Wind as a price-maker and ancillary services provider in competitive electricity markets

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Title: Wind as a price-maker and ancillary services provider in competitive electricity markets
Authors: Troy, Niamh
Twohig, Sonya
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Date: Jul-2010
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.
Funding Details: Science Foundation Ireland
Other funder
Type of material: Conference Publication
Publisher: IEEE
Copyright (published version): 2010 IEEE
Keywords: Wind power generationPower system modelingMarket prices
Subject LCSH: Wind power--Ireland
Electric power production--Ireland
Electric power systems--Mathematical models
Electric power--Prices
DOI: 10.1109/PES.2010.5590007
Language: en
Status of Item: Not peer reviewed
Is part of: 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
Appears in Collections:ERC Research Collection
Electrical and Electronic Engineering Research Collection

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