Implications of intermittency and transmission constraints for renewables deployment
AbstractWe represent hourly, regional wind data and transmission constraints in an investment planning model calibrated to the UK and test sensitivities of least cost expansions to fuel and technology prices. Thus we can calculate the value of transmission expansions to the system. We represent limited public acceptance of wind and regional network constraints by maximum built rates per region and year. Thus we calculate the marginal value of improved planning and grid connection regimes. It is likely that some constraints will remain. Market designs that do not allow for regional differentiation to reflect transmission and planning constraints can increase overall costs to consumers.
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Bibliographic InfoPaper provided by Faculty of Economics, University of Cambridge in its series Cambridge Working Papers in Economics with number 0711.
Date of creation: Feb 2007
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Investment planning model; wind power; constraint land; Network constraints.;
Find related papers by JEL classification:
- O21 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
- L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
- C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General
- D62 - Microeconomics - - Welfare Economics - - - Externalities
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- Stefan Ambec & Claude Crampes, 2010. "Electricity Production with Intermittent Sources of Energy," LERNA Working Papers 10.07.313, LERNA, University of Toulouse.
- Neuhoff, K. & Ehrenmann, A. & Butler, L. & Cust, J. & Hoexter, H. & Keats, K. & Kreczko,A. & Sinden, G., 2006.
"Space and Time: Wind in an Investment Planning Model,"
Cambridge Working Papers in Economics
0620, Faculty of Economics, University of Cambridge.
- Neuhoff, Karsten & Ehrenmann, Andreas & Butler, Lucy & Cust, Jim & Hoexter, Harriet & Keats, Kim & Kreczko, Adam & Sinden, Graham, 2008. "Space and time: Wind in an investment planning model," Energy Economics, Elsevier, vol. 30(4), pages 1990-2008, July.
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