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Wind Power Integration, Negative Prices and Power System Flexibility

Wind Power Integration, Negative Prices and Power System Flexibility PDF Author: Marco Nicolosi
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
This article analyses the flexibility of the German power market with respect to the integration of an increasing share of electricity from renewable energy sources. Flexibility limiting system components, which cause negative prices are explained and illustrated for the German market. Then, the decision of the European Energy Exchange in Leipzig (EEX) to allow negative price bids is explained. Empirical data show the flexibility of conventional generating capacities in Germany during the considered time frame from October 2008 until November 2009. Of the 71 hours with negative spot prices, ten hours were significantly negative with prices of at least -100€/MWh. These extreme hours are analysed in greater detail by the examination of the different system components. Thereby, load, wind power infeed and conventional generation by fuel type are observed as well as the market for negative tertiary reserve as indicators for market tightness. It will be shown that although the market situations were severe, under current conditions it could have been much worse under certain circumstances. Furthermore, the long-run implications of an increasing RES-E share on the conventional generation capacity are discussed. The article concludes with an outlook on additional power system flexibility options. -- Electricity markets ; negative prices ; renewable electricity integration ; wind power

Wind Power Integration, Negative Prices and Power System Flexibility

Wind Power Integration, Negative Prices and Power System Flexibility PDF Author: Marco Nicolosi
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
This article analyses the flexibility of the German power market with respect to the integration of an increasing share of electricity from renewable energy sources. Flexibility limiting system components, which cause negative prices are explained and illustrated for the German market. Then, the decision of the European Energy Exchange in Leipzig (EEX) to allow negative price bids is explained. Empirical data show the flexibility of conventional generating capacities in Germany during the considered time frame from October 2008 until November 2009. Of the 71 hours with negative spot prices, ten hours were significantly negative with prices of at least -100€/MWh. These extreme hours are analysed in greater detail by the examination of the different system components. Thereby, load, wind power infeed and conventional generation by fuel type are observed as well as the market for negative tertiary reserve as indicators for market tightness. It will be shown that although the market situations were severe, under current conditions it could have been much worse under certain circumstances. Furthermore, the long-run implications of an increasing RES-E share on the conventional generation capacity are discussed. The article concludes with an outlook on additional power system flexibility options. -- Electricity markets ; negative prices ; renewable electricity integration ; wind power

The Power of Transformation

The Power of Transformation PDF Author: International Energy Agency
Publisher:
ISBN: 9789264208032
Category : Technology & Engineering
Languages : en
Pages : 234

Book Description
Wind power and solar photovoltaics (PV) are crucial to meeting future energy needs while decarbonizing the power sector. Deployment of both technologies has expanded rapidly in recent years, one of the few bright spots in an otherwise bleak picture of clean energy progress. However, the inherent variability of wind power and solar PV raises unique and pressing questions. Can power systems remain reliable and cost-effective while supporting high shares of variable renewable energy (VRE)? And if so, how? Based on a thorough review of the integration challenge, this publication gauges the economic significance of VRE integration impacts, highlights the need for a system-wide approach to integrating high shares of VRE and recommends how to achieve a cost-effective transformation of the power system. This book summarizes the results of the third phase of the Grid Integration of VRE (GIVAR) project, undertaken by the IEA over the past two years. It is rooted in a set o

Impact of Generator Flexibility on Electric System Costs and Integration of Renewable Energy

Impact of Generator Flexibility on Electric System Costs and Integration of Renewable Energy PDF Author: D. Palchak
Publisher:
ISBN:
Category : Coal-fired power plants
Languages : en
Pages : 24

Book Description
Flexibility of traditional generators plays an important role in accommodating the increased variability and uncertainty of wind and solar on the electric power system. Increased flexibility can be achieved with changes to operational practices or upgrades to existing generation. One challenge is in understanding the value of increasing flexibility, and how this value may change given higher levels of variable generation. This study uses a commercial production cost model to measure the impact of generator flexibility on the integration of wind and solar generators. We use a system that is based on two balancing areas in the Western United States with a range of wind and solar penetrations between 15% and 60%, where instantaneous penetration of wind and solar is limited to 80%.

