecast errors at short notice. These forecast errors effects the revenues and the expenses by selling and buying power in the day-ahead, intraday and balance energy market. These price effects resulting from the forecast errors are derived from an empirical analysis. In a scenario for the year 2020 the potential of conventional power plants to supply power at short notice is evaluated from a technical and economic point of view by a time series analysis and a unit commitment simulation.

Power quality control of an autonomous wind-diesel power system based on hybrid intelligent controller.

Science.gov (United States)

Ko, Hee-Sang; Lee, Kwang Y; Kang, Min-Jae; Kim, Ho-Chan

2008-12-01

Wind power generation is gaining popularity as the power industry in the world is moving toward more liberalized trade of energy along with public concerns of more environmentally friendly mode of electricity generation. The weakness of wind power generation is its dependence on nature-the power output varies in quite a wide range due to the change of wind speed, which is difficult to model and predict. The excess fluctuation of power output and voltages can influence negatively the quality of electricity in the distribution system connected to the wind power generation plant. In this paper, the authors propose an intelligent adaptive system to control the output of a wind power generation plant to maintain the quality of electricity in the distribution system. The target wind generator is a cost-effective induction generator, while the plant is equipped with a small capacity energy storage based on conventional batteries, heater load for co-generation and braking, and a voltage smoothing device such as a static Var compensator (SVC). Fuzzy logic controller provides a flexible controller covering a wide range of energy/voltage compensation. A neural network inverse model is designed to provide compensating control amount for a system. The system can be optimized to cope with the fluctuating market-based electricity price conditions to lower the cost of electricity consumption or to maximize the power sales opportunities from the wind generation plant.

Maximizing the Social Welfare of Virtual Power Players Operation in Case of Excessive Wind Power

DEFF Research Database (Denmark)

Faria, Pedro; Vale, Zita; Morais, Hugo

2013-01-01

based generation (including wind power) has caused several changes in the operation and planning of power systems and of electricity markets. Sometimes the available non-dispatchable generation is higher than the demand. This generation must be used; otherwise it is wasted if not stored or used...... that aggregates and manages the available energy resources. When facing a situation of excessive non-dispatchable generation, including wind power, real time pricing is applied in order to induce the increase of consumption so that wind curtailment is minimized. This method is especially useful when actual...... in this paper using a real 937-bus distribution network with 20.310 consumers and 548 distributed generators, some of them non-dispatchable and with must take contracts. The implemented scenario corresponds to a real day in Portuguese power system....

The optimization model for multi-type customers assisting wind power consumptive considering uncertainty and demand response based on robust stochastic theory

International Nuclear Information System (INIS)

Tan, Zhongfu; Ju, Liwei; Reed, Brent; Rao, Rao; Peng, Daoxin; Li, Huanhuan; Pan, Ge

2015-01-01

Highlights: • Our research focuses on demand response behaviors of multi-type customers. • A wind power simulation method is proposed based on the Brownian motion theory. • Demand response revenue functions are proposed for multi-type customers. • A robust stochastic optimization model is proposed for wind power consumptive. • Models are built to measure the impacts of demand response on wind power consumptive. - Abstract: In order to relieve the influence of wind power uncertainty on power system operation, demand response and robust stochastic theory are introduced to build a stochastic scheduling optimization model. Firstly, this paper presents a simulation method for wind power considering external environment based on Brownian motion theory. Secondly, price-based demand response and incentive-based demand response are introduced to build demand response model. Thirdly, the paper constructs the demand response revenue functions for electric vehicle customers, business customers, industry customers and residential customers. Furthermore, robust stochastic optimization theory is introduced to build a wind power consumption stochastic optimization model. Finally, simulation analysis is taken in the IEEE 36 nodes 10 units system connected with 650 MW wind farms. The results show the robust stochastic optimization theory is better to overcome wind power uncertainty. Demand response can improve system wind power consumption capability. Besides, price-based demand response could transform customers’ load demand distribution, but its load curtailment capacity is not as obvious as incentive-based demand response. Since price-based demand response cannot transfer customer’s load demand as the same as incentive-based demand response, the comprehensive optimization effect will reach best when incentive-based demand response and price-based demand response are both introduced.

Strategic bidding for wind power producers in electricity markets

International Nuclear Information System (INIS)

Sharma, Kailash Chand; Bhakar, Rohit; Tiwari, H.P.

2014-01-01

Highlights: • Game theoretic bidding strategy approach developed to optimize wind power producers bids. • Rival behavior modeled through Stochastic Cournot model. • Location based dual imbalance price mechanism proposed to obtain imbalance charges. • Proposed approach evaluated using two realistic case studies. • Proposed approach increases profit of strategic wind power producers significantly. - Abstract: In evolving electricity markets, wind power producers (WPPs) would increase their profit through strategic bidding. However, generated power by WPPs is highly random, which may result into heavy imbalance charges. In markets dominated by wind generators, they would optimize their offered bids, considering rival behavior. In oligopolistic day-ahead electricity markets, this strategic behavior can be represented as a Stochastic Cournot model. Wind uncertainty is represented by scenarios generated using Auto Regressive Moving Average (ARMA) model. With a consideration of wind power uncertainty and imbalance charges, strategic WPPs can maximize their expected payoff or profit through the proposed Nash equilibrium based bidding strategy. Nash equilibrium is obtained using payoff matrix approach. Proposed approach is evaluated on two realistic case studies considering different technical constraints. Obtained results shows that proposed bidding strategy mechanism offers quantum increase in profit for WPPs, when their behavior is modeled in a game theoretic framework. Flexibility of approach offers opportunities for its extension to associated challenges

2015 Wind Technologies Market Report

Energy Technology Data Exchange (ETDEWEB)

Wiser, Ryan [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States). Electricity Markets and Policy Group; Bolinger, Mark [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States). Electricity Markets and Policy Group; Barbose, Galen [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Darghouth, Naim [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Hoen, Ben [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Mills, Andrew [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Rand, Joe [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Millstein, Dev [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Porter, Kevin [Exeter Associates, Columbia, MD (United States); Widiss, Rebecca [Exeter Associates, Columbia, MD (United States); Oteri, Frank [National Renewable Energy Lab. (NREL), Golden, CO (United States); Tegen, Suzanne [National Renewable Energy Lab. (NREL), Golden, CO (United States); Tian, Tian [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2016-08-03

Annual wind power capacity additions in the United States surged in 2015 and are projected to continue at a rapid clip in the coming five years. Recent and projected near-term growth is supported by the industry’s primary federal incentive—the production tax credit (PTC)—having been extended for several years (though with a phase-down schedule, described further on pages 68-69), as well as a myriad of state-level policies. Wind additions are also being driven by improvements in the cost and performance of wind power technologies, yielding low power sales prices for utility, corporate, and other purchasers. At the same time, the prospects for growth beyond the current PTC cycle remain uncertain: growth could be blunted by declining federal tax support, expectations for low natural gas prices, and modest electricity demand growth. This annual report—now in its tenth year—provides a detailed overview of developments and trends in the U.S. wind power market, with a particular focus on 2015. The report begins with an overview of key installation-related trends: trends in U.S. wind power capacity growth; how that growth compares to other countries and generation sources; the amount and percentage of wind energy in individual states; the status of offshore wind power development; and the quantity of proposed wind power capacity in various interconnection queues in the United States. Next, the report covers an array of wind power industry trends: developments in turbine manufacturer market share; manufacturing and supply-chain developments; wind turbine and component imports into and exports from the United States; project financing developments; and trends among wind power project owners and power purchasers. The report then turns to a summary of wind turbine technology trends: turbine size, hub height, rotor diameter, specific power, and IEC Class. After that, the report discusses wind power performance, cost, and pricing trends. In so doing, it describes

Climate change drives wind turbines in China: case study of market based wind power development

Energy Technology Data Exchange (ETDEWEB)

Ming Yang [EET Consulting, Glen Waverley, Victoria (Australia)

2004-07-01

This paper aims at quantifying the impact of government policy and clean development mechanism (CDM) on wind power development in China. Firstly we review the background of Chinese wind power development and policy, as well as literature of climate change and CDM. We then present methodology, scenarios and data of a case study for the development of a large-scale grid-connected wind farm. We undertake project financial analysis under three scenarios. Our analysis results show that the project FIRR is 8.31% if CDM benefit is not taken into account, 8.72% if CDM benefit is considered with the price of the certified emission reduction (CER) at US dollars 4, and 10.28% if both the CDM benefit and government policy on cutting value added tax (VAT) by 50% are taken into account. This paper concludes that CDM and government preferential policy on value added tax will make wind power development financially viable in China. (author)

Wind power; Le grand livre de l'eolien

Energy Technology Data Exchange (ETDEWEB)

Gipe, P

2007-07-01

This book is a translation of the edition published in the USA under the title of ''wind power: renewable energy for home, farm and business''. In the wake of mass blackouts and energy crises, wind power remains a largely untapped resource of renewable energy. It is a booming worldwide industry whose technology, under the collective wing of aficionados like author Paul Gipe, is coming of age. Wind Power guides us through the emergent, sometimes daunting discourse on wind technology, giving frank explanations of how to use wind technology wisely and sound advice on how to avoid common mistakes. Since the mid-1970's, Paul Gipe has played a part in nearly every aspect of wind energy development from installing small turbines to promoting wind energy worldwide. As an American proponent of renewable energy, Gipe has earned the acclaim and respect of European energy specialists for years, but his arguments have often fallen on deaf ears at home. Today, the topic of wind power is cropping up everywhere from the beaches of Cape Cod to the Oregon-Washington border, and one wind turbine is capable of producing enough electricity per year to run 200 average American households. Now, Paul Gipe is back to shed light on this increasingly important energy source with a revised edition of Wind Power. Over the course of his career, Paul Gipe has been a proponent, participant, observer, and critic of the wind industry. His experience with wind has given rise to two previous books on the subject, Wind Energy Basics and Wind Power for Home and Business, which have sold over 50,000 copies. Wind Power for Home and Business has become a staple for both homeowners and professionals interested in the subject, and now, with energy prices soaring, interest in wind power is hitting an all-time high. With chapters on output and economics, Wind Power discloses how much you can expect from each method of wind technology, both in terms of energy and financial savings. The

How to correct for long-term externalities of large-scale wind power development by a capacity mechanism?

International Nuclear Information System (INIS)

Cepeda, Mauricio; Finon, Dominique

2013-01-01

This paper deals with the practical problems related to long-term security of supply in electricity markets in the presence of large-scale wind power development. The success of recent renewable promotion schemes adds a new dimension to ensuring long-term security of supply: it necessitates designing second-best policies to prevent large-scale wind power development from distorting long-run equilibrium prices and investments in conventional generation and in particular in peaking units. We rely upon a long-term simulation model which simulates electricity market players' investment decisions in a market regime and incorporates large-scale wind power development in the presence of either subsidized or market driven development scenarios. We test the use of capacity mechanisms to compensate for long-term effects of large-scale wind power development on prices and reliability of supply. The first finding is that capacity mechanisms can help to reduce the social cost of large scale wind power development in terms of decrease of loss of load probability. The second finding is that, in a market-based wind power deployment without subsidy, wind generators are penalised for insufficient contribution to the long term system's reliability. - Highlights: • We model power market players’ investment decisions incorporating wind power. • We examine two market designs: an energy-only market and a capacity mechanism. • We test two types of wind power development paths: subsidised and market-driven. • Capacity mechanisms compensate for the externalities of wind power developments

Possibilities and future of wind power production in Finland

International Nuclear Information System (INIS)

Holttinen, E.; Tammelin, B.

1997-01-01

The article was prepared for two presentations for Finnish MPs late autumn 1996 in connection of the handling of new energy taxation in Finland. The governmental proposal was going to favour the use of coal and unfavour the use of renewable energy sources. The total amount of installed wind power in Finland (7 MW) was compared to some other European countries. Anyhow it is well known that the wind potential in Finland due to its long coast line, large archipelago and great number of arctic mountains, all with very good wind climate, offers a great opportunity for effective exploitation of wind energy. The price of wind energy in Finland is 30 p/kWh (about 0,05 ECU) and it is estimated that with bigger power plan units it could be 20 p/kWh. Different ways to support wind energy production was presented with examples from Germany, Denmark and Sweden. (orig.) (8 refs.)

The effects of wind power on marine life - A Synthesis

Energy Technology Data Exchange (ETDEWEB)

Bergstroem, Lena; Kautsky, Lena; Malm, Torleif; Ohlsson, Hans; Wahlberg, Magnus; Rosenberg, Rutger; Aastrand Capetillo, Nastassja

2012-10-15

As in many other countries, an expansion of wind power is expected in Sweden during the coming decades. The expansion is driven by rising prices on electricity and the need for an increased production of renewable energy. Since wind conditions at sea are good and relatively constant, several offshore wind farms are planned in Swedish waters. Offshore wind power with a total effect of about 2500 MW has been granted permission and an additional 5500 MW are being planned for. Examples of granted projects are Storgrundet with an effect of 265 MW, Stora Middelgrund with an effect of 860 MW and Kaarehamn with an effect of 48 MW. The largest offshore wind farm in Sweden today is Lillgrund in Oeresund, with its 48 turbines with an installed effect of 110 MW. Prior to this expected expansion, it is important to investigate the environmental impact of offshore wind power, and how possible negative effects can be minimized. This synopsis about the impact of wind power on the marine life in Swedish waters is based on more than 600 studies, most of which are scientific articles, but also reports by companies and authorities.

2015 Wind Technologies Market Report

Energy Technology Data Exchange (ETDEWEB)

Wiser, Ryan [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Bolinger, Mark [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Barbose, Galen [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Darghouth, Naim [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Hoen, Ben [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Mills, Andrew [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Rand, Joe [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Millstein, Dev [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Porter, Kevin [Exeter Associates, Columbia, MD (United States); Widiss, Rebecca [Exeter Associates, Columbia, MD (United States); Oteri, Frank [National Renewable Energy Lab. (NREL), Golden, CO (United States); Tegen, Suzanne [National Renewable Energy Lab. (NREL), Golden, CO (United States); Tian, Tian [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2016-08-01

This annual report--now in its tenth year--provides a detailed overview of developments and trends in the U.S. wind power market, with a particular focus on 2015. The report begins with an overview of key installation trends and then covers an array of industry and technology trends. The report also discusses project performance, wind turbine prices, project costs, operations and maintenance expenses, and prices paid for wind power in the United States. The report examines policy and market factors impacting the domestic wind power market and provides a preview of possible near-term market developments, expenses, and prices paid for wind power in the United States. The report examines policy and market factors impacting the domestic wind power market and provides a preview of possible near-term market developments.

3000 MW wind scenari in France in 2010: first evaluation of prices and extra costs

International Nuclear Information System (INIS)

Chabot, B.

2000-01-01

The objective '3000 MW of wind power in 2010' quoted in the national plan to counter the greenhouse effect and taken up by the French ADEME, requires, if it is to be achieved, a change from the present system of tenders and offers to a system of programmed annual phases. This present system sets prices for each project chosen after a competition and han demonstrated its limitations. These phases could concern different classes of project (greater or less than 12 MW, agricultural wind power, specific regional phases, offshore wind power, etc). It would be set annually in MW, to be achieved within the three following years, by prices guaranteed for a given period and by the rhythm of annual reduction in these prices for new projects. This system would thus move closer to that in countries (Germany, Denmark, Spain) that have a domestic development of wind energy conforming with the objectives in the EU White Paper on renewable energy (40 GW operational in 2010). This First overall evaluation (not yet divided into project class) gives ranges of guaranteed prices, installations and annual and cumulative production, discounted annual and until extra costs, in line with the assumptions of the value factor and in line with external differential in favour of wind energy. This external differential enters in the accounts from 2006 (0, 5, 10 and 15 cF/kWh). This extra cost could be taken care of through the compensatory refunding of public service charges provided for in the law concerning modernization and liberalization in the electricity sector. This scenario aims at 3 GW operational by 2010, producing 8 F/subscriber). Discounted at 8%, this extra colt is 7 GF. This overall extra cost (discounted or not) is cancelled our with an external differential 17 cF/kWh. Brought back to the kWh produced, the overall discounted unit cost varies linearly, whatever the discount rate chosen, by around 17 cF/kWh with no external differential, to 0 cF/kWh for an external differential of

Understanding wind turbine price trends in the U.S. over the past decade

International Nuclear Information System (INIS)

Bolinger, Mark; Wiser, Ryan

2012-01-01

On a $/kW basis, wind turbine prices in the U.S. have declined by nearly one-third on average since 2008, after having previously doubled over the period from 2002 through 2008. These two substantial and opposing trends over the past decade – and particularly the earlier price doubling – run counter to the smooth, gradually declining cost trajectories predicted by standard learning curve theory. Taking a bottom-up approach, we examine seven possible drivers of wind turbine prices in the U.S., with the goal of estimating the degree to which each contributed to the doubling in turbine prices from 2002 through 2008, as well as the subsequent decline in prices through 2010. In aggregate, these seven drivers – which include changes in labor costs, warranty provisions, manufacturer profitability, turbine scaling, raw materials prices, energy prices, and foreign exchange rates – explain from 70% to 90% (depending on the year) of empirically observed wind turbine price movements in the U.S. through 2010. Turbine scaling is found to have been the largest single contributor to the price doubling through 2008, although the incremental cost of scaling has been justified by greater energy capture, resulting in a lower cost of wind generation. - Highlights: ► Having doubled from 2002 to 2008, wind turbine prices have since fallen by one-third. ► We analyze seven potential drivers of wind turbine prices over the past decade. ► Turbine scaling has had the largest influence, followed by weakness in the dollar. ► Changes in the price of energy inputs had the smallest impact.

