Optimal portfolio-theory-based allocation of wind power: Taking into account cross-border transmission-capacity constraints

Yannick Rombauts, Erik Delarue and D’haeseleer, William

Renewable Energy, 2011, vol. 36, issue 9, 2374-2387

Abstract: Allocating wind farms across different locations in different countries may reduce the variability of hourly wind power changes. Taking into account cross-border transmission-capacity constraints between countries can however decrease the effect of this diversification. A portfolio-theory-based model is developed that takes into account these cross-border transmission-capacity constraints when allocating wind power as efficient as possible across different locations.

Keywords: Portfolio theory; Cross-border transmission; Wind-power allocation (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (25)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:36:y:2011:i:9:p:2374-2387

DOI: 10.1016/j.renene.2011.02.010

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