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Wind as a price-maker and ancillary services provider in competitive electricity markets
Author(s)
Date Issued
2010-07
Date Available
2011-10-18T16:04:45Z
Abstract
Electricity markets are currently evolving to accommodate large scale penetration of wind generation. In this research, potential changes to the classification and role of wind
generators in the Single Electricity Market (SEM), the market for Northern Ireland and the Republic of Ireland, are examined. The
effect of wind generators opting to become price-making and the potential for wind generators to provide positive spinning reserve is investigated. By submitting bids for available generation, pricemaking wind generators can increase their revenues from the market and influence the average electricity price. Results also
show reduced emissions and systems costs arise in allowing wind to provide spinning reserve.
generators in the Single Electricity Market (SEM), the market for Northern Ireland and the Republic of Ireland, are examined. The
effect of wind generators opting to become price-making and the potential for wind generators to provide positive spinning reserve is investigated. By submitting bids for available generation, pricemaking wind generators can increase their revenues from the market and influence the average electricity price. Results also
show reduced emissions and systems costs arise in allowing wind to provide spinning reserve.
Sponsorship
Science Foundation Ireland
Other funder
Other Sponsorship
Charles Parsons Energy Research Awards
Type of Material
Conference Publication
Publisher
IEEE
Copyright (Published Version)
2010 IEEE
Subject – LCSH
Wind power--Ireland
Electric power production--Ireland
Electric power systems--Mathematical models
Electric power--Prices
Web versions
Language
English
Status of Item
Not peer reviewed
Journal
2010 IEEE Power and Energy Society General Meeting [proceedings]
Conference Details
IEEE Power and Energy Society (PES) 2010 General Meeting, July 25-29 2010, Minneapolis, Minnesota
ISBN
978-1-4244-6549-1
This item is made available under a Creative Commons License
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Troy, N. Twohig, S wind as a price maker and ancillary service provider in.pdf
Size
462.2 KB
Format
Adobe PDF
Checksum (MD5)
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