Harnessing Variable Renewables

Harnessing Variable Renewables PDF Author: Organisation for Economic Co-operation and Development
Publisher: Organization for Economic Co-Operation & Developme
ISBN:
Category : Business & Economics
Languages : en
Pages : 234

Book Description
Power systems must be actively managed to maintain a steady balance between supply and demand. This is already a complex task as demand varies continually. But what happens when supply becomes more variable and less certain, as with some renewable sources of electricity like wind and solar PV that fluctuate with the weather? to what extent can the resources that help power systems cope with the challenge of variability in demand also be applied to variability of supply? How large are these resources? and what share of electricity supply from variable renewables can they make possible? There is no one-size-fits-all answer. the ways electricity is produced, transported and consumed around the world exhibit great diversity. Grids can cross borders, requiring co-ordinated international policy, or can be distinct within a single country or region. and whether found in dispatchable power plants, storage facilities, interconnections for trade or on the demand side, the flexible resource that ensures the provision of reliable power in the face of uncertainty likewise differs enormously. Written for decision makers, Harnessing Variable Renewables: a Guide to the Balancing Challenge sheds light on managing power systems with large shares of variable renewables. It presents a new, step-by-step approach developed by the IEA to assess the flexibility of power systems, which identifies the already present resources that could help meet the twin challenges of variability and uncertainty.

Integrating Renewables in Electricity Markets

Integrating Renewables in Electricity Markets PDF Author: Juan M. Morales
Publisher: Springer Science & Business Media
ISBN: 1461494117
Category : Business & Economics
Languages : en
Pages : 434

Book Description
This addition to the ISOR series addresses the analytics of the operations of electric energy systems with increasing penetration of stochastic renewable production facilities, such as wind- and solar-based generation units. As stochastic renewable production units become ubiquitous throughout electric energy systems, an increasing level of flexible backup provided by non-stochastic units and other system agents is needed if supply security and quality are to be maintained. Within the context above, this book provides up-to-date analytical tools to address challenging operational problems such as: • The modeling and forecasting of stochastic renewable power production. • The characterization of the impact of renewable production on market outcomes. • The clearing of electricity markets with high penetration of stochastic renewable units. • The development of mechanisms to counteract the variability and unpredictability of stochastic renewable units so that supply security is not at risk. • The trading of the electric energy produced by stochastic renewable producers. • The association of a number of electricity production facilities, stochastic and others, to increase their competitive edge in the electricity market. • The development of procedures to enable demand response and to facilitate the integration of stochastic renewable units. This book is written in a modular and tutorial manner and includes many illustrative examples to facilitate its comprehension. It is intended for advanced undergraduate and graduate students in the fields of electric energy systems, applied mathematics and economics. Practitioners in the electric energy sector will benefit as well from the concepts and techniques explained in this book.

Renewable Energy Integration

Renewable Energy Integration PDF Author: Lawrence E. Jones
Publisher: Academic Press
ISBN: 0124081223
Category : Business & Economics
Languages : en
Pages : 529

Book Description
Renewable Energy Integration is a ground-breaking new resource - the first to offer a distilled examination of the intricacies of integrating renewables into the power grid and electricity markets. It offers informed perspectives from internationally renowned experts on the challenges to be met and solutions based on demonstrated best practices developed by operators around the world. The book's focus on practical implementation of strategies provides real-world context for theoretical underpinnings and the development of supporting policy frameworks. The book considers a myriad of wind, solar, wave and tidal integration issues, thus ensuring that grid operators with low or high penetration of renewable generation can leverage the victories achieved by their peers. Renewable Energy Integration highlights, carefully explains, and illustrates the benefits of advanced technologies and systems for coping with variability, uncertainty, and flexibility. Lays out the key issues around the integration of renewables into power grids and markets, from the intricacies of operational and planning considerations, to supporting regulatory and policy frameworks Provides global case studies that highlight the challenges of renewables integration and present field-tested solutions Illustrates enabling and disruptive technologies to support the management of variability, uncertainty and flexibility

Wind Power Integration

Wind Power Integration PDF Author: Brendan Fox
Publisher: IET
ISBN: 0863414494
Category : Science
Languages : en
Pages : 290

Book Description
This essential book examines the main problems of wind power integration and guides the reader through a number of the most recent solutions based on current research and operational experience of wind power integration.

