Reliability Focused and Market Driven Growth of Wind Power in Electric Power Systems


(*) Corresponding author


Authors' affiliations


DOI's assignment:
the author of the article can submit here a request for assignment of a DOI number to this resource!
Cost of the service: euros 10,00 (for a DOI)

Abstract


Electric power generation from renewable sources has received considerable attention due to environmental concerns. Recent technological developments in wind turbines have resulted in large scale applications in power systems. The rapid growth of wind power has been backed by different forms of financial incentives throughout the world. Long-term growth of wind power should, however, be driven by sustainable market mechanisms.  Environmental benefits can be used to the advantage of the renewables to compete with the less costly conventional power sources. Assigning monetary value to the environmental benefits and specifying targets for their growth have been recognized as a potential solution. This paper presents a probabilistic method to evaluate the renewable energy credit and its impact on wind penetration and adequacy of power generating systems. The technique incorporates reliability and economic analyses and is applied to published test systems to illustrate the results and their influence on key system variables. The paper provides useful information to system planners and policy makers of wind power generation.
Copyright © 2014 Praise Worthy Prize - All rights reserved.

Keywords


Power System Reliability; Monte Carlo Simulation; Renewable Energy Credit; Wind Power

Full Text:

PDF


References


Global Wind 2005 Report, Global Wind Energy Council (GWEC), www.gwec.net.

Berry, T., Jaccard, M., 2001. “The Renewables portfolio standard: Design Considerations and an Implementation Survey.” Energy Policy, 29(4): 263-277.

EPRI 2003. Renewable Energy Technical Assessment Guide (TAG-RE) - 2003

Karki R., Billinton R., 2000. Reliability/Cost Implications of Utilizing Wind Energy in Small Isolated Power Systems. Wind Engineering Journal, Volume 24, No. 5, pp. 379-388.

Karki R., Billinton R., 2004. Cost-Effective Wind Energy Utilization for Reliable Power Supply. IEEE Trans. on Energy Conversion, Vol. 19, No. 2, pp. 435-440.

Jerry Kotas, U.S. DOE, 2001. Renewable Energy Credit - Another Option in Your Renewable Energy Portfolio. 6th National Green Power Marketing Conference, July.

Billinton, R., Ghajar, R., 1987. Utilization of Monte Carlo Simulation in Generating Capacity adequacy evaluation. CEA, March 1987.

IEEE, 1979. IEEE Reliability Test System. Reliability Test System Task Force of the Application of Probability Methods Subcommittee. IEEE Transactions on Power Apparatus and Systems, Vol. PAS-98, No. 6, Nov./Dec. 1979.

Deshmukh R. G., Ramakumar R., 1982. Reliability Analysis of Combined Wind-electric and Conventional Generation Systems. Solar Energy, Vol. 28, No. 4, pp. 345-352.

Singh, C., Lago-Gonzalez A., 1985. Reliability Modeling of Generating System Including Unconventional Energy Sources. IEEE Trans. Power Apparatus and Systems, Vol. 104, No. 5, May, pp. 1049-1056.

Karki R., Hu P., 2005. Wind Power Simulation Model for Reliability Evaluation. Proceedings of the IEEE Canadian Conference on Electrical and Computer Engineering, Saskatoon, May 2005, pp. 527-530.

Desrochers G., Blanchard M., 1986. A Monte Carlo Simulation for the Economic Assessment of the Contribution of Wind Energy to Power Systems. IEEE Trans. Energy Conversion, Vol. 1, No. 4, pp. 50-56.

Billinton R., Chen H., Ghajar R., 1996. Time-Series Models for Reliability Evaluation of Power Systems Including Wind Energy. Microelectron. Reliab., Vol. 36, No. 9, pp. 1253 - 1261.

Giorsetto P., Utsurogi K.F., 1983. Development of A New Procedure for Reliability Modeling of Wind Turbine Generators. IEEE Transactions on Power Apparatus and Systems, Vol. PAS-102, No. 1, pp.134-143.

Billinton, R., Allan, R. N., 1996, Reliability Evaluation of Power Systems (2nd Edition, Plenum Publishing, New York and London).

U.S. Department of Energy, 2003. Electric Power Annual 2002. Energy Information Administration, DOE, DOE/EIA-0348(2002), Dec. 2003.

Billinton R., Kumar S., 1989. A Reliability Test System for Educational Purposes - Basic Data. IEEE Transaction on Power System, Vol. 4, No. 3, August, pp. 1238 - 1244.

Castro R.M.G., Ferreira L.A.F.M., 2001. A Comparison Between Chronological and Probabilistic Methods to Estimate Wind Power Capacity Credit. IEEE Transaction on Power Systems, Vol. 16, No. 4, Nov., pp. 904-909.

Wijk A. J. M. van, Halberg N., Turkenburg W. C., 1992. Capacity credit of wind power in the Netherlands. Electric Power Systems Research, Vol. 23, 1992.

Karki R., 2004. Wind Power in Power Generation Planning. Proceedings of the IEEE Canadian Conference on Electrical and Computer Engineering, Niagara Falls, May, pp. 1511-1514.


Refbacks

  • There are currently no refbacks.


Please send any question about this web site to info@praiseworthyprize.com
Copyright © 2005-2024 Praise Worthy Prize