Reliability and investment assessment for wind energy generation

Smart grid has been proposed in both developed and developing countries to deal with the bottleneck of energy consumption recently. As an essential technology applied to smart grid, renewable energy integration plays a significant role on carbon emission. As an operator´s perspective, system reliability and generation adequacy need to be re-considered when renewable energies are applied into the power system. This paper will make a comparison between reliability of centralized wind generations and that of distributed wind generations with investment perspective.