Effect of Ramping Requirement and Price Cap on Energy Price in a System with High Wind Penetration

OpenAIRE

Martin, Sebastián; Smeers, Yves; Aguado-Sanchez, Jose Antonio

2015-01-01

The European power market is currently retiring or mothballing large capacities of conventional plants, and at the same time incorporating a significant amount of non-dispatchable renewable generation, in particular wind. We analyse the mothballing process (and the resulting system) and study how they are affected by a price cap implemented in the energy only market, and by a possible implementation of ramping products in the system. Sebastian Martin, Yves Smeers, and Jose Aguado. Effect o...

Wind power investment within a market environment

International Nuclear Information System (INIS)

Baringo, L.; Conejo, A.J.

2011-01-01

Highlights: → The interaction of a wind power investor and the pool is represented via an MPEC. → The considered electricity pool is cleared through a network constrained auction. → Uncertainty of load and wind production is characterized by a moderate number of scenarios. → The investment model can be recast as a mixed integer linear programming problem. → Large instances of the considered model are computationally tractable. - Abstract: Within an existing transmission network, this paper considers the problem of identifying the wind power plants to be built by a wind power investor to maximize its profit. For this analysis a future target year is considered and the loads at different buses are represented by stepwise load-duration curves. The stochastic nature of both load and wind is represented via scenarios. The considered electric energy system operates under a pool-market arrangement and each producer/consumer is paid/pays the Local Marginal Price (LMP) of the bus at which it is located. The higher the wind penetration is, the lower the resulting LMPs. To tackle this problem a stochastic bilevel model is proposed, whose upper-level represents the wind investment and operation decisions with the target of maximizing profits; and its lower-level represents the market clearing under differing load and wind conditions and provides LMPs. This model can be recast as a mixed-integer linear programming problem solvable using commercially available branch-and-cut solvers. The proposed model is illustrated using an example and two case studies.

Understanding Trends in Wind Turbine Prices Over the Past Decade

Energy Technology Data Exchange (ETDEWEB)

Bolinger, Mark; Wiser, Ryan

2011-10-26

Taking a bottom-up approach, this report examines seven primary drivers of wind turbine prices in the United States, with the goal of estimating the degree to which each contributed to the doubling in turbine prices from 2002 through 2008, as well as the subsequent decline in prices through 2010 (our analysis does not extend into 2011 because several of these drivers are best gauged on a full-year basis due to seasonality issues). The first four of these drivers can be considered, at least to some degree, endogenous influences – i.e., those that are largely within the control of the wind industry – and include changes in: 1) Labor costs, which have historically risen during times of tight turbine supply; 2) Warranty provisions, which reflect technology performance and reliability, and are most often capitalized in turbine prices; 3) Turbine manufacturer profitability, which can impact turbine prices independently of costs; and 4) Turbine design, which for the purpose of this analysis is principally manifested through increased turbine size. The other three drivers analyzed in this study can be considered exogenous influences, in that they can impact wind turbine costs but fall mostly outside of the direct control of the wind industry. These exogenous drivers include changes in: 5) Raw materials prices, which affect the cost of inputs to the manufacturing process; 6) Energy prices, which impact the cost of manufacturing and transporting turbines; and 7) Foreign exchange rates, which can impact the dollar amount paid for turbines and components imported into the United States.

Onshore wind power development in China: Challenges behind a successful story

International Nuclear Information System (INIS)

Han Jingyi; Mol, Arthur P.J.; Lu Yonglong; Zhang Lei

2009-01-01

Wind energy utilization, especially onshore grid-connected wind power generation, has a history of 30 years in China. With the increasing attention to renewable energy development in recent years, wind energy has become the focus of academic research and policy-making. While the potential and advantages of wind energy are widely recognized, many questions regarding the effectiveness of policies and performances of current practices remain unanswered. This paper takes Inner Mongolia, the province that has the most abundant wind energy resources in China, as a case to assess the performance of Chinese onshore wind power projects, focusing on the institutional setting, economic and technological performance, as well as environmental and social impacts. Results show that China is experiencing a rapid growth in wind power generation, which brings China great environmental, energy security and social benefits. However, for a full development of wind energy in China a number of barriers need to be removed: high generation cost, low on-grid price, and stagnating development of domestic manufacture. These findings lead to three policy recommendations.

Medium-term energy hub management subject to electricity price and wind uncertainty

International Nuclear Information System (INIS)

Najafi, Arsalan; Falaghi, Hamid; Contreras, Javier; Ramezani, Maryam

2016-01-01

Highlights: • A new model for medium-term energy hub management is proposed. • Risk aversion is considered in medium-term energy hub management. • Stochastic programing is used to solve the medium-term energy hub management problem. • Electricity price and wind uncertainty are considered. - Abstract: Energy hubs play an important role in implementing multi-carrier energy systems. More studies are required in both their modeling and operating aspects. In this regard, this paper attempts to develop medium-term management of an energy hub in restructured power systems. A model is presented to manage an energy hub which has electrical energy and natural gas as inputs and electrical and heat energy as outputs. Electricity is procured in various ways, either purchasing it from a pool-based market and bilateral contracts, or producing it from a Combined Heat and Power (CHP) unit, a diesel generator unit and Wind Turbine Generators (WTGs). Pool prices and wind turbine production are subject to uncertainty, which makes energy management a complex puzzle. Heat demand is also procured by a furnace and a CHP unit. Energy hub managers should make decisions whether to purchase electricity from the electricity market and gas from the gas network or to produce electricity using a set of generators to meet the electrical and heat demands in the presence of uncertainties. The energy management objective is to minimize the total cost subject to several technical constraints using stochastic programming. Conditional Value at Risk (CVaR), a well-known risk measure, is used to reduce the unfavorable risk of costs. In doing so, the proposed model is illustrated using a sample test case with actual prices, load and wind speed data. The results show that the minimum cost is obtained by the best decisions involving the electricity market and purchasing natural gas for gas facilities. Considering risk also increases the total expected cost and decreases the CVaR.

China's wind power industry: Policy support, technological achievements, and emerging challenges

International Nuclear Information System (INIS)

Wang, Zhongying; Qin, Haiyan; Lewis, Joanna I.

2012-01-01

Since 2005 the Chinese wind power technology industry has developed rapidly, with China becoming the largest installer of wind power capacity in the world in 2010. This paper reviews the policy system implemented in China to support the wind power industry, centered on China's 2005 Renewable Energy Law. It examines the industry's achievements over the past two decades, including the development of wind power technology and equipment, the utilization of China's wind power resources, and the cost reductions achieved. It then explores the obstacles affecting the ongoing sustainability of the Chinese wind industry, including regulatory barriers, grid integration challenges, and challenges to continued technological innovation. It recommends that integration challenges be addressed through policy reforms, establishing interconnection standards, and creating predictability with forecasting and storage; that market signals be established with long-term development goals and pricing reforms; and that industry limitations be addressed with targeted R and D, improved wind resource assessment and transparency, domestic and international collaborations, and the cultivation of a skilled workforce. - Highlights: ► Review the policy system and the achievements of Chinese wind industry. ► Analyze the obstacles affecting the sustainability of the industry. ► Provide recommendations for how China can address these obstacles.

Price volatility in wind dominant electricity markets

DEFF Research Database (Denmark)

Farashbashi-Astaneh, Seyed-Mostafa; Chen, Zhe

2013-01-01

High penetration of intermittent renewable energy sources causes price volatility in future electricity markets. This is specially the case in European countries that plan high penetration levels. This highlights the necessity for revising market regulations and mechanisms in accordance...... to generation combination portfolio. Proposed solutions should be able to tackle with emerging challenges which are mainly due to high variability and unpredictability of intermittent renewable resources. In this paper high price volatility will be introduced as an emerging challenge in wind dominant...... electricity markets. High price volatility is unappreciated because it imposes high financial risk levels to both electricity consumers and producers. Additionally high price variations impede tracking price signals by consumers in future smart grid and jeopardize implementation of demand response concepts...

Wind power barometer

International Nuclear Information System (INIS)

2014-01-01

The worldwide wind power increased by 12.4% in 2013 to reach 318.6 GW but the world market globally decreased by losing 10 GW: only 35.6 GW have been installed in 2013 which is even less than was installed in 2009. This activity contraction is mainly due to the collapse of the American market, American authorities having been late to decide to maintain federal incentives. The European wind power market also contracted in 2013 because of the lack of trust of the investors in the new energy policies of the European governments. In the rest of the world wind energy has kept on growing particularly in China and Canada. At the end of 2013 the cumulated wind power reached 117,73 GW in Europe. About 1.5 MW out of 10 MW of wind power installed in Europe in 2013 come from off-shore wind farms, United-Kingdom and Denmark being the most important players by totalling more than 70% of the off-shore wind power installed at the end of 2013. Various charts and tables give the figures of the wind power cumulated and installed in 2013 in different parts of the world: Europe, North America and Asia, the time evolution of the worldwide wind power since 1995, the wind power cumulated and installed in 2013 for the different countries of Europe and the ratio between the cumulated wind power and the country population. A table lists the main manufacturers of wind turbines and gives their turnover and number of employees at the end of 2013

Evaluation of the Impact of Wind Generation on the Electricity Market Prices and on the Profitability of New Wind Investments

Science.gov (United States)

Pereira, A. J.; Saraiva, J. T.

2012-10-01

This paper describes a Dynamic Model of the electricity sector that can be used to simulate the evolution of some key variables on the long term, namely the evolution of the electricity price, of the demand and of the capacity factors of the technologies in the generation mix. This model can be used in different ways and by several agents, for instance to estimate the impact on the electricity price of the increasing presence of renewable power stations, namely using wind power and PV systems. In several countries these stations are paid feed-in tariffs with a fixed price but in some cases this scheme is under discussion and there are opinions that payments determined by the market price are more adequate and would bring fewer costs to final consumers. Such a change has to be carefully evaluated given that the presence of renewable stations bidding at an infra marginal price will affect the price itself. The model described in this paper can be used in a profitable way both by governmental agencies when preparing or studying alternative remuneration schemes to renewable stations or by promoters themselves to get more insight to the profitability of their investments, namely if the fixed feed-in tariffs in force in several countries are changed.

Evaluation of the Impact of Wind Generation on the Electricity Market Prices and on the Profitability of New Wind Investments

Directory of Open Access Journals (Sweden)

Saraiva J. T.

2012-10-01

Full Text Available This paper describes a Dynamic Model of the electricity sector that can be used to simulate the evolution of some key variables on the long term, namely the evolution of the electricity price, of the demand and of the capacity factors of the technologies in the generation mix. This model can be used in different ways and by several agents, for instance to estimate the impact on the electricity price of the increasing presence of renewable power stations, namely using wind power and PV systems. In several countries these stations are paid feed-in tariffs with a fixed price but in some cases this scheme is under discussion and there are opinions that payments determined by the market price are more adequate and would bring fewer costs to final consumers. Such a change has to be carefully evaluated given that the presence of renewable stations bidding at an infra marginal price will affect the price itself. The model described in this paper can be used in a profitable way both by governmental agencies when preparing or studying alternative remuneration schemes to renewable stations or by promoters themselves to get more insight to the profitability of their investments, namely if the fixed feed-in tariffs in force in several countries are changed.

Stochastic Modeling of Wind Derivatives in Energy Markets

Directory of Open Access Journals (Sweden)

Fred Espen Benth

2018-05-01

Full Text Available We model the logarithm of the spot price of electricity with a normal inverse Gaussian (NIG process and the wind speed and wind power production with two Ornstein–Uhlenbeck processes. In order to reproduce the correlation between the spot price and the wind power production, namely between a pure jump process and a continuous path process, respectively, we replace the small jumps of the NIG process by a Brownian term. We then apply our models to two different problems: first, to study from the stochastic point of view the income from a wind power plant, as the expected value of the product between the electricity spot price and the amount of energy produced; then, to construct and price a European put-type quanto option in the wind energy markets that allows the buyer to hedge against low prices and low wind power production in the plant. Calibration of the proposed models and related price formulas is also provided, according to specific datasets.

Optimal Bidding Strategies for Wind Power Producers in the Day-ahead Electricity Market

Directory of Open Access Journals (Sweden)

Xiaolin Liu

2012-11-01

Full Text Available Wind Power Producers (WPPs seek to maximize profit and minimize the imbalance costs when bidding into the day-ahead market, but uncertainties in the hourly available wind and forecasting errors make the bidding risky. This paper assumes that hourly wind power output given by the forecast follows a normal distribution, and proposes three different bidding strategies, i.e., the expected profit-maximization strategy (EPS, the chance-constrained programming-based strategy (CPS and the multi-objective bidding strategy (ECPS. Analytical solutions under the three strategies are obtained. Comparisons among the three strategies are conducted on a hypothetical wind farm which follows the Spanish market rules. Results show that bid under the EPS is highly dependent on market clearing price, imbalance prices, and also the mean value and standard deviation of wind forecast, and that bid under the CPS is largely driven by risk parameters and the mean value and standard deviation of the wind forecast. The ECPS combining both EPS and CPS tends to choose a compromise bid. Furthermore, the ECPS can effectively control the tradeoff between expected profit and target profit for WPPs operating in volatile electricity markets.

Wind farm project economics : value of wind

Energy Technology Data Exchange (ETDEWEB)

Bills-Everett, T. [Mainstream Renewable Power, Toronto, ON (Canada)

2010-07-01

This PowerPoint presentation discussed methods of increasing the value of wind power projects. Appropriate turbine selection and layout is needed to ensure that wind resources are fully developed. Construction costs have a significant impact on project costs. The world turbine price index has not significantly fluctuated since 2006. Operating costs, and the value of wind power projects, are linked with OPEX fluctuations. Wind power projects can significantly reduce greenhouse gas (GHG) emissions. An increase in wind power capacity will reduce the overall cost of energy produced from wind power. Countries can use wind power as part of a renewable energy portfolio designed to reduce risks related to diminishing petroleum supplies. Wind power will help to ensure a global transition to renewable energy use. tabs., figs.

Tariffs on power supply and prices of electricity per 1st January 1994

International Nuclear Information System (INIS)

1994-04-01

The document gives a survey of the most usual types of tariffs connected with the Danish electric-power distribution companies and the prices, valid per January 1st, 1994, set by individual companies and also the cost to consumers of connection to the supply network. A survey of prices set by power plant administrators with regard to the distribution companies is also included in addition to a summary of the modes of calculation in connection with wind turbines not owned by the electricity companies and descriptions of models for calculations related to decentral and industrial plants. Local conditions such as structure, economy etc. must be taken into consideration when comparing prices set by companies in several different areas. (AB)

Limiting conditions for nuclear power plant competitiveness vs. fossil and wind plants

International Nuclear Information System (INIS)

Feretic, Danilo; Cavlina, Nikola

2010-01-01

The aim of this paper is to compare potential energy options for future electricity generation. The paper considers comparison of discounted total cost of electricity generated by nuclear power plant and by combined natural gas and wind plants, having in total equal electricity generation. Large uncertainty in the future fuel costs makes planning of optimal power generating mix very difficult to justify. Probabilistic method is used in the analysis which allows inclusion of uncertainties in future electricity generating cost prediction. Additionally, an informative functional relation between nuclear plant investment cost, natural gas price and wind plant efficiency, that determines competitive power generation between considered options, is also shown. Limiting conditions for nuclear power plant competitiveness vs. fossil and wind plants are presented. (authors)

Wind power development in Spain, the model of Navarra

Energy Technology Data Exchange (ETDEWEB)

Miguel Ichaso, A. de [Energia Hidroelectrica de Navarra S.A. (EHN), Pamplona (Spain)

2000-08-01

Wind power implementation in Spain has undergone spectacular growth in recent years. From 834 Megawatts installed at the end of 1998, the figure of 1,500 MW was reached at the end of 1999 and forecasts expect well over 2,500 MW by the end of the year 2000. A favourable legislative framework and tariff structure have brought about this rate of development, which is mainly based on the implementation of large wind farms on high altitude sites in Spain. The region of Navarra (northern Spain) has played a special role in this development, and EHN, a company born in this region, has carried out major projects that have given it 30% of the Spanish wind power sector. The challenges for the sector in Spain over the next few years are: (1) Make its development compatible with the supply guarantees required by the national electricity supply operator, (2) ensure that the implementation of wind farms is done with respect for the environment, (3) harmonise the wind power development of the different Autonomous Communities of Spain, and (4) reduce the investment costs in order to obtain enough profitability with falling energy prices in the coming years. (orig.)

Wind Power Meteorology

DEFF Research Database (Denmark)

Lundtang Petersen, Erik; Mortensen, Niels Gylling; Landberg, Lars

Wind power meteorology has evolved as an applied science, firmly founded on boundary-layer meteorology, but with strong links to climatology and geography. It concerns itself with three main areas: siting of wind turbines, regional wind resource assessment, and short-term prediction of the wind...... resource. The history, status and perspectives of wind power meteorology are presented, with emphasis on physical considerations and on its practical application. Following a global view of the wind resource, the elements of boundary layer meteorology which are most important for wind energy are reviewed......: wind profiles and shear, turbulence and gust, and extreme winds. The data used in wind power meteorology stem mainly from three sources: onsite wind measurements, the synoptic networks, and the re-analysis projects. Wind climate analysis, wind resource estimation and siting further require a detailed...

Breezing ahead: the Spanish wind energy market

International Nuclear Information System (INIS)

Avia Aranda, Felix; Cruz, I.C.

