Impact of Wind Speed Variability on the Economics of Wind Power Generation Considering the Curtailment

Young Gyu Jin

doi:10.15866/iree.v16i3.19783

Impact of Wind Speed Variability on the Economics of Wind Power Generation Considering the Curtailment

Young Gyu Jin^(1*)

^(*) Corresponding author

Authors' affiliations

DOI: https://doi.org/10.15866/iree.v16i3.19783

Abstract

Like other renewable energy sources, it is unavoidable that the amount of Wind Power Generation (WPG) is greatly affected by weather conditions, particularly by wind speed. Additionally, the curtailment of WPG is likely to occur due to the increase in WPG over customer demand. However, it has not been sufficiently addressed from the perspective of economics what happens if the wind speed and the curtailment limit the WPG. Thus, in this study, the impact of wind speed variability on the economics of WPG is quantitatively analyzed considering the curtailment of WPG. For this purpose, the concepts of Effective Capacity Factor (ECF) and excess capacity of WPG are defined and used as practical metrics for evaluating the economics of WPG considering the curtailment. Further, it is examined how much the Battery Energy Storage System (BESS) can reduce the curtailment and improve the economics of WPG. The simulations are performed with the selected data on the wind speed distribution, wind turbine, and customer demand. The simulation results show that the increase in the wind speed variability deteriorates the economics of WPG by increasing the curtailment of WPG and the BESS may improve the economics by reducing the curtailment.
Copyright © 2021 Praise Worthy Prize - All rights reserved.

Keywords

Wind Speed Variability; Economic Analysis; Curtailment; Capacity Factor; BESS

Full Text:

PDF

References

Global Wind Energy Council, Global Wind Report-Annual Market Update 2019 (GWEC, 2019).
Available: https://gwec.net/global-wind-report-2019

International Renewable Energy Agency, Renewable Power Generation Costs in 2019 (IRENA, 2020). Available:
https://www.irena.org/publications/2020/Jun/Renewable-Power-Costs-in-2019

D. Hdidouan, I. Staffell, The impact of climate change on the levelised cost of wind energy, Renewable Energy, vol. 101, 2017, pp. 575–592.
https://doi.org/10.1016/j.renene.2016.09.003

D. Carvalho, A. Rocha, M. Gómez-Gesteira, C. Silva Santos, Potential impacts of climate change on European wind energy resource under the CMIP5 future climate projections, Renewable Energy, vol. 101, 2017, pp. 29–40.
https://doi.org/10.1016/j.renene.2016.08.036

R. Davy, N. Gnatiuk, L. Pettersson, L. Bobylev, Climate change impacts on wind energy potential in the European domain with a focus on the Black Sea, Renewable and Sustainable Energy Reviews, vol. 81, 2018, pp. 1652–1659.
https://doi.org/10.1016/j.rser.2017.05.253

Y. Gao, S. Ma, T. Wang, The impact of climate change on wind power abundance and variability in China, Energy, vol. 189, 2019, 118215.
https://doi.org/10.1016/j.energy.2019.116215

J.M. Garrido-Perez et al., Impact of weather regimes on wind power variability in western Europe, Applied Energy, vol. 264, 2020, 114731.
https://doi.org/10.1016/j.apenergy.2020.114731

M. Ohba, The Impact of Global Warming on Wind Energy Resources and Ramp Events in Japan, Atmosphere, vol. 10, 2019, 265.
https://doi.org/10.3390/atmos10050265

C. Rosende, E. Sauma, G.P. Sauma, Effect of Climate Change on wind speed and its impact on optimal power system expansion planning: The case of Chile, Energy Economics, vol. 80, 2019, pp. 434–451.
https://doi.org/10.1016/j.eneco.2019.01.012

J. Peter, How does climate change affect electricity system planning and optimal allocation of variable renewable energy?, Applied Energy, vol. 252, 2019, 113397.
https://doi.org/10.1016/j.apenergy.2019.113397

J. Weber et al., Impact of climate change on backup energy and storage needs in wind-dominated power systems in Europe, PLoS ONE, vol. 13, 2018, e0201457.
https://doi.org/10.1371/journal.pone.0201457

K. Wadsack, T.L. Acker, Climate change and future power systems: the importance of energy storage in reduced-hydropower systems in the American Southwest, Clean Energy, vol. 3, 2019, pp. 241–250.
https://doi.org/10.1093/ce/zkz018

A. Altamimi, D. Jayaweera, Long-Term Reliability Impacts of a Power System with Climate Change Effects on Wind Farms, IEEE PES Innovative Smart Grid Technologies Conference Europe (ISGT-Europe), Oct. 21-25, 2018, Sarajevo, Bosnia-Herzegovina.
https://doi.org/10.1109/isgteurope.2018.8571842

