Advanced Search
MyIDEAS: Login to save this paper or follow this series

Optimal Wind Portfolios in Illinois

Contents:

Author Info

  • B. Andrew Chupp

    ()
    (Department of Economics, Illinois State University)

  • Emily Hickey
  • David Loomis

    (Department of Economics, Illinois State University)

Abstract

Current renewable portfolio standards in Illinois call for 25% of the state’s energy to be met through renewable means by 2025, with 75% of this requirement to come from wind. The problematic intermittency of wind might be overcome by a geographically disperse portfolio of wind farms. Using wind speeds and projected power measurements for 79 potential Illinois wind farms from 2004-2006, we use mean variance portfolio theory to calculate the optimal distribution of new wind installations.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://economics.illinoisstate.edu/RePec/Papers/20110401.pdf
File Function: First version, 2011
Download Restriction: no

Bibliographic Info

Paper provided by Illinois State University, Department of Economics in its series Working Paper Series with number 20110401.

as in new window
Length: 19 pages
Date of creation: Apr 2011
Date of revision:
Handle: RePEc:ils:wpaper:20110401

Contact details of provider:
Web page: http://economics.illinoisstate.edu

Related research

Keywords: Wind Power; Optimal Portfolios;

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Fabien Roques & Céline Hiroux & Marcelo Saguan, 2009. "Optimal Wind Power Deployment in Europe - a Portfolio Approach," RSCAS Working Papers 2009/17, European University Institute.
  2. Drake, Ben & Hubacek, Klaus, 2007. "What to expect from a greater geographic dispersion of wind farms?--A risk portfolio approach," Energy Policy, Elsevier, vol. 35(8), pages 3999-4008, August.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ils:wpaper:20110401. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (B. Andrew Chupp).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.