2000-01-01

This article traces the rapid increase in Spain's wind generating capacity, and examines Spain's wind strategy, the assessment of wind power potential at regional level, and the guaranteeing of the market price for power generators using wind energy with yearly reviews of the price of electricity from wind power. Prices payable for electricity generated from renewable sources are listed, and the regional distribution of wind energy production is illustrated. Recent wind power installations in Spain, target levels for wind energy installations, wind farms larger than 1MW installed in 1999, and the impact of the growth of the wind energy market on the manufacturing industry and the manufacturers are discussed. Details of the wind energy capacity in the provinces of Navarra and Galicia are given, and plans for wind energy projects in the New National Plan for Scientific research, Development and Technological innovation (2000-2003) are considered

Wind Farm-LA Coordinated Operation Mode and Dispatch Model in Wind Power Accommodation Promotion

Directory of Open Access Journals (Sweden)

Li Lin

2018-05-01

Full Text Available With the support of a smart grid, a load aggregator (LA that aggregates the demand response resources of small- and medium-sized customers to participate in the electricity market would be a novel way to promote wind power accommodation. This paper proposes a wind farm–LA coordinated operation mode (WLCOM, which enables LAs to deal with wind farms directly at an agreement price. Afterwards, according to the accommodation demand of the wind farm, a coordinated dispatch model taking advantage of the various response capabilities of different flexible loads is set up to maximize the revenue of the LA. A case study was conducted to demonstrate the effectiveness of the proposed WLCOM and the coordinated dispatch model. The demonstration indicates that: (a load fluctuations and wind curtailment were obviously reduced; and (b both the LA and the wind farm participating in coordinated operation obtained higher revenues. Factors that influence the accommodation level, as well as revenues of wind farms and LA, are also investigated.

Wind power in modern power systems

DEFF Research Database (Denmark)

Chen, Zhe

2013-01-01

In recent years, wind power is experiencing a rapid growth, and large-scale wind turbines/wind farms have been developed and connected to power systems. However, the traditional power system generation units are centralized located synchronous generators with different characteristics compared...... with wind turbines. This paper presents an overview of the issues about integrating large-scale wind power plants into modern power systems. Firstly, grid codes are introduced. Then, the main technical problems and challenges are presented. Finally, some possible technical solutions are discussed....

Wind Energy Facilities and Residential Properties: The Effect of Proximity and View on Sales Prices

Energy Technology Data Exchange (ETDEWEB)

San Diego State University; Bard Center for Environmental Policy at Bard College; Hoen, Ben; Wiser, Ryan; Cappers, Peter; Thayer, Mark; Sethi, Gautam

2011-06-23

With increasing numbers of communities considering wind power developments, empirical investigations regarding related community concerns are needed. One such concern is that proximate property values may be adversely affected, yet relatively little research exists on the subject. The present research investigates roughly 7,500 sales of single-family homes surrounding 24 existing U.S. wind facilities. Across four different hedonic models, and a variety of robustness tests, the results are consistent: neither the view of the wind facilities nor the distance of the home to those facilities is found to have a statistically significant effect on sales prices, yet further research is warranted.

Wind power development in the United States: Effects of policies and electricity transmission congestion

Science.gov (United States)

Hitaj, Claudia

In this dissertation, I analyze the drivers of wind power development in the United States as well as the relationship between renewable power plant location and transmission congestion and emissions levels. I first examine the role of government renewable energy incentives and access to the electricity grid on investment in wind power plants across counties from 1998-2007. The results indicate that the federal production tax credit, state-level sales tax credit and production incentives play an important role in promoting wind power. In addition, higher wind power penetration levels can be achieved by bringing more parts of the electricity transmission grid under independent system operator regulation. I conclude that state and federal government policies play a significant role in wind power development both by providing financial support and by improving physical and procedural access to the electricity grid. Second, I examine the effect of renewable power plant location on electricity transmission congestion levels and system-wide emissions levels in a theoretical model and a simulation study. A new renewable plant takes the effect of congestion on its own output into account, but ignores the effect of its marginal contribution to congestion on output from existing plants, which results in curtailment of renewable power. Though pricing congestion removes the externality and reduces curtailment, I find that in the absence of a price on emissions, pricing congestion may in some cases actually increase system-wide emissions. The final part of my dissertation deals with an econometric issue that emerged from the empirical analysis of the drivers of wind power. I study the effect of the degree of censoring on random-effects Tobit estimates in finite sample with a particular focus on severe censoring, when the percentage of uncensored observations reaches 1 to 5 percent. The results show that the Tobit model performs well even at 5 percent uncensored observations

Assembling markets for wind power. An inquiry into the making of market devices

Energy Technology Data Exchange (ETDEWEB)

Pallesen, T.

2013-04-15

This project studies the making of a market for wind power in France. Markets for wind power, as well as markets for other renewable energies, are often referred to as 'political markets: On the one hand, wind power has the potential to reduce CO{sub 2}-emissions and thus stall the effects of electricity generation on climate change; and on the other hand, as an economic good, wind power is said to suffer from 'disabilities', such as high costs, fluctuating and unpredictable generation, etc. Therefore, because of its performance as a good, it is argued that the survival of wind power in the market is premised on different instruments, some of which I will refer to as 'prosthetic devices'. This thesis inquires into two such prosthetic devices: The feed-in tariff and the wind power development zones (ZDE) as they are negotiated and practiced in France, and the ways in which they affect the making of markets for wind power. In this thesis, it is argued that while the two devices frame the price of wind power and the location of turbines, they also affect and address questions of costs, profitability, and efficiency; and as such, they may be investigated as market devices. (Author)

Is College Pricing Power Pro-Cyclical?

Science.gov (United States)

Altringer, Levi; Summers, Jeffrey

2015-01-01

We define pricing power as a college's ability to increase its net tuition revenue by raising its sticker-price for tuition. The greater is the positive effect of sticker-price increases on net tuition revenue, the greater is the pricing power. We gauge variation in the pricing power of private, non-profit baccalaureate colleges by estimating this…

Wind Power Now!

Science.gov (United States)

Inglis, David Rittenhouse

1975-01-01

The government promotes and heavily subsidizes research in nuclear power plants. Federal development of wind power is slow in comparison even though much research with large wind-electric machines has already been conducted. Unless wind power programs are accelerated it will not become a major energy alternative to nuclear power. (MR)

Simulating European wind power generation applying statistical downscaling to reanalysis data

DEFF Research Database (Denmark)

Gonzalez-Aparicio, I.; Monforti, F.; Volker, Patrick

2017-01-01

generation time series dataset for the EU-28 and neighbouring countries at hourly intervals and at different geographical aggregation levels (country, bidding zone and administrative territorial unit), for a 30 year period taking into account the wind generating fleet at the end of 2015. (C) 2017 The Authors...... and characteristics of the wind resource which is related to the accuracy of the approach in converting wind speed data into power values. One of the main factors contributing to the uncertainty in these conversion methods is the selection of the spatial resolution. Although numerical weather prediction models can...... could not be captured by the use of a reanalysis technique and could be translated into misinterpretations of the wind power peaks, ramping capacities, the behaviour of power prices, as well as bidding strategies for the electricity market. This study contributes to the understanding what is captured...

Wind turbines in your environment? Wind turbines and economic aspects

International Nuclear Information System (INIS)

2002-02-01

The wind energy industry has demonstrated its maturity and technical reliability. Because it will play an increasing role on the power generation market, the question of the cost and profitability of the wind energy has become of prime importance. Two main traps must be avoided: the first should be to deny the present and future economical interest of wind energy because of its supplementary cost with respect to conventional power generation techniques. The second trap should be to underestimate the economical progresses that wind energy must carry on to ensure its large scale development. Therefore, some advantageous pricing and regulatory conditions are necessary to allow the development of this emerging energy source. This document presents: the cost of a wind power project (initial investment, financial incentives); the profitability of a project (cost of a kWh of wind power origin, retail price, warranty of power supply capacity, indirect environmental costs, value of decentralized production); economical interest of wind power (energy efficiency, employment, financial advantages for the local economy); and who are the investors. (J.S.)

How to deal with negative power price spikes?-Flexible voluntary curtailment agreements for large-scale integration of wind

International Nuclear Information System (INIS)

Brandstaett, Christine; Brunekreeft, Gert; Jahnke, Katy

2011-01-01

For the large-scale integration of electricity from renewable energy sources (RES-E), the German system seems to reach its limits. In 2009, the electricity wholesale market experienced serious negative prices at times of high wind and low demand. The feed-in system in Germany consists of a fixed feed-in price, a take-off obligation and a RES priority rule, and in practice only very restrictive use of RES-E curtailment. Exactly the latter is the problem. We argue that the overall performance of the system would improve seriously by lifting the restrictions on the use of voluntary curtailment agreements, while retaining the priority rule as such. Since generators of RES-E can only improve under this system reform, investment conditions improve, leading to higher installed RES-E capacity. This in turn implies that reduced wind output due to curtailment can actually be offset by higher wind output in all periods in which there is no problem. - Highlights: → We examine the large-scale integration of electricity from renewable sources (RES-E) into the German energy market. → Seriously negative prices at the wholesale market suggest that market design could be improved. → We argue that allowing flexible use of voluntary curtailment agreements (VCA), while keeping the priority feed-in rule, would increase the total system's efficiency. → Improved investment conditions due to flexible use of VCAs leading to higher installed RES-E capacity could offset the reduced wind output and would not impede climate policy goals.

Opportunity study and a business plan for a wind power plant

International Nuclear Information System (INIS)

Nikolov, Marjan; Naumov, Risto

2006-01-01

This paper provides illustration of opportunity study and a business plan for utilizing the wind renewable resource for electricity production in Macedonia. The study is prepared under UNIDO recommendations for feasibility studies (see [1]) and following the IAS, by Marjan Nikolov and Risto Naumov. This is a project simulation for a small wind farm comprising 3 power plant units. We use price list from 'Proven Engineering Products Ltd' UK.

Analysis and Countermeasures of Wind Power Accommodation by Aluminum Electrolysis Pot-Lines in China

Science.gov (United States)

Zhang, Hongliang; Ran, Ling; He, Guixiong; Wang, Zhenyu; Li, Jie

2017-10-01

The unit energy consumption and its price have become the main obstacles for the future development of the aluminum electrolysis industry in China. Meanwhile, wind power is widely being abandoned because of its instability. In this study, a novel idea for wind power accommodation is proposed to achieve a win-win situation: the idea is for nearby aluminum electrolysis plants to absorb the wind power. The features of the wind power distribution and aluminum electrolysis industry are first summarized, and the concept of wind power accommodation by the aluminum industry is introduced. Then, based on the characteristics of aluminum reduction cells, the key problems, including the bus-bar status, thermal balance, and magnetohydrodynamics instabilities, are analyzed. In addition, a whole accommodation implementation plan for wind power by aluminum reduction is introduced to explain the theoretical value of accommodation, evaluation of the reduction cells, and the industrial experiment scheme. A numerical simulation of a typical scenario proves that there is large accommodation potential for the aluminum reduction cells. Aluminum electrolysis can accommodate wind power and remain stable under the proper technique and accommodation scheme, which will provide promising benefits for the aluminum plant and the wind energy plant.

Wind power soars

Energy Technology Data Exchange (ETDEWEB)

Flavin, C. [Worldwatch Inst., Washington, DC (United States)

1996-12-31

Opinions on the world market for wind power are presented in this paper. Some data for global wind power generating capacity are provided. European and other markets are discussed individually. Estimated potential for wind power is given for a number of countries. 3 figs.

Simulating European wind power generation applying statistical downscaling to reanalysis data

International Nuclear Information System (INIS)

González-Aparicio, I.; Monforti, F.; Volker, P.; Zucker, A.; Careri, F.; Huld, T.; Badger, J.

2017-01-01

Highlights: •Wind speed spatial resolution highly influences calculated wind power peaks and ramps. •Reduction of wind power generation uncertainties using statistical downscaling. •Publicly available dataset of wind power generation hourly time series at NUTS2. -- Abstract: The growing share of electricity production from solar and mainly wind resources constantly increases the stochastic nature of the power system. Modelling the high share of renewable energy sources – and in particular wind power – crucially depends on the adequate representation of the intermittency and characteristics of the wind resource which is related to the accuracy of the approach in converting wind speed data into power values. One of the main factors contributing to the uncertainty in these conversion methods is the selection of the spatial resolution. Although numerical weather prediction models can simulate wind speeds at higher spatial resolution (up to 1 × 1 km) than a reanalysis (generally, ranging from about 25 km to 70 km), they require high computational resources and massive storage systems: therefore, the most common alternative is to use the reanalysis data. However, local wind features could not be captured by the use of a reanalysis technique and could be translated into misinterpretations of the wind power peaks, ramping capacities, the behaviour of power prices, as well as bidding strategies for the electricity market. This study contributes to the understanding what is captured by different wind speeds spatial resolution datasets, the importance of using high resolution data for the conversion into power and the implications in power system analyses. It is proposed a methodology to increase the spatial resolution from a reanalysis. This study presents an open access renewable generation time series dataset for the EU-28 and neighbouring countries at hourly intervals and at different geographical aggregation levels (country, bidding zone and administrative

Wind prices are down - but are they too low?

International Nuclear Information System (INIS)

Milborrow, D.

1998-01-01

The highly competitive nature of the NFFO and SRO bidding processes may be putting undue pressure on manufacturers' profit margins, restricting funds for investment and RandD. Taking the wider view, RandD in the wind industry is very modest relative to its output. Nevertheless, the wind industry is delivering increasingly reliable and cost effective wind turbines. The needs for further RandD are critically examined and the paper includes assessments of future wind energy price trends. (Author)

Impact of wind power uncertainty forecasting on the market integration of wind energy in Spain

International Nuclear Information System (INIS)

González-Aparicio, I.; Zucker, A.

2015-01-01

Highlights: • Reduction wind power forecasting uncertainty for day ahead and intraday markets. • Statistical relationship between total load and wind power generation. • Accurately forecast expected revenues from wind producer’s perspective. - Abstract: The growing share of electricity production from variable renewable energy sources increases the stochastic nature of the power system. This has repercussions on the markets for electricity. Deviations from forecasted production schedules require balancing of a generator’s position within a day. Short term products that are traded on power and/or reserve markets have been developed for this purpose, providing opportunities to actors who can offer flexibility in the short term. The value of flexibility is typically modelled using stochastic scenario extensions of dispatch models which requires, as a first step, understanding the nature of forecast uncertainties. This study provides a new approach for determining the forecast errors of wind power generation in the time period between the closure of the day ahead and the opening of the first intraday session using Spain as an example. The methodology has been developed using time series analysis for the years 2010–2013 to find the explanatory variables of the wind error variability by applying clustering techniques to reduce the range of uncertainty, and regressive techniques to forecast the probability density functions of the intra-day price. This methodology has been tested considering different system actions showing its suitability for developing intra-day bidding strategies and also for the generation of electricity generated from Renewable Energy Sources scenarios. This methodology could help a wind power producer to optimally bid into the intraday market based on more accurate scenarios, increasing their revenues and the system value of wind.

Impact of Market Regulations on the Development of Wind Power - An International Comparison

International Nuclear Information System (INIS)

Ackermann, Thomas; Soeder, Lennart

2000-01-01

This paper presents and briefly evaluates the most important existing market regulations and market schemes regarding its influence on the development of wind power. The evaluation of the existing market regulations focuses on the incentives provided by the various instruments to reduce production costs. The instruments and schemes are: Feed-in Tariffs, Net Metering, Bidding Process, Fixed Quotas, Green Certificate Trading, Green Power Exchange, Green Pricing. In addition, the impact of market regulations for international electricity markets with a power exchange are investigated. The analysis showed that new wind power generation can faces significant market barriers. (author)

Modelling of hydro and wind power in the regulation market

International Nuclear Information System (INIS)

Kiviluoma, J.; Holttinen, H.; Meibom, P.

2006-01-01

The amount of required regulation capacity in the power system is affected by the wind power prediction errors. A model has been developed which can evaluate the monetary effects of prediction errors. The model can be used to evaluate (1) the regulation costs of wind power, (2) regulation market prices including effects related to the participation of power producers in the regulating power market, (3) value of accurate wind forecasts and (4) the effect of decreasing the length of the spot market clearance. This article discusses the problems related to developing a realistic model of the regulating power market including the interaction between the spot market and the regulating power market. There are several issues that make things complicated. (1) How to calculate the minimum amount of needed secondary (minute) reserves. Traditionally the Nordic TSOs have used an N-1 criteria in each country to determine the required amounts of positive secondary reserve, but as installed wind power capacity grows, it will become relevant to include the wind power prediction errors in the estimation of secondary reserves. (2) Consumption forecast errors and plant outages also contribute to activation of regulating power and should have stochastic input series besides wind power. (3) Risk premiums and transaction costs in the regulating power market are difficult to estimate as well as the effects of the possible use of market power. This is especially true in the Nordic system with the high share of hydro power, since the water value and hydrological limitations make things more complex than in a thermal system. (4) The available regulation capacity is not necessarily equal to the truly available capacity. All producers don't participate in the regulation market although in principle they could. (orig.)

Distributed energy systems with wind power and energy storage

Energy Technology Data Exchange (ETDEWEB)

Korpaas, Magnus

2004-07-01

wind power prediction tools makes it possible to take advantage of varying electricity prices as well as reduce imbalance costs. Simulation results show that the imbalance costs of wind power and the electricity price variations must be relatively high to justify the installation of a costly energy storage system. Energy storage is beneficial for wind power integration in power systems with high-cost regulating units, as well as in areas with weak grid connection. Hydrogen can become an economically viable energy carrier and storage medium for wind energy if hydrogen is introduced into the transportation sector. It is emphasized that seasonal wind speed variations lead to high storage costs if compressed hydrogen tanks are used for long-term storage. Simulation results indicate that reductions in hydrogen storage costs are more important than obtaining low-cost and high-efficient fuel cells and electrolyzers. Furthermore, it will be important to make use of the flexibility that the hydrogen alternative offers regarding sizing, operation and possibly the utilization of oxygen and heat as by-products. The main scientific contributions from this thesis are the development of - a simulation model for estimating the cost and energy efficiency of wind-hydrogen systems, - a probabilistic model for predicting the performance of a grid connected wind power plant with energy storage, - optimization models for increasing the value of wind power in electricity markets by the use of hydrogen storage and other energy storage solutions and the system knowledge about wind energy and energy storage that has been obtained by the use of these models (author) (ml)

Power reserve provision with wind farms. Grid integration of wind power

Energy Technology Data Exchange (ETDEWEB)

Gesino, Alejandro J.

