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Statistical Analysis Of Wind Data And Modeling Regulating Reserves


Statistical Analysis Of Wind Data And Modeling Regulating Reserves
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Statistical Analysis Of Wind Data And Modeling Regulating Reserves


Statistical Analysis Of Wind Data And Modeling Regulating Reserves
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Author : William James Buchanan
language : en
Publisher:
Release Date : 2012

Statistical Analysis Of Wind Data And Modeling Regulating Reserves written by William James Buchanan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.


The desire to reduce dependence on fossil fuels is resulting in numerous policy incentives for increased renewable energy sources within the power grid. Because wind generation is arguably the most affordable per MWh of the renewable energy sources it is growing nearly as quickly as conventional generation techniques. Due to this significant increase in wind penetration levels, numerous largescale wind integration studies have been produced to determine the reliability impacts of large-scale wind power. Using data from two large US wind interconnection studies, this thesis provides evidence that mesoscale meteorological models under-predict the variability in wind data particularly on short time scales, indicating that data from mesoscale meteorological models need to be used with caution for some types of analyses. These types of analyses include most notably regulating reserves, which are used to rebalance supply and demand on a second-by-second bias. This thesis will also describe and evaluate a new method for jointly quantifying the amount of spinning and regulating reserves required to meet reliability requirements within a balancing area with significant amounts of wind power using high resolution wind data. The method is based on jointly minimizing dispatch costs and reserve allocations, across two time scales (seconds to minutes, and minutes to hours) to satisfy North American Electric Reliability Corporation (NERC) Area Control Error (ACE) requirements.



Variable Renewable Energy And The Electricity Grid


Variable Renewable Energy And The Electricity Grid
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Author : Jay Apt
language : en
Publisher: Routledge
Release Date : 2014-06-13

Variable Renewable Energy And The Electricity Grid written by Jay Apt and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-06-13 with Technology & Engineering categories.


The integration of renewable energy resources into the electricity grid presents an important challenge. This book provides a review and analysis of the technical and policy options available for managing variable energy resources such as wind and solar power. As well as being of value to government and industry policy-makers and planners, the volume also provides a single source for scientists and engineers of the technical knowledge gained during the 4-year RenewElec (renewable electricity) project at Carnegie Mellon University, the University of Vermont, Vermont Law School, and the Van Ness Feldman environmental law firm. The first part of the book discusses the options for large scale integration of variable electric power generation, including issues of predictability, variability, and efficiency. The second part presents the scientific findings of the project. In the final part, the authors undertake a critical review of major quantitative regional and national wind integration studies in the United States. Based on comparisons among these studies, they suggest areas where improvements in methods are warranted in future studies, areas where additional research is needed to facilitate future improvements in wind integration studies and how the research can be put into practice.



Nrel Variability And Reserves Analysis For The Western Interconnect Presentation


Nrel Variability And Reserves Analysis For The Western Interconnect Presentation
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Author :
language : en
Publisher:
Release Date : 2011

Nrel Variability And Reserves Analysis For The Western Interconnect Presentation written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.


Additional variability and uncertainty increase reserve requirements. In this light, this presentation discusses how use of generation reserves can be optimized for managing variability and uncertainty. Conclusions of this presentation are: (1) Provided a method for calculating additional reserve requirements due to wind and solar production; (2) Method is based on statistical analysis of historical time series data; (3) Reserves are dynamic, produced for each hour; (4) Reserve time series are calculated from and synchronized to simulation data; (5) PROMOD can not model directly, but workarounds exist for regulation and spin; and (6) Other production modeling packages have varying capability for reserves modeling.



Spatio Temporal Data Analytics For Wind Energy Integration


Spatio Temporal Data Analytics For Wind Energy Integration
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Author : Lei Yang
language : en
Publisher: Springer
Release Date : 2014-11-14

Spatio Temporal Data Analytics For Wind Energy Integration written by Lei Yang and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-11-14 with Technology & Engineering categories.


This SpringerBrief presents spatio-temporal data analytics for wind energy integration using stochastic modeling and optimization methods. It explores techniques for efficiently integrating renewable energy generation into bulk power grids. The operational challenges of wind, and its variability are carefully examined. A spatio-temporal analysis approach enables the authors to develop Markov-chain-based short-term forecasts of wind farm power generation. To deal with the wind ramp dynamics, a support vector machine enhanced Markov model is introduced. The stochastic optimization of economic dispatch (ED) and interruptible load management are investigated as well. Spatio-Temporal Data Analytics for Wind Energy Integration is valuable for researchers and professionals working towards renewable energy integration. Advanced-level students studying electrical, computer and energy engineering should also find the content useful.



