Analysis of wind power generation operation management risk in China

Cun-bin Li, Peng Li and Xia Feng

Renewable Energy, 2014, vol. 64, issue C, 266-275

Abstract: The Chinese government has made an important effort to diversify the country's energy mix and exploit different sources of renewable energy. Although China's installed wind power capacity has undergone a dramatic expansion over the past six years, the electricity generated from wind power has not increased as expected. Meanwhile, operational risks, such as high generation cost, mismatch between capacity and generation, intermittent wind power generation, power grid construction lag, deficient policy, and operation mechanism, have become increasingly prominent. If not controlled, these risks will negatively affect wind power development in China. Therefore, this paper established a quantitative analysis model of wind power operation management risk from two aspects, feed-in tariff and grid electricity (electricity being connected to the grid), based on an analysis of wind power operation management risk in China. Moreover, this study quantitatively assessed the risk of the operational management of a wind farm in Inner Mongolia. Finally, corresponding risk control strategies for the healthy development of wind power generation in China were proposed.

Keywords: China; Wind power operation management; Risk analysis; Feed-in tariff; Risk management strategy (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (12)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:64:y:2014:i:c:p:266-275

DOI: 10.1016/j.renene.2013.11.055

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