2011-07-01

Wind power is, admittedly, different from other power technologies and integrating large amounts of it in the existing power systems is a challenge that requires innovative approaches to keep the sustainability of the power system operation. In the coming years its contribution to the system security will become mandatory as far as the trend goes towards more decentralized structures and an increase in complexity due to a higher number of market participants. This PhD addresses one of the fundamental ancillary services researching about a secure and flexible methodology for power reserve provision with wind farms. Based on the current needs and security standards of those highly developed European grid codes, a new model for power reserve provision with wind power is developed. This methodology, algorithms and variables are tested based on real scenarios from five German wind farm clusters. Finally, once the methodology for power reserve provision with wind power has been tested, real control capabilities from already installed wind farms in Germany and Portugal are analyzed. Their capabilities of following control commands as well as an error deviation analysis are also presented. (orig.)

Wind power and capacity of transmission in northern Norway; Vindkraft og overfoeringskapasitet i Nord Norge

Energy Technology Data Exchange (ETDEWEB)

NONE

2006-07-01

Northern Norway, and especially the county of Finnmark, has the largest potential for cheap wind power, but at the same time it has the largest transmission costs. Ambitious goals for renewable energy can be reached in a cheaper way if small-scale hydro electrical power plants are developed, wind power in southern Norway, and wind power in northern Norway within the capacity of the network (about 1.000 MW). Central challenges include creating a well-functioning distribution of new wind power within northern Norway's current network, and efficient bottle-neck handling. Price regions are important in order to take advantage of the flexibility in hydroelectric power and prevent excessive investments. Concession refusal may be necessary. Increased ambitions for wind power can later strengthen the northern Norway network and make it profitable. Ideally, the power developers will pay for this strengthening. Practical difficulties may still give priority to the traditional financing provided by Statnett.

Effects of interruptible load program on equilibrium outcomes of electricity markets with wind power

Energy Technology Data Exchange (ETDEWEB)

An, Xuena; Zhang, Shaohua; Li, Xue [Shanghai Univ. (China). Key Lab. of Power Station Automation Technology

2013-07-01

High wind power penetration presents a lot of challenges to the flexibility and reliability of power system operation. In this environment, various demand response (DR) programs have got much attention. As an effective measure of demand response programs, interruptible load (IL) programs have been widely used in electricity markets. This paper addresses the problem of impacts of the IL programs on the equilibrium outcomes of electricity wholesale markets with wind power. A Cournot equilibrium model of wholesale markets with wind power is presented, in which IL programs is included by a market demand model. The introduction of the IL programs leads to a non-smooth equilibrium problem. To solve this equilibrium problem, a novel solution method is proposed. Numerical examples show that IL programs can lower market price and its volatility significantly, facilitate the integration of wind power.

A Quantitative Analysis of the Impact of Wind Energy Penetration on Electricity Prices in Ireland

OpenAIRE

O'Flaherty, Micheál; Riordan, Niall; O'Neill, Noel; Ahern, Ciara

2014-01-01

The maturity of wind technology combined with availability of suitable sites means Ireland is on course to generate 40% of its electricity from the wind by 2020.This work sets out to quantify, to what degree, if any, increased wind penetration translates into reduced wholesale and retail prices for electricity. The consensus from the literature is that increasing wind penetration reduces wholesale electricity prices, but views vary as to what degree this translates into reduced retail prices ...

Optimal Placement of Energy Storage and Wind Power under Uncertainty

Directory of Open Access Journals (Sweden)

Pilar Meneses de Quevedo

2016-07-01

Full Text Available Due to the rapid growth in the amount of wind energy connected to distribution grids, they are exposed to higher network constraints, which poses additional challenges to system operation. Based on regulation, the system operator has the right to curtail wind energy in order to avoid any violation of system constraints. Energy storage systems (ESS are considered to be a viable solution to solve this problem. The aim of this paper is to provide the best locations of both ESS and wind power by optimizing distribution system costs taking into account network constraints and the uncertainty associated to the nature of wind, load and price. To do that, we use a mixed integer linear programming (MILP approach consisting of loss reduction, voltage improvement and minimization of generation costs. An alternative current (AC linear optimal power flow (OPF, which employs binary variables to define the location of the generation, is implemented. The proposed stochastic MILP approach has been applied to the IEEE 69-bus distribution network and the results show the performance of the model under different values of installed capacities of ESS and wind power.

2010 Wind Technologies Market Report

Energy Technology Data Exchange (ETDEWEB)

Ryan Wiser, Mark Bolinger

2011-06-01

This report provides a comprehensive overview of trends in the U.S. wind power market in 2010. The report analyzes trends in wind power capacity, industry, manufacturing, turbines, installed project costs, project performance, and wind power prices. It also describes trends among wind power developers, project owners, and power purchasers, and discusses financing issues.

Economic Impact Assessment of Wind Power Integration: A Quasi-Public Goods Property Perspective

Directory of Open Access Journals (Sweden)

Huiru Zhao

2015-08-01

Full Text Available The integration of wind power into power grid will bring some impacts on the multiple subjects of electric power system. Economic impacts of wind power integration on multiple subjects of China’s electric power system were quantitatively assessed from Quasi-public goods property perspective in this paper. Firstly, the Quasi-public goods property of transmission services provided by power grid corporations was elaborated. Secondly, the multiple subjects of China’s electric power system, which include electricity generation enterprises (EGEs, power grid corporations (PGCs, electricity consumers (ECs, and environment, were detailed analyzed. Thirdly, based on the OPF-based nodal price model and transmission service cost allocation model, the economic impact assessment model of wind power integration was built from Quasi-public goods property perspective. Then, the IEEE-24 bus system employed in this paper was introduced according to current status of China’s electric power system, and the modeling of wind turbine was also introduced. Finally, the simulation analysis was performed, and the economic impacts of wind power integration on EGEs, PGCs, ECs and Environment were calculated. The results indicate, from Quasi-public goods property perspective, the wind power integration will bring positive impacts on EGEs, PGCs and Environment, while negative impacts on ECs. The findings can provide references for power system managers, energy planners, and policy makers.

Investment risk analysis of China's wind power industry based on pre-assessment matrix

Institute of Scientific and Technical Information of China (English)

Yang Yong; Jiang Dongmei; Geng Jie; Fan Hua; Zhang Fashu

2009-01-01

Wind energy is a clean and sustainable energy, and wind power does not rely on fossil fuels.So there is no fuel price risk, and it, of course, does not include the environmental costs, such as carbon emissions.Because of these unique advantages, wind power has gradually become an important part of the strategy of sustainable development in China.Now with the growing voices on global greenhouse gas emission reduction, and as a clean and efficient energy,wind power has huge potential in combating climate change, energy security pressures and the needs for energy Wind power in China began to develop from the 1980s.In the first 20 years, the speed of development was slow;but since 2004, it has had an extremely rapid growth.This paper, in order to study the development mechanism of China's wind power industry, investigated and analyzed the status quo of wind power industry in China, and then found that(1)the development trend of wind power industry in China appears exponential growth:(2) China's installed capactiy of wind power is still smaller than that os some other countries;(3) new subsidy policies bring developing opportunities to wind power industry in China;(4) the sectors of wind power industry are in unbalanced growing;(5) the owners of proposed wind farms are too optimistic though the built wind farm had many problems.In addition, by using the methodology of Game Theory, this paper has also constructed the matrix of pre-assessing risks of China's wind power industry to further discuss the potential risk fuctors within China's wind power industry as risk factors of wind farm construction, risk factors of production of wind turbines, risk factors of parts and components manufacturing industry under risk indicators like R&D, patents, the domestic policy, the international policy, the quality of products and the market regulation, in order to provide a scientific assessment and self-assessment tool for investors or implementers and also to promote the further

Price formation and market power in the German wholesale electricity market in 2006

International Nuclear Information System (INIS)

Weigt, Hannes; Hirschhausen, Christian von

2008-01-01

From 2002 to 2006, German wholesale electricity prices more than doubled. The purpose of this paper is to estimate the price components in 2006 in order to identify the factors responsible for the increase. We develop a competitive benchmark model, taking into account power plant characteristics, fuel and CO 2 -allowance prices, wind generation, cross-border flows, unit commitment, and startup conditions, to estimate the difference between generation costs and observed market prices for every hour in 2006. We find that prices at the German wholesale market (European Energy Exchange - EEX) are above competitive levels for a large fraction of the observations. We verify the robustness of the results by carrying out sensitivity analyses. We also address the issue of revenue adequacy. (author)

Status of Wind Power Technologies

DEFF Research Database (Denmark)

Zhao, Haoran; Wu, Qiuwei

2018-01-01

With the development of wind turbine technology, wind power will become more controllable and grid‐friendly. It is desirable to make wind farms operate as conventional power plants. Wind turbine generators (WTGs) were mainly used in rural and remote areas for wind power generation. WTG‐based wind...... energy conversion systems (WECS) can be divided into the four main types (type 1‐4). Due to the inherent variability and uncertainty of the wind, the integration of wind power into the grid has brought challenges in several different areas, including power quality, system reliability, stability......, and planning. The impact of each is largely dependent on the level of wind power penetration in the grid. In many countries, relatively high levels of wind power penetration have been achieved. This chapter shows the estimated wind power penetration in leading wind markets....

Wind Power Development and Energy Storage under China’s Electricity Market Reform—A Case Study of Fujian Province

Directory of Open Access Journals (Sweden)

Dunguo Mou

2018-01-01

Full Text Available This paper, based on the Fujian provincial 500 kV grid and part of the 220 kV grid and the key power plants, including hydro, coal, nuclear, gas, wind and pumping and storage hydro powers (PSHP connected to the grid, constructs an independent electricity market model. Using data that are very close to reality about coal fired power production costs, along with data about power plants’ technical constraints, this paper studies the effect of wind power on Fujian’s provincial electricity market. Firstly, the paper analyzes the relationship between wind speed and wind power output and the effects of short-term power output fluctuation on frequency modulation and voltage regulation. Secondly, under supposition of the production costs following quadratic functions, the paper analyzes the effects of changes in wind power output on the electricity supply costs under optimal power flow. Thirdly, using the bidding model in the Australian Electricity Market Operator for reference and supposing that, in a competitive market, coal fired power plants can bid 6 price bands according to their capacity, the paper analyzes effects of wind power on electricity prices under optimal power flow, the stabilizing effects of PSHP and the minimum PSHP capacity needed to stabilize the electricity market. Finally, using a daily load curve, this paper simulates the electricity prices’ fluctuation under optimal power flow and PSHP’s stabilizing effect. The results show that, although PSHP has a large external social welfare effect, it can hardly make a profit. In the end, this paper puts forward some policy suggestions for Fujian province’s wind and nuclear power development, PSHP construction and electricity market development.

Electricity Prices, Large-Scale Renewable Integration, and Policy Implications

OpenAIRE

Kyritsis, Evangelos; Andersson, Jonas; Serletis, Apostolos

2016-01-01

This paper investigates the effects of intermittent solar and wind power generation on electricity price formation in Germany. We use daily data from 2010 to 2015, a period with profound modifications in the German electricity market, the most notable being the rapid integration of photovoltaic and wind power sources, as well as the phasing out of nuclear energy. In the context of a GARCH-in-Mean model, we show that both solar and wind power Granger cause electricity prices, that solar power ...

Challenges and opportunities for wind power for future energy supplies in Pakistan

International Nuclear Information System (INIS)

Farooq, M.; Javed, M.T.; Waheed, K.; Khan, N.A.

2009-01-01

Due to rapid modernization the energy resources are depleting rapidly throughout the world while the energy demand is rising steadily. The crude oil price has soared upto $140.0 per barrel that has triggered the use of renewable energy recourses. Pakistan particular is the most energy deficient country where a shortfall of as high as 4500 MW is recorded in the recent year. The Renewable Energy Technologies (RET's) are important and had gained the prime importance these days with specific focus on solar and wind power. This paper highlights the challenges and opportunities for wind power in Pakistan. The wind potential in different areas has been explored, including a vital area of about 9700 km/sup 2/ in Sindh. Wind power is a new energy resource in Pakistan's history, uptil now main resources are Fossil Fuel contributing 65%, hydel 33% and nuclear only 2% respectively. Wind is an environment friendly resource and its appreciable contribution will be achieved in future. Paper analyses the present energy scenario through wind power in Pakistan and leads to future progress in order to secure energy security in the country. (author)

Dynamic influences of wind power on the power system

Energy Technology Data Exchange (ETDEWEB)

Rosas, Pedro

2003-03-01

The thesis first presents the basics influences of wind power on the power system stability and quality by pointing out the main power quality issues of wind power in a small-scale case and following, the expected large-scale problems are introduced. Secondly, a dynamic wind turbine model that supports power quality assessment of wind turbines is presented. Thirdly, an aggregate wind farm model that support power quality and stability analysis from large wind farms is presented. The aggregate wind farm model includes the smoothing of the relative power fluctuation from a wind farm compared to a single wind turbine. Finally, applications of the aggregate wind farm model to the power systems are presented. The power quality and stability characteristics influenced by large-scale wind power are illustrated with three cases. In this thesis, special emphasis has been given to appropriate models to represent the wind acting on wind farms. The wind speed model to a single wind turbine includes turbulence and tower shadow effects from the wind and the rotational sampling turbulence due to the rotation of the blades. In a park scale, the wind speed model to the wind farm includes the spatial coherence between different wind turbines. Here the wind speed model is applied to a constant rotational speed wind turbine/farm, but the model is suitable to variable speed wind turbine/farm as well. The cases presented here illustrate the influences of the wind power on the power system quality and stability. The flicker and frequency deviations are the main power quality parameters presented. The power system stability concentrates on the voltage stability and on the power system oscillations. From the cases studied, voltage and the frequency variations were smaller than expected from the large-scale wind power integration due to the low spatial correlation of the wind speed. The voltage quality analysed in a Brazilian power system and in the Nordel power system from connecting large

Wind Turbine and Wind Power Plant Modelling Aspects for Power System Stability Studies

DEFF Research Database (Denmark)

Altin, Müfit; Hansen, Anca Daniela; Göksu, Ömer

2014-01-01

Large amount of wind power installations introduce modeling challenges for power system operators at both the planning and operational stages of power systems. Depending on the scope of the study, the modeling details of the wind turbine or the wind power plant are required to be different. A wind...... turbine model which is developed for the short-term voltage stability studies can be inaccurate and sufficient for the frequency stability studies. Accordingly, a complete and detailed wind power plant model for every kind of study is not feasible in terms of the computational time and also...... and wind power plants are reviewed for power system stability studies. Important remarks of the models are presented by means of simulations to emphasize the impact of these modelling details on the power system....

A Review of Power Electronics for Wind Power

Institute of Scientific and Technical Information of China (English)

Zhe CHEN

2011-01-01

The paper reviews the power electronic applications for wind energy systems.Main wind turbine systems with different generators and power electronic converters are described.The electrical topologies of wind farms with power electronic conversion are discussed.Power electronic applications for improving the performance of wind turbines and wind farms in power systems have been illustrated.

Wind power

International Nuclear Information System (INIS)

2009-01-01

At the end of 2008,the European wind power capacity had risen to 65,247 MW which is a 15,1% increase on 2007. The financial crisis does not appear to have any real consequences of the wind power sector's activity in 2008. At the end of 2008 the European Union accommodated 53,9% of the world's wind power capacity. The top ten countries in terms of installed wind capacities are: 1) Usa with 25,388 MW, 2) Germany with 23,903 MW, 3) Spain with 16,740 MW, 4) China with 12,200 MW, 5) India with 9,645 MW, 6) Italy with 3,736 MW, 7) France with 3,542 MW, 8) U.K. with 3,406 MW, 9) Denmark with 3,166 MW and 10) Portugal with 2,862 MW. (A.C.)

Wind farm - A power source in future power systems

DEFF Research Database (Denmark)

Chen, Zhe; Blaabjerg, Frede

2009-01-01

wind turbines and wind farms, and then introduces the wind power development and wind farms. An optimization platform for designing electrical systems of offshore wind farms is briefed. The major issues related to the grid connection requirements and the operation of wind turbines/farms in power......The paper describes modern wind power systems, introduces the issues of large penetration of wind power into power systems, and discusses the possible methods of making wind turbines/farms act as a power source, like conventional power plants in power systems. Firstly, the paper describes modern...... systems are illustrated....

High Power Wind Generator Designs with Less or No PMs

DEFF Research Database (Denmark)

Boldea, Ion; Tutelea, Lucian; Blaabjerg, Frede

2014-01-01

synchronous generators, by doubly-fed (wound rotor) induction and cage induction generators and by introducing new topologies with pertinent costs for high power (MW range) wind energy conversion units. The present overview attempts, based on recent grid specifications, an evaluation of commercial and novel...... considering the interaction with the PWM converter in terms of power/speed range, losses, kVA, and costs) rather than on the control issues which abound in literature, will be of use for future R&D efforts in wind energy conversion, storage and use.......The recent steep increase in high energy permanent magnet (PM) price (above 130$/kg and more) triggered already strong R&D efforts to develop wind generators with less PMs (less weight in NdFeB magnets/kW or the use of ferrite PMs) or fully without PMs. All these by optimizing existing dc excited...

Investments and price formation in a liberalized electric power market

International Nuclear Information System (INIS)

Morthorst, P.E.

