DocumentCode
3780311
Title
A comparative study of electricity price variations with wind energy penetration
Author
D. Avinash;Shelly Vadhera
Author_Institution
Electrical Engineering Department, National Institute of Technology, Kurukshetra, Haryana, India
fYear
2015
fDate
6/1/2015 12:00:00 AM
Firstpage
1
Lastpage
5
Abstract
This paper aims to compare the effect of wind energy penetration on electricity prices by considering different levels of installed wind capacities. The market clearing problem is formulated as a two stage stochastic optimization problem, where the first stage represents the clearing of the market with scheduled wind production and the second stage models the balancing market operations with different possible wind energy scenarios. A comparison is made between the size of the system and the price variations by taking three different test systems.
Keywords
"Wind energy","Wind farms","Stochastic processes","Generators","Programming","Uncertainty","Mathematical model"
Publisher
ieee
Conference_Titel
Energy, Power and Environment: Towards Sustainable Growth (ICEPE), 2015 International Conference on
Type
conf
DOI
10.1109/EPETSG.2015.7510134
Filename
7510134
Link To Document