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
PublisherIEEE Institute of Electrical and Electronic Engineers
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

Keywords

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

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  • 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] IEEE Institute of Electrical and Electronic Engineers. https://doi.org/10.1109/PESGM.2012.6345591