2005-05-01

How will the electric power prices in the Nordic electric power market develop if the generation capacity in the coming 10 to 15 years is increased considerably? And what are the conditions for investors to initiate new investments in power plants? Briefly speaking - these are the issues for the project that is reported in this report. The basis for the project has been the Nordic electric power market model and its capability to handle the future extension of the necessary generating capacity. The main issue in the project has been a quantitative analysis of what the prices in the Nordic electric power market will be in the future, depending on the size of new investments in the power generating capacity. Using the Balmorel model, a basic scenario until the year 2020 is made which contains the present decisions about capacity extension only. Up to 2010 this basic scenario can be seen as a probable development. For the period 2010 to 2020, however, the calculations can primarily be seen as illustrations of how the prices may develop, provided that no further investments are made. Thus, for the period 2010 - 2020 it is a 'worst case' that has been analysed. In the basic scenario several cases for the year 2015 are analysed, among others the consequences of wet and dry years and an unusually cold winter. The project also analyses how the price development impacts the profitability of new investments in power capacity, depending on several exogenous events, like use of more wind power and the price on the carbon dioxide market. The analyses present three cases: 1) A single investor not owing other power plants, 2) a single investor owing a number of power plants in which case a new plant will compete with him self, 3) two competing investors investing in the same known power plants. In all cases investments are made in a natural gas combined cycle plant producing both electric power and heat. Furthermore, the investor's own possibility to time his investment has been

Estimating the impacts of wind power on power systems—summary of IEA Wind collaboration

Science.gov (United States)

Holttinen, Hannele

2008-04-01

Adding wind power to power systems will have beneficial impacts by reducing the emissions of electricity production and reducing the operational costs of the power system as less fuel is consumed in conventional power plants. Wind power will also have a capacity value to a power system. However, possible negative impacts will have to be assessed to make sure that they will only offset a small part of the benefits and also to ensure the security of the power system operation. An international forum for the exchange of knowledge of power system impacts of wind power has been formed under the IEA Implementing Agreement on Wind Energy. The Task 'Design and Operation of Power Systems with Large Amounts of Wind Power' is analyzing existing case studies from different power systems. There are a multitude of studies completed and ongoing related to the cost of wind integration. However, the results are not easy to compare. This paper describes the general issues of wind power impacts on power systems and presents a comparison of results from ten case studies on increased balancing needs due to wind power.

Estimating the impacts of wind power on power systems-summary of IEA Wind collaboration

International Nuclear Information System (INIS)

Holttinen, Hannele

2008-01-01

Adding wind power to power systems will have beneficial impacts by reducing the emissions of electricity production and reducing the operational costs of the power system as less fuel is consumed in conventional power plants. Wind power will also have a capacity value to a power system. However, possible negative impacts will have to be assessed to make sure that they will only offset a small part of the benefits and also to ensure the security of the power system operation. An international forum for the exchange of knowledge of power system impacts of wind power has been formed under the IEA Implementing Agreement on Wind Energy. The Task 'Design and Operation of Power Systems with Large Amounts of Wind Power' is analyzing existing case studies from different power systems. There are a multitude of studies completed and ongoing related to the cost of wind integration. However, the results are not easy to compare. This paper describes the general issues of wind power impacts on power systems and presents a comparison of results from ten case studies on increased balancing needs due to wind power

Market based solutions for power pricing

International Nuclear Information System (INIS)

Wangensteen, Ivar

2002-06-01

The report examines how the price for effect reserves, spot market power and regulated power is formed provided ideal market conditions rule. Primarily the price determining factors in a market for power reserves are examined and how the connection between this market and the energy market (the spot market) is. In a free market there would be a balance between what the actors may obtain by operating in the open market for power reserves/regulated power on the one hand and the market for spot power on the other. Primarily we suppose that the desired amount of power reserve is known. Secondly the problem constellation is extended to comprise the size of the effect reserves i.e. the optimising of the requirement to the power reserves. The optimal amount of power reserves is obtained when there is a balance between the cost and the benefit. This optimal balance is achieved when expected macro economical loss due to outfacing balances against the cost of maintaining larger reserves. By using a simple model it is demonstrated that a system operator regulates the maximal price in the regulated market and this equals the rationing price. The actors will offer sufficient reserves even if the reserve price is zero (provided risk neutrality). If the maximal price for regulated power is lower the price of effect reserves will rise. Based on the same simple model calculations are made for how short and long term market balance will be for increasing demands

Wind power forecast

Energy Technology Data Exchange (ETDEWEB)

Pestana, Rui [Rede Electrica Nacional (REN), S.A., Lisboa (Portugal). Dept. Systems and Development System Operator; Trancoso, Ana Rosa; Delgado Domingos, Jose [Univ. Tecnica de Lisboa (Portugal). Seccao de Ambiente e Energia

2012-07-01

Accurate wind power forecast are needed to reduce integration costs in the electric grid caused by wind inherent variability. Currently, Portugal has a significant wind power penetration level and consequently the need to have reliable wind power forecasts at different temporal scales, including localized events such as ramps. This paper provides an overview of the methodologies used by REN to forecast wind power at national level, based on statistical and probabilistic combinations of NWP and measured data with the aim of improving accuracy of pure NWP. Results show that significant improvement can be achieved with statistical combination with persistence in the short-term and with probabilistic combination in the medium-term. NWP are also able to detect ramp events with 3 day notice to the operational planning. (orig.)

Wind Power Utilization Guide.

Science.gov (United States)

1981-09-01

The expres- sions for the rotor torque for a Darrieus machine can be found in Reference 4.16. The Darrieus wind turbine offers the following... turbine generators, wind -driven turbines , power conditioning, wind power, energy conservation, windmills, economic ana \\sis. 20 ABS 1"ACT (Conti,on... turbines , power conditioning requirements, siting requirements, and the economics of wind power under different conditions. Three examples are given to

Wind power today

Energy Technology Data Exchange (ETDEWEB)

NONE

1998-04-01

This publication highlights initiatives of the US DOE`s Wind Energy Program. 1997 yearly activities are also very briefly summarized. The first article describes a 6-megawatt wind power plant installed in Vermont. Another article summarizes technical advances in wind turbine technology, and describes next-generation utility and small wind turbines in the planning stages. A village power project in Alaska using three 50-kilowatt turbines is described. Very brief summaries of the Federal Wind Energy Program and the National Wind Technology Center are also included in the publication.

The socio-economic costs of the planned development of wind power energy

International Nuclear Information System (INIS)

Bentzen, J.

1992-01-01

The socio-economic consequences of the Danish government's planned further development of wind power energy are discussed in detail. It is claimed that, currently, electricity produced by wind turbines is more expensive than that produced by power stations, if the relative environmental effects are not taken into consideration. It is expected that technological development will contribute to cost reduction by the year 2010 so that electricity produced by wind turbines will be competitive, but until then costs of wind power energy will be high and it is reckoned that losses will be in the range of 5-6 billion Danish crowns, minus 2.5 billion saved by lack of CO 2 emission. The socio-economic factors regarding windmills of various sizes (150 kW and 225 kW) are calculated and the planned development of wind power until 2010 is explained. The socio-economic costs of the development programme under various conditions, including the calculation of the saved emissions of carbon dioxide, are discussed. The author states that, in the light of these arguments, he is not in agreement with the governmental plan for the development of wind-turbine produced electricity. It is suggested that this plan could be postponed until such time as wind-power produced electricity should be more competitive in price, and that it should not be pursued during a period of economic recession. (AB)

Adaptations of renewable energy policies to unstable macroeconomic situations - case study: wind power in Brazil

Energy Technology Data Exchange (ETDEWEB)

Kissel, J.M. [Technical University, Berlin (Germany). Dept. of Renewable Energies; Federal University, Rio de Janeiro (Brazil); World Council for Renewable Energy, Rio de Janeiro (Brazil); Krauter, S.C.W. [Technical University, Berlin (Germany). Dept. of Renewable Energies; World Council for Renewable Energy, Rio de Janeiro (Brazil); State University of Ceara (Brazil). Dept. of Physics

2006-12-15

Despite the massive cost reduction in the last decade, wind power generation is generally still more expensive than conventional energy sources which benefit from the exclusion of externality costs in the price structure. Support policies for renewable energies guarantee the economic viability of this type of electrical power generation in many European countries. In Latin America, Brazil has become the pioneer state for renewable energy with the implementation of the PROINFA programme that supports, among other sources, wind power development of 1100 MW. This article presents an overview of the differences between the German and Brazilian wind power promotion policies with a special focus on how PROINFA can be adapted to the unstable macroeconomic situation of Brazil. The document specifically examines the adaptation of wind power promotion policies to large inflation and interest rates in Brazil. (author)

Adaptations of renewable energy policies to unstable macroeconomic situations-Case study: Wind power in Brazil

Energy Technology Data Exchange (ETDEWEB)

Kissel, Johannes M. [Department of Renewable Energies, Institute for Energy and Control Technology, Technical University Berlin (TUB), Sec. EM 4, Einsteinufer 11, D-10587 Berlin (Germany) and Federal University of Rio de Janeiro (UFRJ-COPPE), Programme for Energy Planning, Rio de Janeiro-RJ (Brazil) and World Council for Renewable Energy-Latin America - WCRE LA, c/o Rio Solar Ltda./PML, Av. Rio Branco, 25/18o andar, 20093-900 Rio de Janeiro-RJ (Brazil)]. E-mail: jo.kissel@gmx.net; Krauter, Stefan C.W. [Department of Renewable Energies, Institute for Energy and Control Technology, Technical University Berlin (TUB), Sec. EM 4, Einsteinufer 11, D-10587 Berlin (Germany) and World Council for Renewable Energy-Latin America (WCRE LA), c/o Rio Solar Ltda./PML, Av. Rio Branco, 25/18o andar, 20093-900 Rio de Janeiro-RJ (Brazil) and Department of Physics, State University of Ceara - UECE, Alternative Energy Group, Av. Paranjana 1700, Campus do Itaperi, Fortaleza 60740-000 CE (Brazil)]. E-mail: krauter@uece.br

2006-12-15

Despite the massive cost reduction in the last decade, wind power generation is generally still more expensive than conventional energy sources which benefit from the exclusion of externality costs in the price structure. Support policies for renewable energies guarantee the economic viability of this type of electrical power generation in many European countries. In Latin America, Brazil has become the pioneer state for renewable energy with the implementation of the PROINFA programme that supports, among other sources, wind power development of 1100 MW. This article presents an overview of the differences between the German and Brazilian wind power promotion policies with a special focus on how PROINFA can be adapted to the unstable macroeconomic situation of Brazil. The document specifically examines the adaptation of wind power promotion policies to large inflation and interest rates in Brazil.

Adaptations of renewable energy policies to unstable macroeconomic situations-Case study: Wind power in Brazil

International Nuclear Information System (INIS)

Kissel, Johannes M.; Krauter, Stefan C.W.

2006-01-01

Despite the massive cost reduction in the last decade, wind power generation is generally still more expensive than conventional energy sources which benefit from the exclusion of externality costs in the price structure. Support policies for renewable energies guarantee the economic viability of this type of electrical power generation in many European countries. In Latin America, Brazil has become the pioneer state for renewable energy with the implementation of the PROINFA programme that supports, among other sources, wind power development of 1100 MW. This article presents an overview of the differences between the German and Brazilian wind power promotion policies with a special focus on how PROINFA can be adapted to the unstable macroeconomic situation of Brazil. The document specifically examines the adaptation of wind power promotion policies to large inflation and interest rates in Brazil

Wind Power in Europe. A Simultaneous Innovation-Diffusion Model

International Nuclear Information System (INIS)

Soederholm, P.; Klaassen, G.

2007-01-01

The purpose of this paper is to provide a quantitative analysis of innovation and diffusion in the European wind power sector. We derive a simultaneous model of wind power innovation and diffusion, which combines a rational choice model of technological diffusion and a learning curve model of dynamic cost reductions. These models are estimated using pooled annual time series data for four European countries (Denmark, Germany, Spain and the United Kingdom) over the time period 1986-2000. The empirical results indicate that reductions in investment costs have been important determinants of increased diffusion of wind power, and these cost reductions can in turn be explained by learning activities and public R and D support. Feed-in tariffs also play an important role in the innovation and diffusion processes. The higher the feed-in price the higher, ceteris paribus, the rate of diffusion, and we present some preliminary empirical support for the notion that the impact on diffusion of a marginal increase in the feed-in tariff will differ depending on the support system used. High feed-in tariffs, though, also have a negative effect on cost reductions as they induce wind generators to choose high-cost sites and provide fewer incentives for cost cuts. This illustrates the importance of designing an efficient wind energy support system, which not only promotes diffusion but also provides continuous incentives for cost-reducing innovations

Renewable energy and negative externalities: the effect of wind turbines on house prices

NARCIS (Netherlands)

Dröes, M.I.; Koster, H.R.A.

2014-01-01

In many countries, wind turbines are constructed as part of a strategy to reduce dependence on fossil fuels. In this paper, we measure the external effect of wind turbines on the transaction prices of nearby houses. A unique house price dataset covering the period 1985-2011 is used, including the

Power fluctuation and power loss of wind turbines due to wind shear and tower shadow

Institute of Scientific and Technical Information of China (English)

Binrong WEN; Sha WEI; Kexiang WEI; Wenxian YANG; Zhike PENG; Fulei CHU

2017-01-01

The magnitude and stability of power output are two key indices of wind turbines.This study investigates the effects of wind shear and tower shadow on power output in terms of power fluctuation and power loss to estimate the capacity and quality of the power generated by a wind turbine.First,wind speed models,particularly the wind shear model and the tower shadow model,are described in detail.The widely accepted tower shadow model is modified in view of the cone-shaped towers of modem large-scale wind turbines.Power fluctuation and power loss due to wind shear and tower shadow are analyzed by performing theoretical calculations and case analysis within the framework of a modified version of blade element momentum theory.Results indicate that power fluctuation is mainly caused by tower shadow,whereas power loss is primarily induced by wind shear.Under steady wind conditions,power loss can be divided into wind farm loss and rotor loss.Wind farm loss is constant at 3α(3α-1)R2/(8H2).By contrast,rotor loss is strongly influenced by the wind turbine control strategies and wind speed.That is,when the wind speed is measured in a region where a variable-speed controller works,the rotor loss stabilizes around zero,but when the wind speed is measured in a region where the blade pitch controller works,the rotor loss increases as the wind speed intensifies.The results of this study can serve as a reference for accurate power estimation and strategy development to mitigate the fluctuations in aerodynamic loads and power output due to wind shear and tower shadow.

Potentials of wind power

International Nuclear Information System (INIS)

Bezrukikh, P.P.; Bezrukikh, P.P.

2000-01-01

The ecological advantages of the wind power facilities (WPF) are considered. The possibilities of small WPF, generating the capacity from 40 W up to 10 kW, are discussed. The basic technical data on the national and foreign small WPF are presented. The combined wind power systems are considered. Special attention is paid to the most perspective wind-diesel systems, which provide for all possible versions of the electro-power supply. Useful recommendations and information on the wind power engineering are given for those, who decided to build up a wind facility [ru

Observability of wind power

International Nuclear Information System (INIS)

Gonot, J.P.; Fraisse, J.L.

2009-01-01

The total installed capacity of wind power grows from a few hundred MW at the beginning of 2005 to 3400 MW at the end of 2008. With such a trend, a total capacity of 7000 MW could be reached by 2010. The natural variability of wind power and the difficulty of its predictability require a change in the traditional way of managing supply/demand balance, day-ahead margins and the control of electrical flows. As a consequence, RTE operators should be informed quickly and reliably of the real time output power of wind farms and of its evolvement some hours or days ahead to ensure the reliability of the French electrical power system. French specificities are that wind farms are largely spread over the territory, that 95 % of wind farms have an output power below 10 MW and that they are connected to the distribution network. In this context, new tools were necessary to acquire as soon as possible data concerning wind power. In two years long, RTE set up an observatory of wind production 'IPES system' enable to get an access to the technical characteristics of the whole wind farms, to observe in real time 75 % of the wind generation and to implement a forecast model related to wind generation. (authors)

On the spatial hedging effectiveness of German wind power futures for wind power generators

DEFF Research Database (Denmark)

Christensen, Troels Sønderby; Pircalabu, Anca

2018-01-01

The wind power futures recently introduced on the German market fill the gap of a standardized product that addresses directly the volume risk in wind power trading. While the German wind power futures entail risk-reducing benefits for wind power generators generally speaking, it remains unclear...... the extent of these benefits across wind farms with different geographical locations. In this paper, we consider the wind utilization at 31 different locations in Germany, and for each site, we propose a copula model for the joint behavior of the site-specific wind index and the overall German wind index....... Our results indicate that static mixture copulas are preferred to the stand-alone copula models usually employed in the economic literature. Further, we find evidence of asymmetric dependence and upper tail dependence. To quantify the benefits of wind power futures at each wind site, we perform...

Coordinated Frequency Control of Wind Turbines in Power Systems with High Wind Power Penetration

DEFF Research Database (Denmark)

Tarnowski, Germán Claudio

The integration of large amounts of wind power in power systems presents huge challenges. In particular, with the increase of wind power generation, more regulation reserves would be necessary, the capability of the power system to offer conventional regulating power would be reduced...... particular views. These models were developed and verified during this work, basedaround a particular manufacturer’s wind turbine and on said isolated power system withwind power. The capability of variable speed wind turbines for providing Inertial Response is analysed. To perform this assessment, a control...... generation were studied considering a large share of wind power in the system. Results show the abilities of the architectures to manage the variability of the generated wind power, reducing the impact on the grid frequency and providing suitable frequency regulation service when required. The coordination...

Nodal prices determination with wind integration for radial ...

African Journals Online (AJOL)

With competitive electricity market operation, open access to the transmission and distribution network is essential ... The results have been obtained for IEEE 33 ...... The value of intermittent wind DG under nodal prices and amp – mile tariffs.

Renewable Energy and Negative Externalities: The Effect of Wind Turbines on House Prices

NARCIS (Netherlands)

Dröes, M.I.; Koster, H.R.A.

2016-01-01

In many countries, wind turbines are constructed as part of a strategy to reduce dependence on fossil fuels. In this paper, we measure the external effect of wind turbines on the transaction prices of nearby houses. A unique Dutch house price dataset covering the period 1985–2011 is used, as well as

Power-Production Diagnostic Tools for Low-Density Wind Farms with Applications to Wake Steering

Science.gov (United States)

Takle, E. S.; Herzmann, D.; Rajewski, D. A.; Lundquist, J. K.; Rhodes, M. E.

