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Alternative Approaches to Calculate Benefits of an Energy Imbalance Market with Wind and Solar Energy

Alternative Approaches to Calculate Benefits of an Energy Imbalance Market with Wind and Solar Energy PDF Author: Brendan Kirby
Publisher:
ISBN:
Category : Distributed resources (Electric utilities)
Languages : en
Pages : 19

Book Description
The anticipated increase in variable generation in the Western Interconnection over the next several years has raised concerns about how to maintain system balance, especially in smaller Balancing Authority Areas (BAAs). Given renewable portfolio standards in the West, it is possible that more than 50 gigawatts of wind capacity will be installed by 2020. Significant quantities of solar generation are likely to be added as well. The consequent increase in variability and uncertainty that must be managed by the conventional generation fleet and responsive loads has resulted in a proposal for an Energy Imbalance Market (EIM). This paper extends prior work to estimate the reserve requirements for regulation, spinning, and non-spinning reserves with and without the EIM. We also discuss alternative approaches to allocating reserve requirements and show that some apparently attractive allocation methods have undesired consequences.

Alternative Approaches to Calculate Benefits of an Energy Imbalance Market with Wind and Solar Energy

Alternative Approaches to Calculate Benefits of an Energy Imbalance Market with Wind and Solar Energy PDF Author: Brendan Kirby
Publisher:
ISBN:
Category : Distributed resources (Electric utilities)
Languages : en
Pages : 19

Book Description
The anticipated increase in variable generation in the Western Interconnection over the next several years has raised concerns about how to maintain system balance, especially in smaller Balancing Authority Areas (BAAs). Given renewable portfolio standards in the West, it is possible that more than 50 gigawatts of wind capacity will be installed by 2020. Significant quantities of solar generation are likely to be added as well. The consequent increase in variability and uncertainty that must be managed by the conventional generation fleet and responsive loads has resulted in a proposal for an Energy Imbalance Market (EIM). This paper extends prior work to estimate the reserve requirements for regulation, spinning, and non-spinning reserves with and without the EIM. We also discuss alternative approaches to allocating reserve requirements and show that some apparently attractive allocation methods have undesired consequences.

Electricity Markets with Increasing Levels of Renewable Generation: Structure, Operation, Agent-based Simulation, and Emerging Designs

Electricity Markets with Increasing Levels of Renewable Generation: Structure, Operation, Agent-based Simulation, and Emerging Designs PDF Author: Fernando Lopes
Publisher: Springer
ISBN: 3319742639
Category : Technology & Engineering
Languages : en
Pages : 342

Book Description
This book describes the common ground between electricity markets (EMs) and software agents (or artificial intelligence generally). It presents an up-to-date introduction to EMs and intelligent agents, and offers a comprehensive description of the research advances and key achievements related to existing and emerging market designs to reliably and efficiently manage the potential challenges of variable generation (VG). Most EMs are unique in their complex relationships between economics and the physics of energy, but were created without the notion that large penetrations of variable generation (VG) would be part of the supply mix. An advanced multi-agent approach simulates the behavior of power markets over time, particularly markets with large-scale penetrations of renewable resources. It is intended as a reference book for researchers, academics and industry practitioners, but given the scope of the chapters and the highly accessible style, the book also provides a coherent foundation for several different graduate courses.

A Manual for the Economic Evaluation of Energy Efficiency and Renewable Energy Technologies

A Manual for the Economic Evaluation of Energy Efficiency and Renewable Energy Technologies PDF Author: Walter Short
Publisher:
ISBN: 9781410221056
Category : Business & Economics
Languages : en
Pages : 96

Book Description
A Manual for the Economic Evaluation of Energy Efficiency and Renewable Energy Technologies provides guidance on economic evaluation approaches, metrics, and levels of detail required, while offering a consistent basis on which analysts can perform analyses using standard assumptions and bases. It not only provides information on the primary economic measures used in economic analyses and the fundamentals of finance but also provides guidance focused on the special considerations required in the economic evaluation of energy efficiency and renewable energy systems.

