Optimal Siting of Wind Farms in Wind Energy Dominated Power Systems
Raik Becker and
Daniela Thrän
Additional contact information
Raik Becker: Department of Bioenergy, Helmholtz Centre for Environmental Research GmbH-UFZ, Permoserstraße 15, 04318 Leipzig, Germany
Daniela Thrän: Bioenergy Systems Department, DBFZ Deutsches Biomasseforschungszentrum gGmbH, Torgauer Straße 116, 04347 Leipzig, Germany
Energies, 2018, vol. 11, issue 4, 1-12
Abstract:
Electricity from renewable energy (RE) sources gained in significance due to green-friendly governmental initiatives in the form of either direct subsidizes, tax incentives or tradable certificates. Thereby, RE generators are incentivized to maximize energy feed-in or the remuneration from governmental subsidizes, meanwhile neglecting any market interaction. Consequently, wind farms are clustered in windy regions. Along with the governmentally initiated integration of RE generation into power markets, the siting of RE generators will change. In wind power dominated power systems that fully integrate RE generators into power markets, wind farms will compete against each other and try to maximize their market value. Hence, wind speed correlations with other wind farms will become increasingly important when choosing a site in a uniform or zonal pricing system. To quantify the impact of market integration on future wind farm siting, an approach is developed that takes into account the local wind potential of a certain site, wind speed correlations to other sites and their installed capacities. An optimization that minimizes the normalized sum of wind power correlations to all other sites and their respective normalized installed wind power capacity is performed. To achieve a predefined minimum energy output, the average wind yield is considered as an additional constraint. The outcome is an optimal wind farm site in a wind energy dominated system. Running this for a given wind power expansion scenario enables decision makers to foresee the spatial development of wind farm installations. To demonstrate the model’s applicability, a case study is performed for Germany. Thereby, wind speed data for four years from the European reanalysis model COSMO-REA6 is used. The results indicate that a full market integration of RE generators will space out more evenly new wind farms. Thereby, wind farms can economically benefit from the non-simultaneity of wind speed.
Keywords: wind energy; wind energy integration; market value; wind farms; correlation; siting; wind speeds (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:11:y:2018:i:4:p:978-:d:141866
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