2016-12-01

Hansen (2011) provided guidelines for wind farm wake analysis with applications to "high density" wind farms (where average distance between turbines is less than ten times rotor diameter). For "low-density" (average distance greater than fifteen times rotor diameter) wind farms, or sections of wind farms we demonstrate simpler sorting and visualization tools that reveal wake interactions and opportunities for wind farm power prediction and wake steering. SCADA data from a segment of a large mid-continent wind farm, together with surface flux measurements and lidar data are subjected to analysis and visualization of wake interactions. A time-history animated visualization of a plan view of power level of individual turbines provides a quick analysis of wake interaction dynamics. Yaw-based sectoral histograms of enhancement/decline of wind speed and power from wind farm reference levels reveals angular width of wake interactions and identifies the turbine(s) responsible for the power reduction. Concurrent surface flux measurements within the wind farm allowed us to evaluate stability influence on wake loss. A one-season climatology is used to identify high-priority candidates for wake steering based on estimated power recovery. Typical clearing prices on the day-ahead market are used to estimate the added value of wake steering. Current research is exploring options for identifying candidate locations for wind farm "build-in" in existing low-density wind farms.

Wind Power in Georgia

Energy Technology Data Exchange (ETDEWEB)

NONE

2012-11-01

Georgia has good wind power potential. Preliminary analyses show that the technical wind power potential in Georgia is good. Meteorological data shows that Georgia has four main areas in Georgia with annual average wind speeds of over 6 m/s and two main areas with 5-6 m/s at 80m. The most promising areas are the high mountain zone of the Great Caucasus, The Kura river valley, The South-Georgian highland and the Southern part of the Georgian Black Sea coast. Czech company Wind Energy Invest has recently signed a Memorandum of Understanding with Georgian authorities for development of the first wind farm in Georgia, a 50MW wind park in Paravani, Southern Georgia, to be completed in 2014. Annual generation is estimated to 170.00 GWh and the investment estimated to 101 million US$. Wind power is suited to balance hydropower in the Georgian electricity sector Electricity generation in Georgia is dominated by hydro power, constituting 88% of total generation in 2009. Limited storage capacity and significant spring and summer peaks in river flows result in an uneven annual generation profile and winter time shortages that are covered by three gas power plants. Wind power is a carbon-free energy source well suited to balance hydropower, as it is available (often strongest) in the winter and can be exported when there is a surplus. Another advantage with wind power is the lead time for the projects; the time from site selection to operation for a wind power park (approximately 2.5 years) is much shorter than for hydro power (often 6-8 years). There is no support system or scheme for renewable sources in Georgia, so wind power has to compete directly with other energy sources and is in most cases more expensive to build than hydro power. In a country and region with rapidly increasing energy demands, the factors described above nevertheless indicate that there is a commercial niche and a role to play for Georgian wind power. Skra: An example of a wind power development

Wind power forecast error smoothing within a wind farm

International Nuclear Information System (INIS)

Saleck, Nadja; Bremen, Lueder von

2007-01-01

Smoothing of wind power forecast errors is well-known for large areas. Comparable effects within a wind farm are investigated in this paper. A Neural Network was taken to predict the power output of a wind farm in north-western Germany comprising 17 turbines. A comparison was done between an algorithm that fits mean wind and mean power data of the wind farm and a second algorithm that fits wind and power data individually for each turbine. The evaluation of root mean square errors (RMSE) shows that relative small smoothing effects occur. However, it can be shown for this wind farm that individual calculations have the advantage that only a few turbines are needed to give better results than the use of mean data. Furthermore different results occurred if predicted wind speeds are directly fitted to observed wind power or if predicted wind speeds are first fitted to observed wind speeds and then applied to a power curve. The first approach gives slightly better RMSE values, the bias improves considerably

Wind energy - The facts. Vol. 2: Costs and prices

International Nuclear Information System (INIS)

Morthorst, P.E.

2004-01-01

From a European, as well as a global perspective, wind power is undergoing rapid development. Within the past 10 years the global installed capacity of wind power has increased from approximately 2.5 GW in 1992 to a little below 40 GW at the end of 2003, with an annual growth rate of around 30%. However, only at few sites with high wind speeds can wind power compete economically with conventional power production at present. This section focuses on the cost structures of a wind power plant, including the lifetime of the turbine and operation and maintenance costs. Finally, it analyses how the costs of wind power have developed in previous years and how they are expected to develop in the near future. Wind power is used in a number of different applications, including both grid connected and stand-alone electricity production, as well as water pumping. This section analyses the economics of wind energy primarily in relation to grid connected turbines which account for the vast bulk of the market value of installed turbines. (au)

Using Unsupervised Machine Learning for Outlier Detection in Data to Improve Wind Power Production Prediction

OpenAIRE

Åkerberg, Ludvig

2017-01-01

The expansion of wind power for electrical energy production has increased in recent years and shows no signs of slowing down. This unpredictable source of energy has contributed to destabilization of the electrical grid causing the energy market prices to vary significantly on a daily basis. For energy producers and consumers to make good investments, methods have been developed to make predictions of wind power production. These methods are often based on machine learning were historical we...

Generation of electricity by wind power

Energy Technology Data Exchange (ETDEWEB)

Golding, E W

1976-01-01

Information on wind power is presented concerning the history of windmills; estimation of the energy obtainable from the wind; wind characteristics and distribution; wind power sites; wind surveys; wind flow over hills; measurement of wind velocity; wind structure and its determination; wind data and energy estimation; testing of wind driven ac generators; wind-driven machines; propeller type windmills; plants for isolated premises and small communities; economy of wind power generation; construction costs for large wind-driven generators; relationship of wind power to other power sources; research and development; and international cooperation.

On the market impact of wind energy forecasts

International Nuclear Information System (INIS)

Jonsson, Tryggvi; Pinson, Pierre; Madsen, Henrik

2010-01-01

This paper presents an analysis of how day-ahead electricity spot prices are affected by day-ahead wind power forecasts. Demonstration of this relationship is given as a test case for the Western Danish price area of the Nord Pool's Elspot market. Impact on the average price behaviour is investigated as well as that on the distributional properties of the price. By using a non-parametric regression model to assess the effects of wind power forecasts on the average behaviour, the non-linearities and time variations in the relationship are captured well and the effects are shown to be quite substantial. Furthermore, by evaluating the distributional properties of the spot prices under different scenarios, the impact of the wind power forecasts on the price distribution is proved to be considerable. The conditional price distribution is moreover shown to be non-Gaussian. This implies that forecasting models for electricity spot prices for which parameters are estimated by a least squares techniques will not have Gaussian residuals. Hence the widespread assumption of Gaussian residuals from electricity spot price models is shown to be inadequate for these model types. The revealed effects are likely to be observable and qualitatively similar in other day-ahead electricity markets significantly penetrated by wind power. (author)

Policies and market factors driving wind power development in the United States

International Nuclear Information System (INIS)

Bird, Lori; Bolinger, Mark; Gagliano, Troy; Wiser, Ryan; Brown, Matthew; Parsons, Brian

2005-01-01

In the United States, there has been substantial recent growth in wind energy generating capacity, with growth averaging 24 percent annually during the past five years. About 1700 MW of wind energy capacity was installed in 2001, while another 410 MW became operational in 2002. During 2003, development activity has remained strong, with an estimated 1600 MW of capacity installed. With this growth, an increasing number of States are experiencing investment in wind energy projects: currently about half of all States host at least one wind power project. This paper explores the key factors at play in the 12 States in which a substantial amount of wind energy capacity has been developed or planned. Some of the factors that are examined include policy drivers, such as Renewable Portfolio Standards (RPS), Federal and State financial incentives; as well as market drivers, such as consumer demand for green power, natural gas price volatility, and wholesale market rules

A long-term analysis of pumped hydro storage to firm wind power

International Nuclear Information System (INIS)

Foley, A.M.; Leahy, P.G.; Li, K.; McKeogh, E.J.; Morrison, A.P.

2015-01-01

Highlights: • This is a long term generation analysis of a high wind power system. • A high CO 2 and fossil fuel price is closest to Ireland’s EU ETS 2020 target. • New pumped storage to firm wind is limited unless strong market costs exist. • Reserve for wind power show that ancillary services are relevant for balancing. - Abstract: Although pumped hydro storage is seen as a strategic key asset by grid operators, financing it is complicated in new liberalised markets. It could be argued that the optimum generation portfolio is now determined by the economic viability of generators based on a short to medium term return on investment. This has meant that capital intensive projects such as pumped hydro storage are less attractive for wholesale electricity companies because the payback periods are too long. In tandem a significant amount of wind power has entered the generation mix, which has resulted in operating and planning integration issues due to wind’s inherent uncertain, varying spatial and temporal nature. These integration issues can be overcome using fast acting gas peaking plant or energy storage. Most analysis of wind power integration using storage to date has used stochastic optimisation for power system balancing or arbitrage modelling to examine techno-economic viability. In this research a deterministic dynamic programming long term generation expansion model is employed to optimise the generation mix, total system costs and total carbon dioxide emissions, and unlike other studies calculates reserve to firm wind power. The key finding of this study is that the incentive to build capital-intensive pumped hydro storage to firm wind power is limited unless exogenous market costs come very strongly into play. Furthermore it was demonstrated that reserve increases with increasing wind power showing the importance of ancillary services in future power systems

Utilizing a vanadium redox flow battery to avoid wind power deviation penalties in an electricity market

International Nuclear Information System (INIS)

Turker, Burak; Arroyo Klein, Sebastian; Komsiyska, Lidiya; Trujillo, Juan José; Bremen, Lueder von; Kühn, Martin; Busse, Matthias

2013-01-01

Highlights: • Vanadium redox flow battery utilized for wind power grid integration was studied. • Technical and financial analyses at single wind farm level were performed. • 2 MW/6 MW h VRFB is suitable for mitigating power deviations for a 10 MW wind farm. • Economic incentives might be required in the short-term until the VRFB prices drop. - Abstract: Utilizing a vanadium redox flow battery (VRFB) for better market integration of wind power at a single wind farm level was evaluated. A model which combines a VRFB unit and a medium sized (10 MW) wind farm was developed and the battery was utilized to compensate for the deviations resulting from the forecast errors in an electricity market bidding structure. VRFB software model which was introduced in our previous paper was integrated with real wind power data, power forecasts and market data based on the Spanish electricity market. Economy of the system was evaluated by financial assessments which were done by considering the VRFB costs and the amount of deviation penalty payments resulting from forecast inaccuracies

Hedging electricity price volatility using nuclear power

International Nuclear Information System (INIS)

Mari, Carlo

2014-01-01

Highlights: • Nuclear power is an important asset to reduce the volatility of electricity prices. • Unpredictability of fossil fuels and carbon prices makes power prices very volatile. • The dynamics of fossil fuels and carbon prices is described by Brownian motions. • LCOE values, volatilities and correlations are obtained via Monte Carlo simulations. • Optimal portfolios of generating technologies are get using a mean–variance approach. - Abstract: The analysis presented in this paper aims to put in some evidence the role of nuclear power as hedging asset against the volatility of electricity prices. The unpredictability of natural gas and coal market prices as well as the uncertainty in environmental policies may affect power generating costs, thus enhancing volatility in electricity market prices. The nuclear option, allowing to generate electricity without carbon emissions, offers the possibility to reduce the volatility of electricity prices through optimal diversification of power generating technologies. This paper provides a methodological scheme to plan well diversified “portfolios” of generating capacity that minimize the electricity price risk induced by random movements of fossil fuels market prices and by unpredictable fluctuations of carbon credits prices. The analysis is developed within a stochastic environment in which the dynamics of fuel prices as well as the dynamics of carbon credits prices is assumed to evolve in time according to well defined Brownian processes. Starting from market data and using Monte Carlo techniques to simulate generating cost values, the hedging argument is developed by selecting optimal portfolio of power generating technologies using a mean–variance approach

2016 Wind Technologies Market Report

Energy Technology Data Exchange (ETDEWEB)

Wiser, Ryan H. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Bolinger, Mark [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

2017-08-10

The U.S. Department of Energy (DOE)’s Wind Technologies Market Report provides an annual overview of trends in the U.S. wind power market. You can find the report, a presentation, and a data file on the Files tab, below. Additionally, several data visualizations are available in the Data Visualizations tab. Highlights of this year’s report include: -Wind power additions continued at a rapid clip in 2016: $13 billion was invested in new wind power plants in 2016. In 2016, wind energy contributed 5.6% of the nation’s electricity supply, more than 10% of total electricity generation in fourteen states, and 29% to 37% in three of those states—Iowa, South Dakota, and Kansas. -Bigger turbines are enhancing wind project performance: Increased blade lengths, in particular, have dramatically increased wind project capacity factors, one measure of project performance. For example, the average 2016 capacity factor among projects built in 2014 and 2015 was 42.6%, compared to an average of 32.1% among projects built from 2004 to 2011 and 25.4% among projects built from 1998 to 2001. -Low wind turbine pricing continues to push down installed project costs: Wind turbine prices have fallen from their highs in 2008, to $800–$1,100/kW. Overall, the average installed cost of wind projects in 2016 was $1,590/kW, down $780/kW from the peak in 2009 and 2010. -Wind energy prices remain low: After topping out at nearly 7¢/kWh for power purchase agreements (PPAs) executed in 2009, the national average price of wind PPAs has dropped to around 2¢/kWh—though this nationwide average is dominated by projects that hail from the lowest-priced Interior region of the country (such as Texas, Iowa, Oklahoma). These prices, which are possible in part due to federal tax support, compare favorably to the projected future fuel costs of gas-fired generation. -The supply chain continued to adjust to swings in domestic demand for wind equipment: Wind sector employment reached a new high of

POSSPOW: Possible Power of Offshore Wind Power Plants

DEFF Research Database (Denmark)

Giebel, Gregor; Göçmen, Tuhfe; Sørensen, Poul Ejnar

2013-01-01

Introduction In recent years, the very large offshore wind farms were designed as wind power plants, including possibilities to contribute to the stability of the grid by offering grid services (also called ancillary services). One of those services is reserve power, which is achieved by down......-regulating the wind farm from its maximum possible power. The power can be ramped up quite quickly, but the influence of wakes makes it difficult to assess the exact amount of down-regulation available to sell. Currently, Transmission System Operators (TSOs) have no real way to determine exactly the possible power...... will be verified on some of the large offshore wind farms owned by Vattenfall, and possibly in a DONG Energy wind farm too. Dedicated experiments to the wind flow in large offshore wind farms are planned. Main body of abstract Modern wind turbines have a SCADA signal called possible power. In normal operation...

Wind Power Today: Wind Energy Program Highlights 2001

Energy Technology Data Exchange (ETDEWEB)

2002-05-01

Wind Power Today is an annual publication that provides an overview of the U.S. Department of Energy's Wind Energy Program accomplishments for the previous year. The purpose of Wind Power Today is to show how DOE's Wind Energy Program supports wind turbine research and deployment in hopes of furthering the advancement of wind technologies that produce clean, low-cost, reliable energy. Content objectives include: educate readers about the advantages and potential for widespread deployment of wind energy; explain the program's objectives and goals; describe the program's accomplishments in research and application; examine the barriers to widespread deployment; describe the benefits of continued research and development; facilitate technology transfer; and attract cooperative wind energy projects with industry. This 2001 edition of Wind Power Today also includes discussions about wind industry growth in 2001, how DOE is taking advantage of low wind speed regions through advancing technology, and distributed applications for small wind turbines.

Variability in large-scale wind power generation: Variability in large-scale wind power generation

Energy Technology Data Exchange (ETDEWEB)

Kiviluoma, Juha [VTT Technical Research Centre of Finland, Espoo Finland; Holttinen, Hannele [VTT Technical Research Centre of Finland, Espoo Finland; Weir, David [Energy Department, Norwegian Water Resources and Energy Directorate, Oslo Norway; Scharff, Richard [KTH Royal Institute of Technology, Electric Power Systems, Stockholm Sweden; Söder, Lennart [Royal Institute of Technology, Electric Power Systems, Stockholm Sweden; Menemenlis, Nickie [Institut de recherche Hydro-Québec, Montreal Canada; Cutululis, Nicolaos A. [DTU, Wind Energy, Roskilde Denmark; Danti Lopez, Irene [Electricity Research Centre, University College Dublin, Dublin Ireland; Lannoye, Eamonn [Electric Power Research Institute, Palo Alto California USA; Estanqueiro, Ana [LNEG, Laboratorio Nacional de Energia e Geologia, UESEO, Lisbon Spain; Gomez-Lazaro, Emilio [Renewable Energy Research Institute and DIEEAC/EDII-AB, Castilla-La Mancha University, Albacete Spain; Zhang, Qin [State Grid Corporation of China, Beijing China; Bai, Jianhua [State Grid Energy Research Institute Beijing, Beijing China; Wan, Yih-Huei [National Renewable Energy Laboratory, Transmission and Grid Integration Group, Golden Colorado USA; Milligan, Michael [National Renewable Energy Laboratory, Transmission and Grid Integration Group, Golden Colorado USA

2015-10-25

The paper demonstrates the characteristics of wind power variability and net load variability in multiple power systems based on real data from multiple years. Demonstrated characteristics include probability distribution for different ramp durations, seasonal and diurnal variability and low net load events. The comparison shows regions with low variability (Sweden, Spain and Germany), medium variability (Portugal, Ireland, Finland and Denmark) and regions with higher variability (Quebec, Bonneville Power Administration and Electric Reliability Council of Texas in North America; Gansu, Jilin and Liaoning in China; and Norway and offshore wind power in Denmark). For regions with low variability, the maximum 1 h wind ramps are below 10% of nominal capacity, and for regions with high variability, they may be close to 30%. Wind power variability is mainly explained by the extent of geographical spread, but also higher capacity factor causes higher variability. It was also shown how wind power ramps are autocorrelated and dependent on the operating output level. When wind power was concentrated in smaller area, there were outliers with high changes in wind output, which were not present in large areas with well-dispersed wind power.

