Efficient Grid Extension for Strongly Fluctuating Energy Sources
The statistical distribution function of the yield of a source of strongly varying output is usually presented as a ‘power-duration-curve’. We show that the decisive economic curve representing the marginal benefit of such fluctuating sources like wind energy can be derived directly from this distri...
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Veröffentlicht in: | Zeitschrift für Energiewirtschaft 2010, Vol.34 (3), p.223-233 |
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creator | Jarass, Lorenz Obermair, Gustav M. |
description | The statistical distribution function of the yield of a source of strongly varying output is usually presented as a ‘power-duration-curve’. We show that the decisive economic curve representing the marginal benefit of such fluctuating sources like wind energy can be derived directly from this distribution function. This may allow to determine the optimum investment in renewable energy systems.
As one application we determine the economic optimum limit power of high voltage lines devoted to long distance transmission of wind energy as the intersection of the marginal-benefit-curve of the energy produced and the marginal-cost-curve of the transmission line. |
doi_str_mv | 10.1007/s12398-010-0029-6 |
format | Article |
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subjects | Economics and Management Energy Energy industry Energy market Energy Policy Energy Systems Market structure Network industries Renewable and Green Energy |
title | Efficient Grid Extension for Strongly Fluctuating Energy Sources |
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