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This paper studies the impact of wind generation on system costs and prices in Ireland. The need to mitigate climate change, achieve renewables energy targets, and use renewable sources of energy means that many countries are considering greater levels of wind generation in their power...
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Many governments who preside over liberalised energy markets are developing policies aimed at promoting investment in renewable generation whilst maintaining the level of security of supply customers have come to expect. Of particular interest is the mix and amount of generation investment over...
Persistent link: https://www.econbiz.de/10010699821
As wind power penetration grows, the amount of reserve needed on the system also grows, due to the increases in the uncertainty of wind power, which grows larger as forecast horizon increases. By scheduling the system more often the amount of extra reserve to be carried to cater for wind...
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The stochastic nature of wind alters the unit commitment and dispatch problem. By accounting for this uncertainty when scheduling the system, more robust schedules are produced, which should, on average, reduce expected costs. In this paper, the effects of stochastic wind and load on the unit...
Persistent link: https://www.econbiz.de/10009372534
With increasing amounts of power generation from intermittent sources like wind, transmission planning has not only to account for the expected load curve but also for the stochasticity of volatile power infeeds. Moreover investments in power generation are no longer centrally planned in...
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