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

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  • Kiviluoma, Juha
  • Meibom, Peter

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.

Suggested Citation

  • Kiviluoma, Juha & Meibom, Peter, 2010. "Influence of wind power, plug-in electric vehicles, and heat storages on power system investments," Energy, Elsevier, vol. 35(3), pages 1244-1255.
    • Handle: RePEc:eee:energy:v:35:y:2010:i:3:p:1244-1255
    DOI: 10.1016/j.energy.2009.11.004
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    References listed on IDEAS

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    1. Lund, Henrik, 2005. "Large-scale integration of wind power into different energy systems," Energy, Elsevier, vol. 30(13), pages 2402-2412.
    2. Østergaard, Poul Alberg, 2006. "Ancillary services and the integration of substantial quantities of wind power," Applied Energy, Elsevier, vol. 83(5), pages 451-463, May.
    3. Lennart Soder & Hannele Holttinen, 2008. "On methodology for modelling wind power impact on power systems," International Journal of Global Energy Issues, Inderscience Enterprises Ltd, vol. 29(1/2), pages 181-198.
    4. Lund, H. & Mathiesen, B.V., 2009. "Energy system analysis of 100% renewable energy systems—The case of Denmark in years 2030 and 2050," Energy, Elsevier, vol. 34(5), pages 524-531.
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