DocumentCode
2386948
Title
Wind as a price-maker and ancillary services provider in competitive electricity markets
Author
Troy, Niamh ; Twohig, Sonya
Author_Institution
Electr. Res. Centre, Univ. Coll. Dublin, Dublin, Ireland
fYear
2010
fDate
25-29 July 2010
Firstpage
1
Lastpage
6
Abstract
Electricity markets are currently evolving to accommodate large scale penetration of wind generation. In this research, potential changes to the classification and role of wind generators in the Single Electricity Market (SEM), the market for Northern Ireland and the Republic of Ireland, are examined. The effect of wind generators opting to become price-making and the potential for wind generators to provide positive spinning reserve is investigated. By submitting bids for available generation, price-making wind generators can increase their revenues from the market and influence the average electricity price. Results also show reduced emissions and systems costs arise in allowing wind to provide spinning reserve.
Keywords
power generation economics; power markets; pricing; wind power plants; Northern Ireland; Republic of Ireland; ancillary service provider; price making; single electricity market; system costing; wind generation; Market Prices; Power System Modeling; Wind Power Generation;
fLanguage
English
Publisher
ieee
Conference_Titel
Power and Energy Society General Meeting, 2010 IEEE
Conference_Location
Minneapolis, MN
ISSN
1944-9925
Print_ISBN
978-1-4244-6549-1
Electronic_ISBN
1944-9925
Type
conf
DOI
10.1109/PES.2010.5590007
Filename
5590007
Link To Document