IDEAS home Printed from https://ideas.repec.org/a/eee/rensus/v87y2018icp96-105.html
   My bibliography  Save this article

Intermittent and stochastic character of renewable energy sources: Consequences, cost of intermittence and benefit of forecasting

Author

Listed:
  • Notton, Gilles
  • Nivet, Marie-Laure
  • Voyant, Cyril
  • Paoli, Christophe
  • Darras, Christophe
  • Motte, Fabrice
  • Fouilloy, Alexis

Abstract

Solar and wind energy are inherently time-varying sources of energy on scales from minutes to seasons. Thus, the incorporation of such intermittent and stochastic renewable energy systems (ISRES) into an electricity grid provides some new challenges in managing a stable and safe energy supply, in using energy storage and/or 'back-up' energy from other sources. In such cases, the ability to accurately forecast the output of “unpredictable” energy facilities is essential for ensuring an optimal management of the energy production means. This review syntheses the reasons to predict solar or wind fluctuations, it shows that variability and stochastic variation of renewable sources have a cost, sometimes high. It provides useful information on the intermittence cost and on the decreasing of this cost due to an efficient forecasting of the source fluctuation; this paper is for engineers and researchers who are not necessarily familiar with the issue of the notions of cost and economy and justify future investments in the ISRES production forecasting.

