2016
DOI: 10.1002/wene.226
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Capacity value assessments of wind power

Abstract: This article describes some of the recent research into the capacity value of wind power. With the worldwide increase in wind power during the past several years, there is increasing interest and significance regarding its capacity value because this has a direct influence on the amount of other (nonwind) capacity that is needed. We build on previous reviews from IEEE and IEA Wind Task 25 a and examine recent work that evaluates the impact of multiple-year data sets and the impact of interconnected systems on … Show more

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Cited by 28 publications
(24 citation statements)
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“…To estimate capacity values, we use ERCOT's current method to quantify real-world IAV consequences (Electric Reliability Council of Texas 2017b). However, many methods to calculate capacity value exist (Milligan et al 2017), and future research should explore the sensitivity of capacity value IAV to different calculation methods. Per ERCOT's method, we calculate winter and summer capacity values as generation coincident with the top 20 demand hours in the winter (December-February) and summer (June-August).…”
Section: Quantifying Iav Of Wind and Solar Generation And Capacity Vamentioning
confidence: 99%
“…To estimate capacity values, we use ERCOT's current method to quantify real-world IAV consequences (Electric Reliability Council of Texas 2017b). However, many methods to calculate capacity value exist (Milligan et al 2017), and future research should explore the sensitivity of capacity value IAV to different calculation methods. Per ERCOT's method, we calculate winter and summer capacity values as generation coincident with the top 20 demand hours in the winter (December-February) and summer (June-August).…”
Section: Quantifying Iav Of Wind and Solar Generation And Capacity Vamentioning
confidence: 99%
“…Because of their variability and uncertainty, wind and solar generation poses new challenges to the planning process. For instance, planning traditionally focused on procuring capacity to meet demand in high demand periods, but increasing wind and solar penetrations are elevating other high stress periods in planning (Lew et al 2013, Milligan et al 2017).…”
Section: Introductionmentioning
confidence: 99%
“…The limitations on solar's CC-due to variable cloud cover and the timing of sunlight versus the timing of peak power-system demand-are well understood [2], [8]- [14]. Probabilistic methods are widely accepted as an accurate way to calculate the CC of solar (and wind), with several approximation methods developed to reduce the large data and computational needs [15]- [17]. Also understood is the decline in solar's CC with increasing solar penetration on the grid, as the net peak (system demand minus generation supplied by variable resources such as solar) shifts into hours without strong sunlight [2], [18].…”
Section: Introductionmentioning
confidence: 99%