The Economics of Wind Energy

The Economics of Wind Energy PDF Author:
Publisher: EWEA
ISBN:
Category : Offshore wind power plants
Languages : en
Pages : 156

Book Description


KI 2011: Advances in Artificial Intelligence

KI 2011: Advances in Artificial Intelligence PDF Author: Joscha Bach
Publisher: Springer
ISBN: 3642244556
Category : Computers
Languages : en
Pages : 382

Book Description
This book constitutes the refereed proceedings of the 34th Annual German Conference on Artificial Intelligence, KI 2011, held in Berlin, Germany, in October 2011. The 32 revised full papers presented together with 3 invited talks were carefully reviewed and selected from 81 submissions. The papers are divided in topical sections on computational learning and datamining, knowledge representation and reasonings, augmented reality, swarm intelligence; and planning and scheduling.

Future of solar photovoltaic

Future of solar photovoltaic PDF Author: International Renewable Energy Agency IRENA
Publisher: International Renewable Energy Agency (IRENA)
ISBN: 9292601989
Category : Technology & Engineering
Languages : en
Pages : 153

Book Description
This study presents options to fully unlock the world’s vast solar PV potential over the period until 2050. It builds on IRENA’s global roadmap to scale up renewables and meet climate goals.

Wind Energy Explained

Wind Energy Explained PDF Author: James F. Manwell
Publisher: John Wiley & Sons
ISBN: 9780470686287
Category : Technology & Engineering
Languages : en
Pages : 704

Book Description
Wind energy’s bestselling textbook- fully revised. This must-have second edition includes up-to-date data, diagrams, illustrations and thorough new material on: the fundamentals of wind turbine aerodynamics; wind turbine testing and modelling; wind turbine design standards; offshore wind energy; special purpose applications, such as energy storage and fuel production. Fifty additional homework problems and a new appendix on data processing make this comprehensive edition perfect for engineering students. This book offers a complete examination of one of the most promising sources of renewable energy and is a great introduction to this cross-disciplinary field for practising engineers. “provides a wealth of information and is an excellent reference book for people interested in the subject of wind energy.” (IEEE Power & Energy Magazine, November/December 2003) “deserves a place in the library of every university and college where renewable energy is taught.” (The International Journal of Electrical Engineering Education, Vol.41, No.2 April 2004) “a very comprehensive and well-organized treatment of the current status of wind power.” (Choice, Vol. 40, No. 4, December 2002)

Wind Vision

Wind Vision PDF Author: U. S. Department U.S. Department of Energy
Publisher: CreateSpace
ISBN: 9781508860549
Category :
Languages : en
Pages : 46

Book Description
This book provides a detailed roadmap of technical, economic, and institutional actions by the wind industry, the wind research community, and others to optimize wind's potential contribution to a cleaner, more reliable, low-carbon, domestic energy generation portfolio, utilizing U.S. manu-facturing and a U.S. workforce. The roadmap is intended to be the beginning of an evolving, collaborative, and necessarily dynamic process. It thus suggests an approach of continual updates at least every two years, informed by its analysis activities. Roadmap actions are identified in nine topical areas, introduced below.

Renewable Energy and Jobs – Annual Review 2020

Renewable Energy and Jobs – Annual Review 2020 PDF Author: International Renewable Energy Agency IRENA
Publisher: International Renewable Energy Agency (IRENA)
ISBN: 9292602667
Category : Technology & Engineering
Languages : en
Pages : 96

Book Description
The sixth edition of the series highlights employment trends in renewables worldwide, noting increasing diversification of the supply chain.

Handbook on Battery Energy Storage System

Handbook on Battery Energy Storage System PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292614711
Category : Technology & Engineering
Languages : en
Pages : 123

Book Description
This handbook serves as a guide to deploying battery energy storage technologies, specifically for distributed energy resources and flexibility resources. Battery energy storage technology is the most promising, rapidly developed technology as it provides higher efficiency and ease of control. With energy transition through decarbonization and decentralization, energy storage plays a significant role to enhance grid efficiency by alleviating volatility from demand and supply. Energy storage also contributes to the grid integration of renewable energy and promotion of microgrid.