Estimating real-time balancing prices in wind power systems
2009 (English)In: Proceedings of the 2009 Power Systems Conference and Exposition (PSCE), 2009, 229-237 p.Conference paper (Refereed)
As the amounts of installed wind power increases in the power system, the required real-time balancing quantities increases because of the unpredictability of wind power production. Real-time balancing power is usually provided through various market solutions and thus, the prices on such markets will be affected by the increase in wind power production. Consequently, there exist a need for planning and simulation tools concerning the increased balancing demand. This paper therefore describes an estimation model for real-time balancing prices in systems where significant levels of wind power will be added. The model is divided into two steps: The first estimating the changes in required real-time balancing quantities, and the second calculating the corresponding price changes.
Place, publisher, year, edition, pages
2009. 229-237 p.
Estimation models, Power systems, Price changes, Simulation tool, Time balancing, Wind power production, Wind power systems
Other Electrical Engineering, Electronic Engineering, Information Engineering
IdentifiersURN: urn:nbn:se:kth:diva-10263DOI: 10.1109/PSCE.2009.4840069ISI: 000271244500034ScopusID: 2-s2.0-70349177536OAI: oai:DiVA.org:kth-10263DiVA: diva2:213671
IEEE/PES Power Systems Conference and Exposition Seattle, WA, MAR 15-18, 2009 IEEE; PES
QC 201008042009-04-282009-04-282011-03-01Bibliographically approved