Title :
A Stochastic Unit-commitment Model for the Evaluation of the Impacts of Integration of Large Amounts of Intermittent Wind Power
Author :
Barth, R. ; Brand, H. ; Meibom, P. ; Weber, C.
Author_Institution :
Inst. of Energy Econ. & the Rational Use of Energy, Stuttgart Univ.
Abstract :
A large share of integrated wind power causes technical and financial impacts on the operation of the existing electricity system due to the fluctuating behaviour and unpredictability of wind power. The presented stochastic bottom-up electricity market model optimises the unit commitment considering five kinds of markets and taking explicitly into account the stochastic behaviour of the wind power generation and of the prediction error. It can be used for the evaluation of varying electricity prices and system costs due to wind power integration and for the investigation of integration measures
Keywords :
power generation economics; power generation scheduling; power markets; pricing; stochastic programming; wind power; wind power plants; costing; electricity market; electricity pricing; electricity system operation; intermittent wind power generation; stochastic unit-commitment model; wind power integration; Capacity planning; Cogeneration; Electricity supply industry; Energy storage; Fuel storage; Solar heating; Stochastic processes; Water heating; Water storage; Wind energy; electricity markets; energy management; integration; recourse planning; renewable energy sources; stochastic optimisation; wind power;
Conference_Titel :
Probabilistic Methods Applied to Power Systems, 2006. PMAPS 2006. International Conference on
Conference_Location :
Stockholm
Print_ISBN :
978-91-7178-585-5
DOI :
10.1109/PMAPS.2006.360195