A Review of Power Electronics for Wind Power

DEFF Research Database (Denmark)

Chen, Zhe

2011-01-01

The paper reviews the power electronic applications for wind energy systems. Main wind turbine systems with different generators and power electronic converters are described. The electrical topologies of wind farms with power electronic conversion are discussed. Power electronic applications...

Siemens Wind Power 3.6 MW wind turbines for large offshore wind farms

Energy Technology Data Exchange (ETDEWEB)

Akhmatov, Vladislav; Nygaard Nielsen, Joergen; Thisted, Jan; Groendahl, Erik; Egedal, Per; Noertoft Frydensbjerg, Michael; Jensen, Kim Hoej [Siemens Wind Power A/S, Brande (Denmark)

2008-07-01

Siemens Wind power A/S is the key player on the offshore wind power market. The Siemens Wind Power 3.6 MW variable-speed wind turbine is among the word's largest, most advanced and competitive wind turbines with a solid portfolio of large offshore wind farms. Transmission system operators and developers require dynamic wind turbine models for evaluation of fault-ride-through capability and investigations of power system stability. The even larger size of the on- and offshore wind farms has entailed that the grid impact of the voltage and frequency control capability of the wind farm can be appropriated modelled and evaluated. Siemens Wind Power has developed a dynamic model of the 3.6 MW variable-speed wind turbine with the fault-ride-through sequences and models of the voltage and frequency controllers to be applied for large offshore wind farms. The dynamic models have been implemented in the commercially available simulation tools such as DIgSILENT PowerFactory and Siemens PTI PSS/E and successfully validated from measurements. (orig.)

Research Developments on Power System Integration of Wind Power

DEFF Research Database (Denmark)

Chen, Zhe; Hansen, Jens Carsten; Wu, Qiuwei

2011-01-01

variability and prediction, wind power plant ancillary services, grid connection and operation, Smart grids and demand side management under market functionality. The topics of the first group of PhD program starting 2011 under the wind energy Sino-Danish Centre for Education & Research (SDC) are also......This paper presents an overview on the recent research activities and tendencies regarding grid integration of wind power in Denmark and some related European activities, including power electronics for enhancing wind power controllability, wind turbines and wind farms modeling, wind power...

Nodal price volatility reduction and reliability enhancement of restructured power systems considering demand-price elasticity

International Nuclear Information System (INIS)

Goel, L.; Wu, Qiuwei; Wang, Peng

2008-01-01

With the development of restructured power systems, the conventional 'same for all customers' electricity price is getting replaced by nodal prices. Electricity prices will fluctuate with time and nodes. In restructured power systems, electricity demands will interact mutually with prices. Customers may shift some of their electricity consumption from time slots of high electricity prices to those of low electricity prices if there is a commensurate price incentive. The demand side load shift will influence nodal prices in return. This interaction between demand and price can be depicted using demand-price elasticity. This paper proposes an evaluation technique incorporating the impact of the demand-price elasticity on nodal prices, system reliability and nodal reliabilities of restructured power systems. In this technique, demand and price correlations are represented using the demand-price elasticity matrix which consists of self/cross-elasticity coefficients. Nodal prices are determined using optimal power flow (OPF). The OPF and customer damage functions (CDFs) are combined in the proposed reliability evaluation technique to assess the reliability enhancement of restructured power systems considering demand-price elasticity. The IEEE reliability test system (RTS) is simulated to illustrate the developed techniques. The simulation results show that demand-price elasticity reduces the nodal price volatility and improves both the system reliability and nodal reliabilities of restructured power systems. Demand-price elasticity can therefore be utilized as a possible efficient tool to reduce price volatility and to enhance the reliability of restructured power systems. (author)

Statement on Wind Power

Energy Technology Data Exchange (ETDEWEB)

2010-01-15

Wind power will grow in importance in future electricity supply. In the next few decades it will to some degree replace fossil power but it will, at the same time also depend on fossil-b beyond, when wind power is expected to have a substantial share of the electricity market, CO{sub 2} emission-free electricity plants that are well suited for balancing the wind intermittency will be required. Predictions of the future penetration of wind power into the electricity market are critically dependent on a number of policy measures and will be especially influenced by climate driven energy policies. Very large investments will also be necessary as is shown by the lEA's Blue Map Scenario which includes 5,000 TWh wind electricity by 2050 at a cost of USD 700 billion. This implies an average 8% increase of wind electricity per year energy system, i.e. an energy system so large that it affects the entire world. The Energy Committee's scenario for electricity production in the year 2050 includes 5,000 TWh wind electricity out of a total of 45,000 TWh. Wind electricity thus has a within presently reached penetration of wind energy in a single country and within the calculated future projections of its penetration. Future large continental and intercontinental power grids may enable higher penetrations of wind energy since contributions of wind power from a larger area will tend to reduce its intermittency. Also, large-scale storage systems (thermal storage as is intermittent power systems. These alternatives have been discussed from a technical point of view [3] but for the required large-scale systems, further studies on the social, environmental and economical implications are needed

2014 Wind Technologies Market Report

Energy Technology Data Exchange (ETDEWEB)

Wiser, Ryan [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Bolinger, Mark [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Barbose, Galen [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Daghouth, Naim [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Hoen, Ben [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Mills, Andrew [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Hamachi LaCommare, Kristina [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Millstein, Dev [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Hansen, Dana [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Porter, Kevin [Exeter Associates, Columbia, MD (United States); Widiss, Rebecca [Exeter Associates, Columbia, MD (United States); Buckley, Michael [Exeter Associates, Columbia, MD (United States); Oteri, Frank [National Renewable Energy Lab. (NREL), Golden, CO (United States); Smith, Aaron [National Renewable Energy Lab. (NREL), Golden, CO (United States); Tegen, Suzanne [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2015-08-06

Wind power capacity additions in the United States rebounded in 2014, and continued growth through 2016 is anticipated. Recent and projected near-term growth is supported by the industry’s primary federal incentive—the production tax credit (PTC)—which is available for projects that began construction by the end of 2014. Wind additions are also being driven by recent improvements in the cost and performance of wind power technologies, which have resulted in the lowest power sales prices ever seen in the U.S. wind sector. Growing corporate demand for wind energy and state-level policies play important roles as well. Expectations for continued technological advancements and cost reductions may further boost future growth. At the same time, the prospects for growth beyond 2016 are uncertain. The PTC has expired, and its renewal remains in question. Continued low natural gas prices, modest electricity demand growth, and limited near-term demand from state renewables portfolio standards (RPS) have also put a damper on growth expectations. These trends, in combination with increasingly global supply chains, have limited the growth of domestic manufacturing of wind equipment. What they mean for wind power additions through the end of the decade and beyond will be dictated in part by future natural gas prices, fossil plant retirements, and policy decisions.

Robust optimization-based DC optimal power flow for managing wind generation uncertainty

Science.gov (United States)

Boonchuay, Chanwit; Tomsovic, Kevin; Li, Fangxing; Ongsakul, Weerakorn

2012-11-01

Integrating wind generation into the wider grid causes a number of challenges to traditional power system operation. Given the relatively large wind forecast errors, congestion management tools based on optimal power flow (OPF) need to be improved. In this paper, a robust optimization (RO)-based DCOPF is proposed to determine the optimal generation dispatch and locational marginal prices (LMPs) for a day-ahead competitive electricity market considering the risk of dispatch cost variation. The basic concept is to use the dispatch to hedge against the possibility of reduced or increased wind generation. The proposed RO-based DCOPF is compared with a stochastic non-linear programming (SNP) approach on a modified PJM 5-bus system. Primary test results show that the proposed DCOPF model can provide lower dispatch cost than the SNP approach.

The influence of spatial effects on wind power revenues under direct marketing rules

International Nuclear Information System (INIS)

Grothe, Oliver; Müsgens, Felix

2013-01-01

In many countries, investments in renewable technologies have been accelerated by fixed feed-in tariffs for electricity from renewable energy sources (RES). While fixed tariffs accomplish this purpose, they lack incentives to align the RES production with price signals. Today, the intermittency of most RES increases the volatility of electricity prices and makes balancing supply and demand more complicated. Therefore, support schemes for RES have to be modified. Recently, Germany launched a scheme which gives wind power operators the monthly choice to either receive a fixed tariff or to risk a – subsidized – access to the wholesale electricity market. This paper quantifies revenues of wind turbines under this new subsidy and analyzes whether, when and where producers may profit. We find that the position of the wind turbine within the country significantly influences revenues in terms of EUR/MWh. The results are important for wind farm operators deciding whether electricity should be sold in the fixed feed-in tariff or in the wholesale market. However, no location is persistently, i.e., in every calendar month of the year, above the average. This limits the effect of the new subsidy scheme on investment locations and long term improvements in the aggregated wind feed-in profile. - Highlights: • Germany couples feed-in tariff for renewable energies to hourly market prices. • Analysis of position of wind turbines on relative revenues in EUR/MW. • Quantification of locational effect for policy makers and investors

Winds of change: How high wind penetrations will affect investment incentives in the GB electricity sector

International Nuclear Information System (INIS)

Steggals, Will; Gross, Robert; Heptonstall, Philip

2011-01-01

Wind power is widely expected to expand rapidly in Britain over the next decade. Large amounts of variable wind power on the system will increase market risks, with prices more volatile and load factors for conventional thermal plant lower and more uncertain. This extra market risk may discourage investment in generation capacity. Financial viability for thermal plant will be increasingly dependent on price spikes during periods of low wind. Increased price risk will also make investment in other forms of low-carbon generation (e.g. nuclear power) more challenging. A number of policies can reduce the extent to which generators are exposed to market risks and encourage investment. However, market risks play a fundamental role in shaping efficient investment and dispatch patterns in a liberalised market. Therefore, measures to improve price signals and market functioning (such as a stronger carbon price and developing more responsive demand) are desirable. However, the scale of the investment challenge and increased risk mean targeted measures to reduce (although not eliminate) risk exposure, such as capacity mechanisms and fixed price schemes, may have increasing merit. The challenge for policy is to strike the right balance between market and planned approaches. - Research highlights: → Analyses how increases penetrations of wind power effect electricity market functioning. → Assesses the impacts of this on investment incentives for different technologies. → Discusses implications for policy and market design.

Price signals in the power market

International Nuclear Information System (INIS)

2000-01-01

Which price signals should be given to the players in the power market to promote a socio-economic power supply in the short term and the long term? In a model with perfect competition, without problems involving delivery quality, and with free scalable capacity in both transmission and production, price signals that reflect marginal losses and shortage of transmission capacity are all that is needed. Stepwise investments create a need for measures that are specific to the situation. Price signals reflecting delivery reliability are probably too weak today. Market power may create a need for greater transmission capacity, but gives no reason for new price signals. Tariffs that reduce installed capacity weakens delivery quality and increases the probability of market power

Endurance Wind Power : practical insights into small wind

International Nuclear Information System (INIS)

Hicks, D.

2008-01-01

This presentation discussed practical issues related to purchasing and installing small wind turbines in Canada. Wind power capacity can be estimated by looking at provincial wind maps as well as by seeking wind data at local airports. Wind resources are typically measured at heights of between 20 meters and 50 m. The height of a wind turbine tower can significantly increase the turbine's wind generating capacity. Turbine rotors should always be placed 30 feet higher than obstacles within 500 feet. Many provinces have now mandated utilities to accept renewable energy resources from grid-connected wind energy plants. Net billing systems are used to determine the billing relationship between power-producing consumers and the utilities who will buy the excess power and sell it to other consumers. Utilities are not yet mandated to purchase excess power, and it is likely that federal and provincial legislation will be needed to ensure that net billing systems continue to grow. Many Canadian municipalities have no ordinances related to wind turbine placements. Consumers interested in purchasing small wind turbines should ensure that the turbine has been certified by an accredited test facility and has an adequate safety system. The noise of the turbine as well as its power performance in relation to the purchaser's needs must also be considered. It was concluded that small wind turbines can provide a means for electricity consumers to reduce their carbon footprint and hedge against the inflationary costs of fossil-fuelled energy resources. tabs., figs

Power System Operation with Large Scale Wind Power Integration

DEFF Research Database (Denmark)

Suwannarat, A.; Bak-Jensen, B.; Chen, Z.

2007-01-01

to the uncertain nature of wind power. In this paper, proposed models of generations and control system are presented which analyze the deviation of power exchange at the western Danish-German border, taking into account the fluctuating nature of wind power. The performance of the secondary control of the thermal......The Danish power system starts to face problems of integrating thousands megawatts of wind power, which produce in a stochastic behavior due to natural wind fluctuations. With wind power capacities increasing, the Danish Transmission System Operator (TSO) is faced with new challenges related...... power plants and the spinning reserves control from the Combined Heat and Power (CHP) units to achieve active power balance with the increased wind power penetration is presented....

Deregulated power prices: comparison of volatility

International Nuclear Information System (INIS)

Li Ying; Flynn, P.C.

2004-01-01

We examine electrical power price variability for 14 deregulated markets. Power price volatility is measured by price velocity, the daily average of the absolute value of price change per hour. Deregulated markets show a wide variability in price velocity. Some price velocity is expected and arises from the daily diurnal price pattern, which differs significantly between markets. Even when the expected daily variability in price is removed, the residual unexpected variability differs between markets. Some deregulated markets, most notably Britain and Spain, show patterns that are predictable and consistent and have low values of unexpected price velocity. These markets create a climate conducive to consumers facing the market through real time pricing and shaping consumption behaviors in response to price changes. Other markets, for example, South Australia and Alberta, have patterns that are inconsistent and irregular, and hence are hard for a customer to interpret; a customer in such a market will have a higher incentive to avoid demand side management and escape risk through hedging mechanisms

Offshore Wind Power

DEFF Research Database (Denmark)

Negra, Nicola Barberis

reliability models, and a new model that accounts for all relevant factors that influence the evaluations is developed. According to this representation, some simulations are performed and both the points of view of the wind farm owner and the system operator are evaluated and compared. A sequential Monte...... Carlo simulation is used for these calculations: this method, in spite of an extended computation time, has shown flexibility in performing reliability studies, especially in case of wind generation, and a broad range of results which can be evaluated. The modelling is then extended to the entire power......The aim of the project is to investigate the influence of wind farms on the reliability of power systems. This task is particularly important for large offshore wind farms, because failure of a large wind farm might have significant influence on the balance of the power system, and because offshore...

Dynamic Influences of Wind Power on The Power System

DEFF Research Database (Denmark)

Rosas, Pedro Andrè Carvalho

2004-01-01

between different wind turbines.Here the wind speed model is applied to a constant rotational speed wind turbine/farm, but the model is suit-able to variable speed wind turbine/farm as well. The cases presented here illustrate the influences of the wind power on the power systemquality and stability...... integration due to the low spatial correlation of the wind speed. The voltage quality analysed in a Brazilian power system and in the Nordel power system from connecting largeamount of wind power showed very small voltage variations. The frequency variations analysed from the Nordel showed also small varia...

Implications of environmental regulation and coal plant retirements in systems with large scale penetration of wind power

International Nuclear Information System (INIS)

Rahmani, Mohsen; Jaramillo, Paulina; Hug, Gabriela

2016-01-01

Over the last decade there have been a growing number of federal and state regulations aimed at controlling air emissions at power plants and/or increasing the penetration of renewable resources in the grid. Environmental Protection Agency regulations will likely lead to the retrofit, retirement, or replacement of coal-fired power plants while the state Renewable Portfolio Standards will continue to drive large-scale deployment of renewable energy sources, primarily wind. Combined, these changes in the generation fleet could have profound implications for the operations of the power system. In this paper, we aim to better understand the interaction between coal plant retirements and increased levels of wind power. We extensively analyze the operations of the PJM electricity system under a broad set of scenarios that include varying levels of wind penetration and coal plant retirements. Not surprisingly, we find that without transmission upgrades, retirement of coal-fired power plants will likely result in considerable transmission congestion and higher energy prices. Increased wind penetration, with high geographic diversity, could mitigate some of the negative effects of coal plant retirement and lead to a significant reduction in air emissions, but wind forecast error might impose operational constraints on the system at times of peak load. - Highlights: •Retirement of coal plants may increase transmission congestion and LMP prices. •EPA rules might lead to significant reductions in emission of air pollutants. •Wind geographical diversity may reduce transmission constraints and air emissions. •At times of high peak load, wind may not reduce system stress caused by retirement. •RPS policies can support and mitigate negative impacts of EPA regulations.

Assembling Markets for Wind Power

DEFF Research Database (Denmark)

Pallesen, Trine

hand, as an economic good, wind power is said to suffer from (techno-economic) ‘disabilities’, such as high costs, fluctuating and unpredictable generation, etc. Therefore, because of its performance as a good, it is argued that the survival of wind power in the market is premised on different......This project studies the making of a market for wind power in France. Markets for wind power are often referred to as ‘political markets: On the one hand, wind power has the potential to reduce CO2-emissions and thus stall the effects of electricity generation on climate change; and on the other...... instruments, some of which I will refer to as ‘prosthetic devices’. This thesis inquires into two such prosthetic devices: The feed-in tariff and the wind power development zones (ZDE) as they are negotiated and practiced in France, and also the ways in which they affect the making of markets for wind power....

How to correct long-term system externality of large scale wind power development by a capacity mechanism?