Wind Power in Power Systems

Wind Power in Power Systems PDF Author: Thomas Ackermann
Publisher: John Wiley & Sons
ISBN: 111994208X
Category : Technology & Engineering
Languages : en
Pages : 1132

Book Description
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.

Harnessing Demand Flexibility to Minimize Cost, Facilitate Renewable Integration, and Provide Ancillary Services

Harnessing Demand Flexibility to Minimize Cost, Facilitate Renewable Integration, and Provide Ancillary Services PDF Author: Mahdi Kefayati
Publisher:
ISBN:
Category :
Languages : en
Pages : 436

Book Description
Renewable energy is key to a sustainable future. However, the intermittency of most renewable sources and lack of sufficient storage in the current power grid means that reliable integration of significantly more renewables will be a challenging task. Moreover, increased integration of renewables not only increases uncertainty, but also reduces the fraction of traditional controllable generation capacity that is available to cope with supply-demand imbalances and uncertainties. Less traditional generation also means less rotating mass that provides very short term, yet very important, kinetic energy storage to the system and enables mitigation of the frequency drop subsequent to major contingencies but before controllable generation can increase production. Demand, on the other side, has been largely regarded as non-controllable and inelastic in the current setting. However, there is strong evidence that a considerable portion of the current and future demand, such as electric vehicle load, is flexible. That is, the instantaneous power delivered to it needs not to be bound to a specific trajectory. In this thesis, we focus on harnessing demand flexibility as a key to enabling more renewable integration and cost reduction. We start with a data driven analysis of the potential of flexible demands, particularly plug-in electric vehicle (PEV) load. We first show that, if left unmanaged, these loads can jeopardize grid reliability by exacerbating the peaks in the load profile and increasing the negative correlation of demand with wind energy production. Then, we propose a simple local policy with very limited information and minimal coordination that besides avoiding undesired effects, has the positive side-effect of substantially increasing the correlation of flexible demand with wind energy production. Such local policies could be readily implemented as modifications to existing "grid friendly" charging modes of plug-in electric vehicles. We then propose improved localized charging policies that counter balance intermittency by autonomously responding to frequency deviations from the nominal frequency and show that PEV load can offer a substantial amount of such ancillary services. Next, we consider the case where real-time prices are employed to provide incentives for demand response. We consider a flexible load under such a pricing scheme and obtain the optimal policy for responding to stochastic price signals to minimize the expected cost of energy. We show that this optimal policy follows a multi-threshold form and propose a recursive method to obtain these thresholds. We then extend our results to obtain optimal policies for simultaneous energy consumption and ancillary service provision by flexible loads as well as optimal policies for operation of storage assets under similar real-time stochastic prices. We prove that the optimal policy in all these cases admits a computationally efficient form. Moreover, we show that while optimal response to prices reduces energy costs, it will result in increased volatility in the aggregate demand which is undesirable. We then discuss how aggregation of flexible loads can take us a step further by transforming the loads to controllable assets that help maintain grid reliability by counterbalancing the intermittency due to renewables. We explore the value of load flexibility in the context of a restructured electricity market. To this end, we introduce a model that economically incentivizes the load to reveal its flexibility and provides cost-comfort trade-offs to the consumers. We establish the performance of our proposed model through evaluation of the price reductions that can be provided to the users compared to uncontrolled and uncoordinated consumption. We show that a key advantage of aggregation and coordination is provision of "regulation" to the system by load, which can account for a considerable price reduction. The proposed scheme is also capable of preventing distribution network overloads. Finally, we extend our flexible load coordination problem to a multi-settlement market setup and propose a stochastic programming approach in obtaining day-ahead market energy purchases and ancillary service sales. Our work demonstrates the potential of flexible loads in harnessing renewables by affecting the load patterns and providing mechanisms to mitigate the inherent intermittency of renewables in an economically efficient manner.

Future of wind

Future of wind PDF Author: International Renewable Energy Agency IRENA
Publisher: International Renewable Energy Agency (IRENA)
ISBN: 9292601970
Category : Technology & Engineering
Languages : en
Pages : 161

Book Description
This study presents options to speed up the deployment of wind power, both onshore and offshore, until 2050. It builds on IRENA’s global roadmap to scale up renewables and meet climate goals.