Optimal Wind Portfolios in Illinois
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.
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.:
- Roques, Fabien & Hiroux, Céline & Saguan, Marcelo, 2010.
"Optimal wind power deployment in Europe--A portfolio approach,"
Elsevier, vol. 38(7), pages 3245-3256, July.
- Fabien Roques & Céline Hiroux & Marcelo Saguan, 2009. "Optimal Wind Power Deployment in Europe - a Portfolio Approach," RSCAS Working Papers 2009/17, European University Institute.
- F. Roques & C. Hiroux & M. Saguan, 2010. "Optimal wind power deployment in Europe-A portfolio approach," Post-Print hal-00716345, HAL.
- 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.
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 references are entirely missing, you can add them using this form.