Suggested Citation

  • Notton, Gilles & Nivet, Marie-Laure & Voyant, Cyril & Paoli, Christophe & Darras, Christophe & Motte, Fabrice & Fouilloy, Alexis, 2018. "Intermittent and stochastic character of renewable energy sources: Consequences, cost of intermittence and benefit of forecasting," Renewable and Sustainable Energy Reviews, Elsevier, vol. 87(C), pages 96-105.
  • Handle: RePEc:eee:rensus:v:87:y:2018:i:c:p:96-105
    DOI: 10.1016/j.rser.2018.02.007
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1364032118300327
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.rser.2018.02.007?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. da Silva Fonseca Junior, Joao Gari & Oozeki, Takashi & Ohtake, Hideaki & Shimose, Ken-ichi & Takashima, Takumi & Ogimoto, Kazuhiko, 2014. "Regional forecasts and smoothing effect of photovoltaic power generation in Japan: An approach with principal component analysis," Renewable Energy, Elsevier, vol. 68(C), pages 403-413.
    2. Delucchi, Mark A. & Jacobson, Mark Z., 2011. "Providing all global energy with wind, water, and solar power, Part II: Reliability, system and transmission costs, and policies," Energy Policy, Elsevier, vol. 39(3), pages 1170-1190, March.
    3. Mc Garrigle, E.V. & Leahy, P.G., 2015. "Quantifying the value of improved wind energy forecasts in a pool-based electricity market," Renewable Energy, Elsevier, vol. 80(C), pages 517-524.
    4. Lion Hirth, 2013. "The Market Value of Variable Renewables. The Effect of Solar and Wind Power Variability on their Relative Price," RSCAS Working Papers 2013/36, European University Institute.
    5. Luickx, Patrick J. & Delarue, Erik D. & D'haeseleer, William D., 2010. "Impact of large amounts of wind power on the operation of an electricity generation system: Belgian case study," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(7), pages 2019-2028, September.
    6. Paul L. Joskow, 2011. "Comparing the Costs of Intermittent and Dispatchable Electricity Generating Technologies," American Economic Review, American Economic Association, vol. 101(3), pages 238-241, May.
    7. B. Robyns & A. Davigny & C. Saudemont & A. Ansel & V. Courtecuisse & B. François & Sophie Plumel & J. Deuse, 2006. "Impact de l'éolien sur le réseau de transport et la qualité de l'énergie," Post-Print hal-00257212, HAL.
    8. Hirth, Lion & Ueckerdt, Falko & Edenhofer, Ottmar, 2015. "Integration costs revisited – An economic framework for wind and solar variability," Renewable Energy, Elsevier, vol. 74(C), pages 925-939.
    9. Hirth, Lion, 2013. "The market value of variable renewables," Energy Economics, Elsevier, vol. 38(C), pages 218-236.
    10. Notton, Gilles, 2015. "Importance of islands in renewable energy production and storage: The situation of the French islands," Renewable and Sustainable Energy Reviews, Elsevier, vol. 47(C), pages 260-269.
    11. Hirth, Lion & Ziegenhagen, Inka, 2015. "Balancing power and variable renewables: Three links," Renewable and Sustainable Energy Reviews, Elsevier, vol. 50(C), pages 1035-1051.
    12. Masa-Bote, D. & Castillo-Cagigal, M. & Matallanas, E. & Caamaño-Martín, E. & Gutiérrez, A. & Monasterio-Huelín, F. & Jiménez-Leube, J., 2014. "Improving photovoltaics grid integration through short time forecasting and self-consumption," Applied Energy, Elsevier, vol. 125(C), pages 103-113.
    13. Anderson, Dennis & Leach, Matthew, 2004. "Harvesting and redistributing renewable energy: on the role of gas and electricity grids to overcome intermittency through the generation and storage of hydrogen," Energy Policy, Elsevier, vol. 32(14), pages 1603-1614, September.
    14. Severin Borenstein, 2012. "The Private and Public Economics of Renewable Electricity Generation," Journal of Economic Perspectives, American Economic Association, vol. 26(1), pages 67-92, Winter.
    15. Katzenstein, Warren & Apt, Jay, 2012. "The cost of wind power variability," Energy Policy, Elsevier, vol. 51(C), pages 233-243.
    16. Joskow, Paul L., 2008. "Capacity payments in imperfect electricity markets: Need and design," Utilities Policy, Elsevier, vol. 16(3), pages 159-170, September.
    17. Barthelmie, R.J. & Murray, F. & Pryor, S.C., 2008. "The economic benefit of short-term forecasting for wind energy in the UK electricity market," Energy Policy, Elsevier, vol. 36(5), pages 1687-1696, May.
    18. Kaur, Amanpreet & Nonnenmacher, Lukas & Pedro, Hugo T.C. & Coimbra, Carlos F.M., 2016. "Benefits of solar forecasting for energy imbalance markets," Renewable Energy, Elsevier, vol. 86(C), pages 819-830.
    19. Diagne, Maimouna & David, Mathieu & Lauret, Philippe & Boland, John & Schmutz, Nicolas, 2013. "Review of solar irradiance forecasting methods and a proposition for small-scale insular grids," Renewable and Sustainable Energy Reviews, Elsevier, vol. 27(C), pages 65-76.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lawrence Haar, 2021. "Design Flaws in United Kingdom Renewable Energy Support Scheme," Energies, MDPI, vol. 14(6), pages 1-26, March.
    2. Lion Hirth, Falko Ueckerdt, and Ottmar Edenhofer, 2016. "Why Wind Is Not Coal: On the Economics of Electricity Generation," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
    3. Zerrahn, Alexander, 2017. "Wind Power and Externalities," Ecological Economics, Elsevier, vol. 141(C), pages 245-260.
    4. Romeiro, Diogo Lisbona & Almeida, Edmar Luiz Fagundes de & Losekann, Luciano, 2020. "Systemic value of electricity sources – What we can learn from the Brazilian experience?," Energy Policy, Elsevier, vol. 138(C).
    5. Ahmed, Adil & Khalid, Muhammad, 2019. "A review on the selected applications of forecasting models in renewable power systems," Renewable and Sustainable Energy Reviews, Elsevier, vol. 100(C), pages 9-21.
    6. Ren'e Aid & Matteo Basei & Huy^en Pham, 2017. "A McKean-Vlasov approach to distributed electricity generation development," Papers 1705.01302, arXiv.org, revised Nov 2019.
    7. López Prol, Javier & Steininger, Karl W. & Zilberman, David, 2020. "The cannibalization effect of wind and solar in the California wholesale electricity market," Energy Economics, Elsevier, vol. 85(C).
    8. René Aïd & Matteo Basei & Huyên Pham, 2017. "The coordination of centralised and distributed generation," Working Papers hal-01517165, HAL.
    9. Gorman, Will & Montañés, Cristina Crespo & Mills, Andrew & Kim, James Hyungkwan & Millstein, Dev & Wiser, Ryan, 2022. "Are coupled renewable-battery power plants more valuable than independently sited installations?," Energy Economics, Elsevier, vol. 107(C).
    10. Keppler, Jan Horst & Quemin, Simon & Saguan, Marcelo, 2022. "Why the sustainable provision of low-carbon electricity needs hybrid markets," Energy Policy, Elsevier, vol. 171(C).
    11. René Aïd & Matteo Basei & Huyên Pham, 2020. "A McKean–Vlasov approach to distributed electricity generation development," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 91(2), pages 269-310, April.
    12. Paul Simshauser & Farhad Billimoria & Craig Rogers, 2021. "Optimising VRE plant capacity in Renewable Energy Zones," Working Papers EPRG2121, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
    13. Helm, Carsten & Mier, Mathias, 2016. "Efficient diffusion of renewable energies: A roller-coaster ride," VfS Annual Conference 2016 (Augsburg): Demographic Change 145893, Verein für Socialpolitik / German Economic Association.
    14. Edenhofer, Ottmar & Hirth, Lion & Knopf, Brigitte & Pahle, Michael & Schlömer, Steffen & Schmid, Eva & Ueckerdt, Falko, 2013. "On the economics of renewable energy sources," Energy Economics, Elsevier, vol. 40(S1), pages 12-23.
    15. Johannes Pfeiffer, 2017. "Fossil Resources and Climate Change – The Green Paradox and Resource Market Power Revisited in General Equilibrium," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 77.
    16. Zipp, Alexander, 2017. "The marketability of variable renewable energy in liberalized electricity markets – An empirical analysis," Renewable Energy, Elsevier, vol. 113(C), pages 1111-1121.
    17. Hirth, Lion & Ueckerdt, Falko & Edenhofer, Ottmar, 2015. "Integration costs revisited – An economic framework for wind and solar variability," Renewable Energy, Elsevier, vol. 74(C), pages 925-939.
    18. Philipp Beiter & Aubryn Cooperman & Eric Lantz & Tyler Stehly & Matt Shields & Ryan Wiser & Thomas Telsnig & Lena Kitzing & Volker Berkhout & Yuka Kikuchi, 2021. "Wind power costs driven by innovation and experience with further reductions on the horizon," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 10(5), September.
    19. Zipp, Alexander, 2015. "Revenue prospects of photovoltaic in Germany—Influence opportunities by variation of the plant orientation," Energy Policy, Elsevier, vol. 81(C), pages 86-97.
    20. Pietzcker, Robert C. & Ueckerdt, Falko & Carrara, Samuel & de Boer, Harmen Sytze & Després, Jacques & Fujimori, Shinichiro & Johnson, Nils & Kitous, Alban & Scholz, Yvonne & Sullivan, Patrick & Ludere, 2017. "System integration of wind and solar power in integrated assessment models: A cross-model evaluation of new approaches," Energy Economics, Elsevier, vol. 64(C), pages 583-599.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:rensus:v:87:y:2018:i:c:p:96-105. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.