Evaluating interconnector investments in the north European electricity system considering fluctuating wind power penetration

Stephan Spiecker, Philip Vogel and Christoph Weber

Energy Economics, 2013, vol. 37, issue C, 114-127

Abstract: With increasing amounts of power generation from intermittent sources like wind, transmission planning has not only to account for the expected load curve but also for the stochasticity of volatile power infeeds. Moreover investments in power generation are no longer centrally planned in deregulated power markets but rather decided on competitive grounds by individual power companies. This poses particular challenges when it comes to evaluating the benefits of increased interconnection capacities in large-scale systems like the European transmission system.

Keywords: Electricity grid planning; Power system economics; Stochastic optimization; Wind power generation (search for similar items in EconPapers)
JEL-codes: C61 L94 Q43 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (53)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0140988313000170
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:37:y:2013:i:c:p:114-127

DOI: 10.1016/j.eneco.2013.01.012

Access Statistics for this article

Energy Economics is currently edited by R. S. J. Tol, Beng Ang, Lance Bachmeier, Perry Sadorsky, Ugur Soytas and J. P. Weyant

More articles in Energy Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().