Regional electricity price differences due to intermittent wind power in Germany: Impact of extended transmission and storage capacities

International Journal of Global Energy Issues

Volumn 25, Issue 3-4, 2006, Pages 276-297

  Barth, Rüdiger ^a,d   Brand, Heike ^a   Swider, Derk Jan ^a   Weber, Christoph ^b   Meibom, Peter ^c,e,f  

^a UNIVERSITY OF STUTTGART   (Germany)

^b UNIVERSITY OF DUISBURG ESSEN   (Germany)

^c TECHNICAL UNIVERSITY OF DENMARK   (Denmark)

^d EU Project   (Germany)

^e Materials Research Dept   (Denmark)

^f WILMAR Project (ENK5 CT 2002 00663)   (Denmark)

Author keywords

Electricity prices; Energy storage; Stochastic optimisation model; Transmission grid; Wind power integration

Indexed keywords

ELECTRIC ENERGY STORAGE; OPTIMIZATION; RANDOM PROCESSES; WIND POWER;

STOCHASTIC OPTIMIZATION MODEL; TRANSMISSION GRID; WIND POWER INTEGRATION;

ELECTRIC RATES;

ENERGY AND POWER TECHNOLOGY; PRICE DETERMINATION; STOCHASTICITY; WIND POWER;

CENTRAL EUROPE; EURASIA; EUROPE; GERMANY;

EID: 33644890172     PISSN: 09547118     EISSN: None     Source Type: Journal    
DOI: 10.1504/ijgei.2006.008996     Document Type: Article

References (27)

1. Baldick, R. (1995) The generalized unit commitment problem', IEEE Transactions on Power Systems, Vol. 10, No. 1, pp.465-475.
2. Birge, J. and Louveaux, F. (2000) Introduction to Stochastic Programming, New York, Heidelberg: Springer Publishing House.
3. Blesl, M., Fahl, U., Kempe, S. and Voß, A. (2004) 'Impact of certificate trading systems on CHP and district heating', EuroHeat and power, Vol. 2004, No. 4, pp.32-41.
4. Brand, H., Barth, R., Weber, C., Meibom, P. and Swider, D.J. (2005) Extensions of Wind Power - Effects on Markets and Costs of Integration, Vol. 4, Wien: Internationale Energiewirtschaftstagung.
5. Brockwell, P.J. and Davis, R.A. (2003) Time Series: Theory and Methods, 2nd edition, New York, Heidelberg: Eight Corr. Print, Springer Publishing House.
6. BTM Consult ApS (2005) International Wind Energy Development - World Market Update 2004, Ringkøbing.
7. Buchanan, C.S., McKinnon, K.I.M. and Skondras, G.K. (2001) 'The recourse definition of stochastic linear programming problems within an algebraic modelling language', Annals of Operations Research, Vol. 104, Nos. 1-4, pp.15-32.
8. Dena (German Energy Agency) (2005) Planning of the Grid Integration of Wind Energy in German Onshore and Offshore Up to the Year 2020 (Dena Grid Study), Berlin. Available at: http://www.deutsche-energie-agentur.de. Accessed on 2 January 2006.
9. DEWI (German Wind Energy Institute) (2004a) Wind Energy Use in Germany - Status 31.12.2004. Wilhelmshaven, Available at: http://www.dewi.de. Accessed on 2 January 2006.
10. DEWI (German Wind Energy Institute) (2004b) WindEnergy Study 2004: Assessment of the Wind Energy Market until 2012, Wilhelmshaven. Available at: http://www.dewi.de. Accessed on 2 January 2006.
11. Dupacova, J., Gröwe-Kuska, N. and Römisch, W. (2003) 'Scenario reduction in stochastic programming - an approach using probability metrics', Mathematical Programming, Vol. 95, No. 3, pp.493-511.
12. EWI (Institute of Energy Economics at the University of Cologne) (2005) 'Das GEMS-modell (German electricity market simulation)', Available at: http://www.ewi.uni-koeln.de. Accessed on 19 September 2005.
13. Kall, P. and Wallace, S.W. (1994) Stochastic Programming, Chichester: Wiley Publishing House.
14. Krämer, M. (2003) Modellanalyse zur Optimierung der Stromerzeugung bei hoher Einspeisung von Windenergie, Bremen: VDI Publishing House.
15. Kretschmer, R. and Dittmann, A. (2005) 'Kostensenkung und verbesserte Netzstabilität durch Druckluftspeicher?' EW- das Magazin für die Energiewirtschaft, Vol. 104, No. 9, pp.44-47.
16. Lund, H. (2005) 'Large-scale integration of wind power into different energy systems', Energy, Vol. 30, pp.2402-2412.
17. Lund, H. and Münster, E. (2003) 'Management of surplus electricity-production from a fluctuating renewable-energy source', Applied Energy, Vol. 76, pp.65-74.
18. Mariyappan, J., Black, M., Strcbac, G. and Hemmi, K. (2004) 'Cost and technical opportunities for electricity storage technologies', Report of the EU-project Greennet (Pushing a Least Cost Integration of Green Electricity into the European Grid), Available at: http://www.greennet.at. Accessed on 19 September 2005.
19. Norgard, P., Giebel, G., Holttinen, H., Söder, L. and Petterteig, A. (2004) 'Fluctuations and predictability of wind and hydro power', WILMAR Deliverable 3.2: Report of the EU-Project Wilmar, Available at: www.wilmar.risoe.dk. Accessed on 19 September 2005.
20. Ravn, H. (2005) 'The Balmorel model structure', Available at: http://www.balmorel.com. Accessed on 19 September 2005.
21. Schoenung, S.M. (2001) Characteristics and Technologies for Long- Vs. Short-Term Energy Storage, A Study by the DOE Energy Storage Systems Program, Albuquerque: Livermore.
22. Shumway, R.H. and Stoffer, D.S. (2000) Time Series Analysis and Its Applications, New York, Heidelberg: Springer Publishing House.
23. Söder, L. (2004) 'Simulation of wind speed forecast errors for operation planning of multi-area power systems', Eighth International Conference on Probabilistic Methods Applied to Power Systems, Iowa.
24. Swider, D.J. and Weber, C. (2004) 'Scenarios on the conventional European electricity market', Report of the EU-Project Greennet (Pushing a Least Cost Integration of Green Electricity into the European Grid), Available at: http://www.greennet.at. Accessed on 19 September 2005.
25. VDN (Association of German network operators) (2005) 'The German high voltage grid', Map, Available at: www.vdn-berlin.de. Accessed on 19 September 2005.
26. Weber, C. (2004) Uncertainties in the Electric Power Industry: Methods and Models for Decision Support, Heidelberg: Springer Publishing House.
27. Weber, C. and Brand, H. (2001) 'Stochastische Optimierung im liberalisierten Energiemarkt -Wechselwirkungen zwischen Kraftwerkseinsatz, Stromhandel und Vertragsbewirtschaftung', VDI-Berichte Nr. 1627, Düsseldorf: VDI Publishing House.