Wind speed and electricity demand correlation analysis in the Australian National Electricity Market: Determining wind turbine generators’ ability to meet electricity demand without energy storage

William Bell, Phillip Wild, John Foster () and Michael Hewson

Economic Analysis and Policy, 2015, vol. 48, issue C, 182-191

Abstract: This paper analyses wind speed and electricity demand correlation to determine the ability of wind turbine generators to meet electricity demand in the Australian National Electricity Market (NEM) without the aid of energy storage. With the proposed increases in the number of windfarms to meet the Large-scale Renewable Energy Target (LRET), this correlation study is formative to identifying price and power stability issues and determining what transmission structure is required to best facilitate the absorption of wind power.

Keywords: Wind speed; Electricity demand; Correlation; Australian National Electricity Market; Wind turbine generators; Renewable energy; Renewable energy portfolio; Solar PV (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (24)

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Working Paper: Wind speed and electricity demand correlation analysis in the Australian National Electricity Market: Determining wind turbine generators’ ability to meet electricity demand without energy storage (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecanpo:v:48:y:2015:i:c:p:182-191

DOI: 10.1016/j.eap.2015.11.009

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