J.P. Palutikof, P.M. Kelly, T.D. Davies, J.A. Halliday, Impacts of spatial and temporal windspeed variability on wind energy output, Journal of Climate and Applied Meteorology, vol. 26, 1987, pp. 1124–1133.
https://doi.org/10.1175/1520-0450(1987)026<1124:iosatw>2.0.co;2

K.A. Abed, A.A. El-Mallah, Capacity factor of wind turbines, Energy, vol. 22. 1997, pp. 487–491.
https://doi.org/10.1016/s0360-5442(96)00146-6

S. Saito, K. Sato, S. Sekizuka, A Discussion on Prediction of Wind Conditions and Power Generation with the Weibull Distribution, JSME International Journal Series B, vol. 49, 2006, pp. 458–464.
https://doi.org/10.1299/jsmeb.49.458

P. Yeter, Ö. Güler, S.A. Akdağ, The Impact of Wind Speed Variability on Wind Power Potential and Estimated Generation Cost, Energy Sources, Part B: Economics, Planning, and Policy, vol. 7, 2012, pp. 339–347.
https://doi.org/10.1080/15567249.2011.628960

D.R. Drew, J.F. Barlow, T.T. Cockerill, M.M.Vahdati, The importance of accurate wind resource assessment for evaluating the economic viability of small wind turbines, Renewable Energy, vol. 77, 2015, pp. 493–500.
https://doi.org/10.1016/j.renene.2014.12.032

M. Joos, I. Staffell, Short-term integration costs of variable renewable energy: Wind curtailment and balancing in Britain and Germany, Renewable and Sustainable Energy Reviews, vol. 86, 2018, pp. 45–65.
https://doi.org/10.1016/j.rser.2018.01.009

S. Liu, Z. Bie, J. Lin, X. Wang, Curtailment of renewable energy in Northwest China and market-based solutions, Energy Policy, vol. 123, 2018, pp. 494–502.
https://doi.org/10.1016/j.enpol.2018.09.007

S.E. Tuller, A.C. Brett, The Characteristics of Wind Velocity that Favor the Fitting of a Weibull Distribution in Wind Speed Analysis, Journal of Climate and Applied Meteorology, vol. 23, 1984, pp. 124–134.
https://doi.org/10.1175/1520-0450(1984)023<0124:tcowvt>2.0.co;2

C. Carrillo et al., An Approach to Determine the Weibull Parameters for Wind Energy Analysis: The Case of Galicia (Spain), Energies, vol. 7, 2014, pp. 2676–2700.
https://doi.org/10.3390/en7042676

W. Werapun, Y. Tirawanichakul, J. Waewsak, Comparative Study of Five Methods to Estimate Weibull Parameters for Wind Speed on Phangan Island, Thailand, Energy Procedia, vol. 79, 2015, pp. 976–981.
https://doi.org/10.1016/j.egypro.2015.11.596

M.B.H. Kumar, S. Balasubramaniyan, S. Padmanaban, J.B. Holm-Nielsen, Wind Energy Potential Assessment by Weibull Parameter Estimation Using Multiverse Optimization Method: A Case Study of Tirumala Region in India, Energies, vol. 12, 2019, 2158.
https://doi.org/10.3390/en12112158

International Energy Agency, Projected Costs of Generating Electricity (IEA, 2015).Available:
https://www.iea.org/reports/projected-costs-of-generating-electricity-2015

Younis, R., Ibrahim, D., Aboul-Zahab, E., El'Gharably, A., Techno-Economic Investigation Using Several Metaheuristic Algorithms for Optimal Sizing of Stand-Alone Microgrid Incorporating Hybrid Renewable Energy Sources and Hybrid Energy Storage System, (2020) International Journal on Energy Conversion (IRECON), 8 (4), pp. 141-152.
https://doi.org/10.15866/irecon.v8i4.19137

Hassoune, A., Khafallah, M., Mesbahi, A., Benaaouinate, L., ouragba, T., Control Strategies of a Smart Topology of EVs Charging Station Based Grid Tied RES-Battery, (2018) International Review of Electrical Engineering (IREE), 13 (5), pp. 385-396.
https://doi.org/10.15866/iree.v13i5.15520

Ahmad, A., Mohamed, O., Reduction of Fluctuation of Wind Turbines’ Output Power by Modeling and Control, (2019) International Review of Electrical Engineering (IREE), 14 (4), pp. 272-283.
https://doi.org/10.15866/iree.v14i4.16939

Refbacks

There are currently no refbacks.

Username
Password
Remember me