Influence of wind power, plug-in electric vehicles, and heat storages on power system investments

Juha Kiviluoma and Peter Meibom

Energy, 2010, vol. 35, issue 3, 1244-1255

Abstract: Due to rising fuel costs, the substantial price for CO2 emissions and decreasing wind power costs, wind power might become the least expensive source of power for an increasing number of power systems. This poses the questions of how wind power might change optimal investments in other forms of power production and what kind of means could be used to increase power system flexibility in order to incorporate the variable power production from wind power in a cost-effective manner.

Keywords: Wind power; Electric vehicle; Heat storage; Electric heat boiler; Heat pump; Investment model (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (60)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:35:y:2010:i:3:p:1244-1255

DOI: 10.1016/j.energy.2009.11.004

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