Market structures to enable efficient wind and solar power integration

M. Milligan, Hannele Holttinen, L. Soder, C. Clark

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

3 Citations (Scopus)

Abstract

The development of large amounts of wind and/or solar energy will have an impact on bulk electricity markets. These variable generation sources increase the level of variability and uncertainty that the power system operator must manage. In this paper we discuss the impact that electricity markets have on the wind producer, using examples from the Nordic system. We also describe two market structures that will help induce both the needed flexibility, whether from generation or load, and sufficient capacity. We also provide some general guidelines for market design and simple tests that can help identify how a proposed market would function. We close with suggestions for future research
Original languageEnglish
Title of host publicationProceedings
Subtitle of host publicationIEEE Power and Energy Society General Meeting, PES 2012
PublisherInstitute of Electrical and Electronic Engineers IEEE
ISBN (Electronic)978-1-4673-2729-9
ISBN (Print)978-1-4673-2727-5
DOIs
Publication statusPublished - 2012
MoE publication typeNot Eligible
EventIEEE Power and Energy Society General Meeting, PES 2012 - San Diego, United States
Duration: 22 Jul 201226 Jul 2012

Conference

ConferenceIEEE Power and Energy Society General Meeting, PES 2012
Abbreviated titlePES 2012
CountryUnited States
CitySan Diego
Period22/07/1226/07/12

Fingerprint

Solar energy
Wind power
Power markets
Uncertainty

Keywords

  • Electricity markets
  • solar energy
  • solar integration
  • wind energy
  • wind integration

Cite this

Milligan, M., Holttinen, H., Soder, L., & Clark, C. (2012). Market structures to enable efficient wind and solar power integration. In Proceedings: IEEE Power and Energy Society General Meeting, PES 2012 [6345591] Institute of Electrical and Electronic Engineers IEEE. https://doi.org/10.1109/PESGM.2012.6345591
Milligan, M. ; Holttinen, Hannele ; Soder, L. ; Clark, C. / Market structures to enable efficient wind and solar power integration. Proceedings: IEEE Power and Energy Society General Meeting, PES 2012. Institute of Electrical and Electronic Engineers IEEE, 2012.
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Milligan, M, Holttinen, H, Soder, L & Clark, C 2012, Market structures to enable efficient wind and solar power integration. in Proceedings: IEEE Power and Energy Society General Meeting, PES 2012., 6345591, Institute of Electrical and Electronic Engineers IEEE, IEEE Power and Energy Society General Meeting, PES 2012, San Diego, United States, 22/07/12. https://doi.org/10.1109/PESGM.2012.6345591

Market structures to enable efficient wind and solar power integration. / Milligan, M.; Holttinen, Hannele; Soder, L.; Clark, C.

Proceedings: IEEE Power and Energy Society General Meeting, PES 2012. Institute of Electrical and Electronic Engineers IEEE, 2012. 6345591.

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

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Milligan M, Holttinen H, Soder L, Clark C. Market structures to enable efficient wind and solar power integration. In Proceedings: IEEE Power and Energy Society General Meeting, PES 2012. Institute of Electrical and Electronic Engineers IEEE. 2012. 6345591 https://doi.org/10.1109/PESGM.2012.6345591