Wind Power Integration


Wind Power Integration
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Author : Brendan Fox
language : en
Publisher: IET
Release Date : 2007-06-20

Wind Power Integration written by Brendan Fox and has been published by IET this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-06-20 with Science categories.


This essential book examines the main problems of wind power integration and guides the reader through a number of the most recent solutions based on current research and operational experience of wind power integration.



Valuing Wind Generation On Integrated Power Systems


Valuing Wind Generation On Integrated Power Systems
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Author : Ken Dragoon
language : en
Publisher: William Andrew
Release Date : 2010-09-28

Valuing Wind Generation On Integrated Power Systems written by Ken Dragoon and has been published by William Andrew this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-09-28 with Technology & Engineering categories.


Wind powered generation is the fastest growing energy source in the United States due to a combination of economic incentives, public preference for renewable energy as expressed in government policies, competitive costs, and the need to address global warming. The economic consequences of the relative variability and lower predictability of wind generation are not easily captured in standard economic analyses performed by utility planners. This book provides utility analysts and regulators a guide to analyzing the value of wind generation in the context of modern power systems.Guiding the reader through the steps to understanding and valuing wind generation on modern power systems, this book approaches the issue from the various, current perspectives in the US. These include utilities that are still primarily vertically integrated power providers and systems dominated by independent system operators (ISOs). Outlined here are the basic procedures in a wind valuation study, described with enough detail so that analysts spanning a range of resources and sophistication can reasonably undertake a competent study. Descriptions of studies performed by other utilities are also provided, explaining their specific approaches to the fundamentals. Finally, it includes a short section on power systems that utilize relatively large fractions of wind, and how operating procedures and valuing techniques may need alteration to accommodate them.• Reviews operating challenges that large amounts of wind power present to power systems operators • Outlines alternative approaches to quantifying the systems services necessary to accommodate the wind • Explains how economic analyses of wind generation are competently performed • Describes how to represent wind generation in computer models commonly used by electric utility planners that may not be specifically designed to incorporate wind generation • Reviews methods used by some select utility companies around the United States • Touches on key European issues involving relatively high levels of wind generation • Written at the level of the utility planner, assuming a basic understanding of economic dispatch of generators and elementary statistics Outlines the role of wind forecasting in wind valuation studies Evaluates the importance of estimating wind generation to meet peak demand Researches how the market structure effects the value of wind energy Discusses power systems that utilize relatively large fractions of wind power Highlights the operating procedures that can enhance the value of wind generation



Intelligent Data Mining And Analysis In Power And Energy Systems


Intelligent Data Mining And Analysis In Power And Energy Systems
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Author : Zita A. Vale
language : en
Publisher: John Wiley & Sons
Release Date : 2022-12-13

Intelligent Data Mining And Analysis In Power And Energy Systems written by Zita A. Vale and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-12-13 with Technology & Engineering categories.


Intelligent Data Mining and Analysis in Power and Energy Systems A hands-on and current review of data mining and analysis and their applications to power and energy systems In Intelligent Data Mining and Analysis in Power and Energy Systems: Models and Applications for Smarter Efficient Power Systems, the editors assemble a team of distinguished engineers to deliver a practical and incisive review of cutting-edge information on data mining and intelligent data analysis models as they relate to power and energy systems. You’ll find accessible descriptions of state-of-the-art advances in intelligent data mining and analysis and see how they drive innovation and evolution in the development of new technologies. The book combines perspectives from authors distributed around the world with expertise gained in academia and industry. It facilitates review work and identification of critical points in the research and offers insightful commentary on likely future developments in the field. It also provides: A thorough introduction to data mining and analysis, including the foundations of data preparation and a review of various analysis models and methods In-depth explorations of clustering, classification, and forecasting Intensive discussions of machine learning applications in power and energy systems Perfect for power and energy systems designers, planners, operators, and consultants, Intelligent Data Mining and Analysis in Power and Energy Systems will also earn a place in the libraries of software developers, researchers, and students with an interest in data mining and analysis problems.



Valuation Of Wind Energy Projects And Statistical Analysis Of Wind Power


Valuation Of Wind Energy Projects And Statistical Analysis Of Wind Power
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Author : Andrew Nanopoulos
language : en
Publisher:
Release Date : 2012

Valuation Of Wind Energy Projects And Statistical Analysis Of Wind Power written by Andrew Nanopoulos and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.


