Simulating the impact of wind production on locational marginal prices

Author

Morales, Juan M. ; Conejo, Antonio J. ; Pérez-Ruiz, Juan

Author_Institution

Univ. Castilla-La Mancha, Ciudad Real, Spain

fYear

2011

Firstpage

1

Lastpage

1

Abstract

Summary form only given. This panel presentation is based on paper “J. M. Morales, A. J. Conejo, J. Pérez-Ruiz, Simulating the Impact of Wind Production on Locational Marginal Prices. IEEE Transactions on Power Systems, in press, 2011.” It analyzes the impact of wind production on the locational marginal prices of a fully competitive pool-based electricity market. Wind productions are modeled as negative loads and characterized by historical data records. The analysis pertains to the structural relationship between wind production and locational marginal prices, and disregards the collateral effect of strategic offering. The study presented allows a statistical characterization of locational marginal prices as a function of the statistical data of the wind plants and the structure of the considered electric energy system.

Keywords

power generation economics; statistical analysis; wind power plants; IEEE transaction; collateral effect; competitive pool-based electricity market; electric energy system; historical data record; locational marginal price; power system; statistical characterization; statistical data function; strategic offering; wind plant; wind production; Data models; Electricity supply industry; Electronic mail; Load modeling; Power systems; Presses;

fLanguage

English

Publisher

ieee

Conference_Titel

Power and Energy Society General Meeting, 2011 IEEE

Conference_Location

San Diego, CA

ISSN

1944-9925

Print_ISBN

978-1-4577-1000-1

Electronic_ISBN

1944-9925

Type

conf

DOI

10.1109/PES.2011.6038922

Filename

6038922