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Valuing Wind Generation on Integrated Power Systems
 
 

Valuing Wind Generation on Integrated Power Systems, 1st Edition

 
Valuing Wind Generation on Integrated Power Systems, 1st Edition,Ken Dragoon,ISBN9780815520474
 
 
 

  

William Andrew

9780815520474

9781437778533

240

229 X 152

An essential guide for the analysts, consultants, engineers and regulators involved in the integration of wind generation into power systems, and the related economic modeling.

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Key Features

  •  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

Description

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

Readership

Power system analysts in utility companies and balancing authorities throughout the world

Ken Dragoon

Ken Dragoon is currently Research Director of Renewable Northwest Project in Portland, Oregon. He has more than 25 years in the electric utility industry with expertise in power system planning studies, resource valuation analysis, and renewable resource acquistion. He is the autor of several papers ranging from wind integration and streamflow forecasting to the relative capacity contribution of power plants. He holds a Master's degree in physics from the University of New Hampshire.

Valuing Wind Generation on Integrated Power Systems, 1st Edition

1. Introduction
2. Overview of System-Wide Impacts of Wind Generation on Power Systems
3. General Approaches to Valuing Wind on Power Systems
4. Developing Useful Wind Generation Data
5. Characterization of Wind in Generation Dispatch Models
6. Power System Incremental Reserve Requirements
7. Wind Forecasting
8. Power System Dispatch Models and Valuing Wind Generation
9. Wind Integration Costs
10. Wind Power Contribution to Meeting Peak Demand
11. Effects of Markets on Wind Integration Costs
12. Reducing Wind Integration Costs
13. Review of Selected Wind Integration Studies
14. Considerations for High Penetration Wind Systems
Bibliography
Index
 
 
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