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Wind energy is currently one of the types of renewable energy with a large generation capacity. However, since the operation of wind power generation is challenging due to its intermittent characteristics, forecasting wind power generation efficiently is essential for economic operation. This...
Persistent link: https://www.econbiz.de/10010807443
In this paper, wind power generators are being incorporated in the multiobjective economic emission dispatch problem which minimizes wind-thermal electrical energy cost and emissions produced by fossil-fueled power plants, simultaneously. Large integration of wind energy sources necessitates an...
Persistent link: https://www.econbiz.de/10010809039
In this paper, we investigate the representation of wind power forecasting (WPF) uncertainty in the unit commitment (UC) problem. While deterministic approaches use a point forecast of wind power output, WPF uncertainty in the stochastic UC alternative is captured by a number of scenarios that...
Persistent link: https://www.econbiz.de/10010576368
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...
Persistent link: https://www.econbiz.de/10011047352
Persistent link: https://www.econbiz.de/10011536701
An argument sometimes used to support renewable energy is that it may contribute to job creation. On the other hand, these technologies often face local opposition. On the case of Denmark, the country with the longest experience with wind power, the authors examine whether the installation of...
Persistent link: https://www.econbiz.de/10013464280
This study sheds light on how recombination of different kinds of knowledge changes along the technology life cycle. From a theoretical point of view, the cyclical technology life cycle model is extended to account for the influence of recombination of different kinds of knowledge in the...
Persistent link: https://www.econbiz.de/10014504270
The investment decision on the placement of wind turbines is, neglecting legal formalities, mainly driven by the aim to maximize the expected annual energy production of single turbines. The result is a concentration of wind farms at locations with high average wind speed. While this strategy...
Persistent link: https://www.econbiz.de/10010312756
Control power (regulating power, balancing power) is used to quickly restore the supply-demand balance in power systems. Variable renewable energy sources (VRE) such as wind and solar power are often thought to increase the reserve requirement significantly. This paper provides a comprehensive...
Persistent link: https://www.econbiz.de/10010313215
An important challenge facing many deregulated electricity markets is dealing with the increasing penetration of intermittent generation. Simulation studies have pointed to the advantages of trading closer to real-time with large amounts of intermittent generation. Using Danish data, I show...
Persistent link: https://www.econbiz.de/10010320365