Wind, Storage, Interconnection and the Cost of Electricity Generation
نویسندگان
چکیده
منابع مشابه
Managing Wind-based Electricity Generation and Storage
Among the many issues that profoundly affect the world economy every day, energy is one of the most prominent. Countries such as the U.S. strive to reduce reliance on the import of fossil fuels, and to meet increasing electricity demand without harming the environment. Two of the most promising solutions for the energy issue are to rely on renewable energy, and to develop efficient electricity ...
متن کاملManaging Wind-based Electricity Generation with Storage and Transmission Capacity
In the past decade wind-based electricity generation has grown rapidly, and is likely to grow even more in the future. Since generation sites—wind farms—tend to be remote, they require transmission lines to transport electricity to markets. These wind farms can be augmented by co-locating them with an electricity storage facility, for example, an industrial battery. This storage facility enable...
متن کاملManaging Wind-based Electricity Generation in the Presence of Storage and Transmission Capacity
Managing power generation from wind is conceptually straightforward: generate and sell as much electricity as possible when prices are positive, and do nothing otherwise. However, this strategy leads to curtailment when wind energy exceeds the transmission capacity or when prices are negative, and possible revenue dilution when current prices are low but are expected to increase in the future. ...
متن کاملEvaluation of wind energy investment interest and electricity generation cost analysis for Turkey
Turkey has remarkable wind energy potential, but its utilisation rate is very low. However, in 2007, energy investors applied to the Energy Market Regulatory Authority (EMRA) with 751 wind projects to obtain a 78180.2 MW wind power plant license. This paper first presents an overview of wind energy development in the world and then reviews related situations in Turkey. Second, to motivate the i...
متن کاملMinimising costs and variability of electricity generation by means of optimal electricity interconnection utilisation
We examine the payoffs to electrical interconnection between isolated systems considering minimisation of both costs and variability. We demonstrate that optimal interconnection portfolios cannot be derived analytically and must be simulated numerically. We present a mixed-integer linear programme which maximises payoff to interconnection and simulates the operation of stylised electricity syst...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2017
ISSN: 1556-5068
DOI: 10.2139/ssrn.2926875