Title :
Impact of wind power on natural gas markets: Inter market flexibility
Author :
Keyaerts, Nico R. ; Rombauts, Yannick ; Delarue, Erik D. ; D´haeseleer, William D.
Author_Institution :
Energy Inst., Univ. of Leuven (K.U.Leuven), Leuven, Belgium
Abstract :
The introduction of massive amounts of intermittent wind power raises challenges for the proper balancing of the power system. For a number of reasons combined cycle gas turbines are the back-up technology of consequence. Therefore, the flexibility needs of the power generation market are actually transferred to the gas market. A first step is proposed towards a model to quantitatively study this inter market flexibility. Results of our stylised model show that wind power intermittency causes CCGT production to become very variable. Line-pack flexibility appears to be the best suited instrument to respond to this variability both in size and in frequency. More accurate power and gas systems need to be modelled to obtain practically useful results, though.
Keywords :
gas turbines; natural gas technology; power generation economics; power markets; wind power; CCGT production; combined cycle gas turbines; intermarket flexibility; line-pack flexibility; natural gas markets; power generation market; power system; wind power intermittency; Dispatching; Electricity; Pipelines; Power demand; Production; Wind power generation; flexibility; intermittency; natural gas; wind power;
Conference_Titel :
Energy Market (EEM), 2010 7th International Conference on the European
Conference_Location :
Madrid
Print_ISBN :
978-1-4244-6838-6
DOI :
10.1109/EEM.2010.5558689