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 language | English |
|---|---|
| Title of host publication | Proceedings |
| Subtitle of host publication | IEEE Power and Energy Society General Meeting, PES 2012 |
| Publisher | IEEE Institute of Electrical and Electronic Engineers |
| ISBN (Electronic) | 978-1-4673-2729-9 |
| ISBN (Print) | 978-1-4673-2727-5 |
| DOIs | |
| Publication status | Published - 2012 |
| MoE publication type | Not Eligible |
| Event | IEEE Power and Energy Society General Meeting, PES 2012 - San Diego, United States Duration: 22 Jul 2012 → 26 Jul 2012 |
Conference
| Conference | IEEE Power and Energy Society General Meeting, PES 2012 |
|---|---|
| Abbreviated title | PES 2012 |
| Country/Territory | United States |
| City | San Diego |
| Period | 22/07/12 → 26/07/12 |
Keywords
- Electricity markets
- solar energy
- solar integration
- wind energy
- wind integration