International Nuclear Information System (INIS)

Cepeda, Mauricio; Finon, Dominique

2013-04-01

This paper deals with the practical problems related to long-term security of supply in electricity markets in the presence of large-scale wind power development. The success of renewable promotion schemes adds a new dimension to ensuring long-term security of supply. It necessitates designing second-best policies to prevent large-scale wind power development from distorting long-run equilibrium prices and investments in conventional generation and in particular in peaking units. We rely upon a long-term simulation model which simulates electricity market players' investment decisions in a market regime and incorporates large-scale wind power development either in the presence of either subsidised wind production or in market-driven development. We test the use of capacity mechanisms to compensate for the long-term effects of large-scale wind power development on the system reliability. The first finding is that capacity mechanisms can help to reduce the social cost of large scale wind power development in terms of decrease of loss of load probability. The second finding is that, in a market-based wind power deployment without subsidy, wind generators are penalized for insufficient contribution to the long term system's reliability. (authors)

Hydropower planning coordinated with wind power in areas with congestion problems for trading on the spot and the regulating market

International Nuclear Information System (INIS)

Matevosyan, Julija; Olsson, Magnus; Soeder, Lennart

2009-01-01

In this paper a day-ahead planning algorithm for a multi-reservoir hydropower system coordinated with wind power is developed. Coordination applies to real situations, where wind power and hydropower are owned by different utilities, sharing the same transmission lines, though hydropower has priority for transmission capacity. Coordination is thus necessary to minimize wind energy curtailments during congestion situations. The planning algorithm accounts for the uncertainty of wind power forecasts and power market price uncertainty. Planning for the spot market and the regulating market is considered in the algorithm. The planning algorithm is applied to a case study and the results are summarized in the paper. (author)

Economy of wind power plants; In Denmark; Vindmoellers oekonomi

Energy Technology Data Exchange (ETDEWEB)

Nielsen, Per (EMD International, Aalborg (Denmark)); Lemming, J.; Morthorst, P.E.; Clausen, N.E.; Lawetz, H. (Risoe DTU, Roskilde (Denmark)); Lindboe, H.H.; James-Smith, E.; Bang, N.C. (EA analyse, Copenhagen (Denmark)); Stroem, S. (Vindmoelleindustrien, Frederiksberg (Denmark)); Larsen, J. (Danmarks Vindmoelleforening, AArhus (Denmark))

2010-02-15

This report provides a status on costs of wind energy projects at the end of 2009 including O and M costs based on statistics gathered from more than 250 operating turbines in Denmark with a capacity of 600 kW and up. The figures are applicable for Danish conditions; hence the findings of the project cannot be directly applied in other countries. The report contains data for both on- and offshore projects. The main findings regarding actual costs as well as expected future costs are available in English in Appendix 2. The index regulated price of turbines has increased by approx. 30% per MW over the past six years. It is, however, important to consider the change in size of a typical turbine in the same period. Larger rotors per MW as well as increased hub heights have increased production levels per installed MW. This has acted as a counterweight to increasing prices per installed MW. When costs per MWh are compared over the same period there has been no increase in production costs. However, for sites that cannot benefit from the larger turbines e.g. due to environmental impact reasons, the 30% cost increase is real. In the report, the results of a detailed cost calculator are presented, showing the effect of changes in specific power and hub height. O and M costs have been investigated in detail based on a large sample of data from turbines with a capacity of 600 kW and up. Some of these have been in operation for up to 14 years. It has been discovered that many turbines have had gearbox problems after 7 to 10 years of operation, causing significant additional costs over and above the normal operating costs. The four main cost components of O and M costs for wind turbines are repair, insurance, service agreement and administration/land rent. Each component represents around 25% of the total O and M costs. Expected lifetime average costs are round 1.2 Euro c/kWh. The expected cost of wind electricity has been calculated. This is not only determined by the local

Wind power merit-order and feed-in-tariffs effect: A variability analysis of the Spanish electricity market

International Nuclear Information System (INIS)

Azofra, D.; Jiménez, E.; Martínez, E.; Blanco, J.; Saenz-Díez, J.C.

2014-01-01

Highlights: • M5P algorithm-based model determines influence of wind power on Spanish spot market. • Assessment of the wind power influence for different levels of wind resource. • Cost-benefit analysis is developed, accounting feed-in-tariffs and merit order effect. • The worst and best levels of wind power production for the system are determined. - Abstract: The incipient large-scale energy-storage technologies are not sufficiently developed yet, which means that the wind power production depends on the wind speed at every moment. This, along with the fact that the wind resource is not constant over time, makes wind power production quite variable. Therefore, an artificial intelligence-based technique (M5P algorithm) is applied to empirical hourly data to determine the influence of wind power technology on the spot market for different levels of wind resource in 2012. It concludes that wind power depressed the spot prices between 7.42 and 10.94 €/MW h for a wind power production of 90% and 110% of the real one, respectively. Furthermore, taking into account the important presence of wind power in the Spanish generation mix, the above range has been extended up to 0% in order to determine the worst and best level of wind power production for the Spanish electrical system (from an economical point of view). To do so, both feed-in-tariffs and wind power impact on spot market (merit order effect) have been accounted in accordance with the different levels of wind power production. Since empirical data from 2012 have been used to conduct the research, the results presented in this paper may provide policy makers with a worst and best-case scenario to discuss about the convenience of the last cutting expenses over wind power technology in Spain

Opportunities for wind resources in the future competitive California power market

International Nuclear Information System (INIS)

Sezgen, O.; Marnay, C.; Bretz, S.; Markel, R.; Wiser, R.

1998-01-01

The goal of this work is to evaluate the profitability of wind development in the future competitive California power market. The viability of possible wind sites is assessed using a geographic information system (GIS) to determine the cost of development and Elfin, an electric utility production costing and capacity expansion model, to estimate the possible revenues and profits of wind farms at the sites. This approach improves on a simple profitability calculation by using site specific development cost calculations and by taking the effect of time varying market prices on revenues into account. The first component of the work is the characterization of wind resources suitable for use in production costing and capacity expansion models such as Elfin that are capable of simulating competitive electricity markets. An improved representation of California wind resources is built, using information collected by the California Energy Commission in previous site evaluations, and by using a GIS approach to estimating development costs at 36 specific sites. These sites, which have been identified as favorable for wind development, are placed on Digital Elevation Models and development costs are calculated based on distances to roads and transmission lines. GIS is also used to develop the potential capacity at each site by making use of the physical characteristics of the terrain, such as ridge lengths. In the second part of the effort, using a previously developed algorithm for simulating competitive entry to the California electricity market, Elfin is used to gauge the viability of wind farms at the 36 sites. The results of this exercise are forecasts of profitable development levels at each site and the effects of these developments on the electricity system as a whole. Results suggest that by the year 2030, about 7.5 GW of potential wind capacity can be profitably developed assuming rising natural gas prices. This example demonstrates that an analysis based on a

Contribution to the chapter on wind power in: Energy technology perspectives 2008, IEA

Energy Technology Data Exchange (ETDEWEB)

Lemming, J.; Morthorst, P.E.; Clausen, Niels-Erik; Hjuler Jensen, P.

2009-01-15

Over the last 5 years the growth rate in wind energy has been as high as 30% an on average nearly 25% in all continents, and a considerable number of countries have very ambitious goals concerning their wind energy development, therefore it could be likely to cover as much as 20% of the world's electricity consumption by wind in 2030 and 35% in 2050, although on the shorter term growth is expected to take place mainly in Europe, USA and China. The market is maturing, therefore achieving more stable economies in the wind energy sector. As a result, better electrical grids suited for wind power are being developed and better planning tools as well as other frameworks, which benefit the market for installation of wind turbines, are being implemented across all wind energy countries. The cost of wind-generated electricity has fallen steadily for the last two decades, driven largely by technological advances, increased production levels and the use of larger turbines. Between 1985 and 2005, production costs energy from of wind turbines decreased by nearly 100% in 2006 prices. The price rises seen in last three years due to capacity problems in the industry are expected to stop, once supply system constraints are overcome. Onshore wind is considered commercial at sites with good wind resources and grid access. Cost reductions in both turbines and infrastructure are expected to bring investment costs to 0.88 mill. Euro/MW in 2030 and 0.8 mill. Euro/MW in 2050. On the other hand, offshore wind is in pre-commercial development phase. Considerable costs improvements are expected in all areas making costs go down to 1. 4 mill. Euro/MW in 2030 and 1.3 mill. Euro/MW in 2050. Priority RD and D areas to foster continued growth in wind power are to increase the value and reduce uncertainties. This will mean further cost reductions on longer terms, enabling large-scale use by improved grid integration and storage facilities and minimizing environmental impact. (au)

Wind power today: 1999 Wind Energy program highlights

Energy Technology Data Exchange (ETDEWEB)

Weis-Taylor, Pat

2000-04-06

Wind Power Today is an annual publication that provides an overview for the Department of Energy's Wind Energy Program. The purpose of Wind Power Today is to show how DOE's Wind Energy Program supports wind turbine research and deployment in hopes of furthering the advancement of wind technologies that produce clean, low-cost, reliable energy for the 21st century. Content objectives include: Educate readers about the advantages and potential for widespread deployment of wind energy; explain DOE wind energy program objectives and goals; describe program accomplishments in research and application; examine the barriers to widespread deployment; describe benefits of continued research and development; facilitate technology transfer; attract cooperative wind energy projects with industry.

Trend in China's Wind Power

Institute of Scientific and Technical Information of China (English)

无

2009-01-01

@@ Attractive prospects for wind power development Sha Yiqiang:In recent years,the development and utilization of wind energy has achieved remarkable results.To the end of 2007,the installed capacity of the wind power had reached 94 000 MW all over the world,which is distributed over 60 countries.Over the past 20 years,the wind power generation installation cost has been reduced by 50% and is closing to that of the conventional energy resources.Meanwhile,the single unit capacity,efficiency and reliability of wind power have been greatly improved.

Economic Operation of Power Systems with Significant Wind Power Penetration

DEFF Research Database (Denmark)

Farashbashi-Astaneh, Seyed-Mostafa

This dissertation addresses economic operation of power systems with high penetration of wind power. Several studies are presented to address the economic operation of power systems with high penetration of variable wind power. The main concern in such power systems is high variability...... and unpredictability. Unlike conventional power plants, the output power of a wind farm is not controllable. This brings additional complexity to operation and planning of wind dominant power systems. The key solution in face of wind power uncertainty is to enhance power system flexibility. The enhanced flexibility......, cooperative wind-storage operation is studied. Lithium-Ion battery units are chosen as storage units. A novel formulation is proposed to investigate optimal operation of a storage unit considering power system balancing conditions and wind power imbalances. An optimization framework is presented to increase...

The influence of spatial effects on wind power revenues under direct marketing rules

Energy Technology Data Exchange (ETDEWEB)

Grothe, Oliver [Koeln Univ. (Germany). Dept. of Economic and Social Statistics; Muesgens, Felix [Brandenburgische Technische Univ. Cottbus (Germany). Lehrstuhl fuer Energiewirtschaft

2012-03-15

In many countries worldwide, investment in renewable technologies has been accelerated by the introduction of fixed feed-in tariffs for electricity from renewable energy sources (RES). While fixed tariffs accomplish this purpose, they lack incentives to align the RES production with price signals. Today, due to a growing proportion of renewable electricity, the intermittency of most RES increases the volatility of electricity prices and might even prevent market clearing. Therefore, support schemes for RES have to be modified. Recently, Germany launched a market premium model which gives wind power operators the monthly choice to either receive a fixed feed-in tariff or to risk a - subsided - access to the wholesale electricity market. This paper quantifies the revenues of wind turbines under this new model and, in particular, analyzes whether, when and where producers may profit. We find that the position of the wind turbine within the country significantly influences revenues. The results are of interest and importance for wind farm operators deciding whether electricity should be sold in the fixed tariff or in the wholesale market.

Integration of permanent magnet synchronous generator wind turbines into power grid

Science.gov (United States)

Abedini, Asghar

The world is seeing an ever-increasing demand for electrical energy. The future growth of electrical power generation needs to be a mix of technologies including fossil fuels, hydro, nuclear, wind, and solar. The federal and state energy agencies have taken several proactive steps to increase the share of renewable energy in the total generated electrical power. In 2005, 11.1% of the total 1060 GW electricity generation capacity was from Renewable Energy Sources (RES) in the US. The power capacity portfolio included 9.2% from hydroelectric, 0.87% from wind, and 0.7% from biomass. Other renewable power capacity included 2.8 GW of geothermal, 0.4 GW of solar thermal, and 0.2 GW of solar PV. Although the share of renewable energy sources is small compared with the total power capacity, they are experiencing a high and steady growth. The US is leading the world in wind energy growth with a 27% increase in 2006 and a projected 26% increase in 2007, according to the American Wind Energy Association (AWEA). The US Department of Energy benchmarked a goal to meet 5% of the nation's energy need by launching the Wind Powering America (WPA) program. Although renewable energy sources have many benefits, their utilization in the electrical grid does not come without cost. The higher penetration of RES has introduced many technical and non-technical challenges, including power quality, reliability, safety and protection, load management, grid interconnections and control, new regulations, and grid operation economics. RES such as wind and PV are also intermittent in nature. The energy from these sources is available as long as there is wind or sunlight. However, these are energies that are abundant in the world and the power generated from these sources is pollution free. Due to high price of foundation of wind farms, employing variable speed wind turbines to maximize the extracted energy from blowing wind is more beneficial. On the other hand, since wind power is intermittent

Integrating wind power in EU electricity systems. Economic and technical issues

International Nuclear Information System (INIS)

Van Werven, M.J.N.; Beurskens, L.W.M.; Pierik, J.T.G.

2005-02-01

In view of the ongoing process of liberalisation of the electricity market and the expected increase of wind power pursuant the RES-E Directive (Renewable Energy Sources - Electricity) and the need to minimise the costs of the RES-E targets, this study discusses the technical and economic impacts of integrating wind power into the electricity system. Furthermore, two options for reducing costs of intermittency are researched: forecasting of wind power output and electricity storage. An increasing penetration of wind power into the electricity system causes additional costs, partly due to the fact that the energy source of wind power is uncontrollable, variable (on the short term as well as on the longer term), and unpredictable (especially on the longer term). Consequently, balancing generation and demand becomes more complicated, creating a need for additional secondary and tertiary control. Although the sources of increasing costs are becoming more clearly understood, as are means to mitigate them, the quantification of costs of operating an electricity system with high wind penetration is very hard. Two possible options to reduce costs of intermittency are discussed in this report: forecasting of wind power output and electricity storage. The need for and benefit of wind energy forecasting have been increasingly recognised in recent years. Forecasting of wind power directs on increasing the predictability of the resource and improved forecasting can help to enhance the balancing of supply and demand. DG (distributed generation) operators can provide better information about their expected power output, energy suppliers can submit better estimates of electricity production to the TSO (Transmission System Operator), and system operators can improve network management through better information about expected power flows. Electricity storage systems can, at the same time, offer different services to a number of actors. Next to benefits that result from price

Wind Turbine Power Curve Design for Optimal Power Generation in Wind Farms Considering Wake Effect

Directory of Open Access Journals (Sweden)

Jie Tian

2017-03-01

Full Text Available In modern wind farms, maximum power point tracking (MPPT is widely implemented. Using the MPPT method, each individual wind turbine is controlled by its pitch angle and tip speed ratio to generate the maximum active power. In a wind farm, the upstream wind turbine may cause power loss to its downstream wind turbines due to the wake effect. According to the wake model, downstream power loss is also determined by the pitch angle and tip speed ratio of the upstream wind turbine. By optimizing the pitch angle and tip speed ratio of each wind turbine, the total active power of the wind farm can be increased. In this paper, the optimal pitch angle and tip speed ratio are selected for each wind turbine by the exhausted search. Considering the estimation error of the wake model, a solution to implement the optimized pitch angle and tip speed ratio is proposed, which is to generate the optimal control curves for each individual wind turbine off-line. In typical wind farms with regular layout, based on the detailed analysis of the influence of pitch angle and tip speed ratio on the total active power of the wind farm by the exhausted search, the optimization is simplified with the reduced computation complexity. By using the optimized control curves, the annual energy production (AEP is increased by 1.03% compared to using the MPPT method in a case-study of a typical eighty-turbine wind farm.

Wind power integration into the automatic generation control of power systems with large-scale wind power

Directory of Open Access Journals (Sweden)

Abdul Basit

2014-10-01

Full Text Available Transmission system operators have an increased interest in the active participation of wind power plants (WPP in the power balance control of power systems with large wind power penetration. The emphasis in this study is on the integration of WPPs into the automatic generation control (AGC of the power system. The present paper proposes a coordinated control strategy for the AGC between combined heat and power plants (CHPs and WPPs to enhance the security and the reliability of a power system operation in the case of a large wind power penetration. The proposed strategy, described and exemplified for the future Danish power system, takes the hour-ahead regulating power plan for generation and power exchange with neighbouring power systems into account. The performance of the proposed strategy for coordinated secondary control is assessed and discussed by means of simulations for different possible future scenarios, when wind power production in the power system is high and conventional production from CHPs is at a minimum level. The investigation results of the proposed control strategy have shown that the WPPs can actively help the AGC, and reduce the real-time power imbalance in the power system, by down regulating their production when CHPs are unable to provide the required response.

Wind power integration into the automatic generation control of power systems with large-scale wind power

DEFF Research Database (Denmark)

Basit, Abdul; Hansen, Anca Daniela; Altin, Müfit

2014-01-01

Transmission system operators have an increased interest in the active participation of wind power plants (WPP) in the power balance control of power systems with large wind power penetration. The emphasis in this study is on the integration of WPPs into the automatic generation control (AGC......) of the power system. The present paper proposes a coordinated control strategy for the AGC between combined heat and power plants (CHPs) and WPPs to enhance the security and the reliability of a power system operation in the case of a large wind power penetration. The proposed strategy, described...... and exemplified for the future Danish power system, takes the hour-ahead regulating power plan for generation and power exchange with neighbouring power systems into account. The performance of the proposed strategy for coordinated secondary control is assessed and discussed by means of simulations for different...