Valuing Wind Generation On Integrated Power Systems
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Valuing Wind Generation on Integrated Power Systems
Wind powered generation is the fastest growing energy source in the United States due to a combination of economic incentives, public preference for renewable energy as expressed in government policies, competitive costs, and the need to address global warming. The economic consequences of the relative variability and lower predictability of wind generation are not easily captured in standard economic analyses performed by utility planners. This book provides utility analysts and regulators a guide to analyzing the value of wind generation in the context of modern power systems.Guiding the reader through the steps to understanding and valuing wind generation on modern power systems, this book approaches the issue from the various, current perspectives in the US. These include utilities that are still primarily vertically integrated power providers and systems dominated by independent system operators (ISOs). Outlined here are the basic procedures in a wind valuation study, described with enough detail so that analysts spanning a range of resources and sophistication can reasonably undertake a competent study. Descriptions of studies performed by other utilities are also provided, explaining their specific approaches to the fundamentals. Finally, it includes a short section on power systems that utilize relatively large fractions of wind, and how operating procedures and valuing techniques may need alteration to accommodate them.• Reviews operating challenges that large amounts of wind power present to power systems operators • Outlines alternative approaches to quantifying the systems services necessary to accommodate the wind • Explains how economic analyses of wind generation are competently performed • Describes how to represent wind generation in computer models commonly used by electric utility planners that may not be specifically designed to incorporate wind generation • Reviews methods used by some select utility companies around the United States • Touches on key European issues involving relatively high levels of wind generation • Written at the level of the utility planner, assuming a basic understanding of economic dispatch of generators and elementary statistics - Outlines the role of wind forecasting in wind valuation studies - Evaluates the importance of estimating wind generation to meet peak demand - Researches how the market structure effects the value of wind energy - Discusses power systems that utilize relatively large fractions of wind power - Highlights the operating procedures that can enhance the value of wind generation
Wind Power in Power Systems
Author: Thomas Ackermann
language: en
Publisher: John Wiley & Sons
Release Date: 2012-04-23
The second edition of the highly acclaimed Wind Power in Power Systems has been thoroughly revised and expanded to reflect the latest challenges associated with increasing wind power penetration levels. Since its first release, practical experiences with high wind power penetration levels have significantly increased. This book presents an overview of the lessons learned in integrating wind power into power systems and provides an outlook of the relevant issues and solutions to allow even higher wind power penetration levels. This includes the development of standard wind turbine simulation models. This extensive update has 23 brand new chapters in cutting-edge areas including offshore wind farms and storage options, performance validation and certification for grid codes, and the provision of reactive power and voltage control from wind power plants. Key features: Offers an international perspective on integrating a high penetration of wind power into the power system, from basic network interconnection to industry deregulation; Outlines the methodology and results of European and North American large-scale grid integration studies; Extensive practical experience from wind power and power system experts and transmission systems operators in Germany, Denmark, Spain, UK, Ireland, USA, China and New Zealand; Presents various wind turbine designs from the electrical perspective and models for their simulation, and discusses industry standards and world-wide grid codes, along with power quality issues; Considers concepts to increase penetration of wind power in power systems, from wind turbine, power plant and power system redesign to smart grid and storage solutions. Carefully edited for a highly coherent structure, this work remains an essential reference for power system engineers, transmission and distribution network operator and planner, wind turbine designers, wind project developers and wind energy consultants dealing with the integration of wind power into the distribution or transmission network. Up-to-date and comprehensive, it is also useful for graduate students, researchers, regulation authorities, and policy makers who work in the area of wind power and need to understand the relevant power system integration issues.
Valuing Wind Generation on Integrated Power Systems
Author: Ken Dragoon
language: en
Publisher: William Andrew Publishing
Release Date: 2010-11-05
Wind powered generation is the fastest growing energy source in the United States due to a combination of economic incentives, public preference for renewable energy as expressed in government policies, competitive costs, and the need to address global warming. The economic consequences of the relative variability and lower predictability of wind generation are not easily captured in standard economic analyses performed by utility planners. This book provides utility analysts and regulators a guide to analyzing the value of wind generation in the context of modern power systems. Guiding the reader through the steps to understanding and valuing wind generation on modern power systems, this book approaches the issue from the various, current perspectives in the US. These include utilities that are still primarily vertically integrated power providers and systems dominated by independent system operators (ISOs). Outlined here are the basic procedures in a wind valuation study, described with enough detail so that analysts spanning a range of resources and sophistication can reasonably undertake a competent study. Descriptions of studies performed by other utilities are also provided, explaining their specific approaches to the fundamentals. Finally, it includes a short section on power systems that utilize relatively large fractions of wind, and how operating procedures and valuing techniques may need alteration to accommodate them. OCo Reviews operating challenges that large amounts of wind power present to power systems operators OCo Outlines alternative approaches to quantifying the systems services necessary to accommodate the wind OCo Explains how economic analyses of wind generation are competently performed OCo Describes how to represent wind generation in computer models commonly used by electric utility planners that may not be specifically designed to incorporate wind generation OCo Reviews methods used by some select utility companies around the United States OCo Touches on key European issues involving relatively high levels of wind generation OCo Written at the level of the utility planner, assuming a basic understanding of economic dispatch of generators and elementary statistics "aOutlines the role of wind forecasting in wind valuation studiesEvaluates the importance of estimating wind generation to meet peak demandResearches how the market structure effects the value of wind energyaDiscusses power systems that utilize relatively large fractions of wind power Highlights the operating procedures that can enhance the value of wind generation"