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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Wind, Storage, Interconnection and the Cost of Electricity Generation | |
Valeria Di Cosmo; Laura Malaguzzi Valeri | |
发表日期 | 2017 |
出处 | Energy Scenarios and Policy |
出版年 | 2017 |
语种 | 英语 |
摘要 | We evaluate how increasing wind generation affects wholesale electricity prices, balancing payments and the cost of subsidies using the Irish Single Electricity Market (SEM) as a test system, with hourly data from 1 January 2008 to 28 August 2012. We model the spot market using a system of seemingly unrelated regressions (SUR) where the regressions are the 24 hours of the day. Wind has a negative impact on the system marginal price, with every MWh increase in wind generation (equal to about 0.2% of the average wind generation in our sample) leading to a decrease of the system marginal price of €0.018/MWh, or about 0.3% of its average value. We use time series models to analyse the balancing market and show that wind generation increases balancing payments, as do the forecast errors of demand and wind. Every MWh of additional wind generation is associated with an increase in constraint payments of €3.2, or about 0.01%. Lack of storage increases the impact of wind on balancing payments whereas the lack of interconnection has no effect. Overall, wind decreases costs through its effect on the electricity price more than it increases constraint payments, even when storage is on outage. The effect of wind remains positive after including the cost of subsidies given to wind generation. *** Suggested citation: Di Cosmo, V., L. Malaguzzi Valeri, (2017), 'Wind, Storage, Interconnection and the Cost of Electricity Generation', Nota di Lavoro 10.2017, Milan, Italy: Fondazione Eni Enrico Mattei |
特色分类 | L94;Q42 |
关键词 | Wind Generation Constraints Storage Interconnection Subsidies |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/wind-storage-interconnection-and-the-cost-of-electricity-generation/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/118527 |
推荐引用方式 GB/T 7714 | Valeria Di Cosmo,Laura Malaguzzi Valeri. Wind, Storage, Interconnection and the Cost of Electricity Generation. 2017. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
20172221113201Nota_d(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
20172221113344NDL201(1268KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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