As energy becomes an increasingly important issue for generations to come, it is crucial to develop tools for valuing and understanding energy projects from an economic perspective since ultimately only economically viable solutions will be pushed forward. A model is developed for valuing a generic offshore floating wind farm from a corporate finance perspective. The model is used to value the project based on multiple valuation metrics and to generate sensitivity analyses on multiple important technical, cost and financial parameters. It is found that offshore wind projects can be economically viable under current conditions contingent on high annual mean wind speed and government support. In addition, it is also found that financial parameters prove to be equally or even more important than technical parameters in affecting the overall project value. Furthermore, the wind speed and power output are modeled using a mean reverting Ornstein - Uhlenbeck process whereby it is found that while wind speed is positively autocorrelated, the averaging period plays an important role in determining the nature and extent of the autocorrelation. Finally, the valuation is extended and generalized to a Black-Scholes option based valuation of any project whose underlying asset follows a mean reverting process, whereby a model is developed to find the debt and equity values under the assumption of time independence. The tools developed for this purpose can prove to be useful in other applications besides energy, such as shipping and commodities, as the underlying characteristics of energy projects are often similar across other markets.



Power Grid Operation In A Market Environment


Power Grid Operation In A Market Environment
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Author : Hong Chen
language : en
Publisher: John Wiley & Sons
Release Date : 2016-11-14

Power Grid Operation In A Market Environment written by Hong Chen and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-11-14 with Science categories.


Covers the latest practices, challenges and theoretical advancements in the domain of balancing economic efficiency and operation risk mitigation This book examines both system operation and market operation perspectives, focusing on the interaction between the two. It incorporates up-to-date field experiences, presents challenges, and summarizes the latest theoretic advancements to address those challenges. The book is divided into four parts. The first part deals with the fundamentals of integrated system and market operations, including market power mitigation, market efficiency evaluation, and the implications of operation practices in energy markets. The second part discusses developing technologies to strengthen the use of the grid in energy markets. System volatility and economic impact introduced by the intermittency of wind and solar generation are also addressed. The third part focuses on stochastic applications, exploring new approaches of handling uncertainty in Security Constrained Unit Commitment (SCUC) as well as the reserves needed for power system operation. The fourth part provides ongoing efforts of utilizing transmission facilities to improve market efficiency, via transmission topology control, transmission switching, transmission outage scheduling, and advanced transmission technologies. Besides the state-of-the-art review and discussion on the domain of balancing economic efficiency and operation risk mitigation, this book: Describes a new approach for mass market demand response management, and introduces new criteria to improve system performance with large scale variable generation additions Reviews mathematic models and solution methods of SCUC to help address challenges posed by increased operational uncertainties with high-penetration of renewable resources Presents a planning framework to account for the value of operational flexibility in transmission planning and to provide market mechanism for risk sharing Power Grid Operations in a Market Environment: Economic Efficiency and Risk Mitigation is a timely reference for power engineers and researchers, electricity market traders and analysts, and market designers.



Valuing Wind Generation On Integrated Power Systems


Valuing Wind Generation On Integrated Power Systems
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Author : Ken Dragoon
language : en
Publisher: William Andrew Publishing
Release Date : 2010-11-05

Valuing Wind Generation On Integrated Power Systems written by Ken Dragoon and has been published by William Andrew Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-11-05 with Business & Economics categories.


Wind powered generation is the fastest growing energy source in the United States due to a combination of economic incentives, public preference for renewable energy as expressed in government policies, competitive costs, and the need to address global warming. The economic consequences of the relative variability and lower predictability of wind generation are not easily captured in standard economic analyses performed by utility planners. This book provides utility analysts and regulators a guide to analyzing the value of wind generation in the context of modern power systems. Guiding the reader through the steps to understanding and valuing wind generation on modern power systems, this book approaches the issue from the various, current perspectives in the US. These include utilities that are still primarily vertically integrated power providers and systems dominated by independent system operators (ISOs). Outlined here are the basic procedures in a wind valuation study, described with enough detail so that analysts spanning a range of resources and sophistication can reasonably undertake a competent study. Descriptions of studies performed by other utilities are also provided, explaining their specific approaches to the fundamentals. Finally, it includes a short section on power systems that utilize relatively large fractions of wind, and how operating procedures and valuing techniques may need alteration to accommodate them. OCo Reviews operating challenges that large amounts of wind power present to power systems operators OCo Outlines alternative approaches to quantifying the systems services necessary to accommodate the wind OCo Explains how economic analyses of wind generation are competently performed OCo Describes how to represent wind generation in computer models commonly used by electric utility planners that may not be specifically designed to incorporate wind generation OCo Reviews methods used by some select utility companies around the United States OCo Touches on key European issues involving relatively high levels of wind generation OCo Written at the level of the utility planner, assuming a basic understanding of economic dispatch of generators and elementary statistics "aOutlines the role of wind forecasting in wind valuation studiesEvaluates the importance of estimating wind generation to meet peak demandResearches how the market structure effects the value of wind energyaDiscusses power systems that utilize relatively large fractions of wind power Highlights the operating procedures that can enhance the value of wind generation"