Browsing Department of Business and Management Science by Subject "wind power"
Now showing items 1-3 of 3
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Dead battery? Wind power, the spot market, and hydro power interaction in the Nordic electricity market
(Discussion paper;2011:16, Working paper, 2011-09)It is well established within both the economics and power system engineering literature that hydro power can act as a complement to large amounts of intermittent energy. In particular, hydro power can act as a "battery" ... -
Pricing wind: A revenue adequate, cost recovering uniform price for electricity markets with intermittent generation
(Discussion paper;15/16, Working paper, 2016-09-06)With greater penetration of renewable generation, the uncertainty faced in electricity markets has increased substantially. Conventionally, generators are assigned a pre-dispatch quantity in advance of real time, based on ... -
The decision to scrap a wind turbine : opportunity cost, timing and policy
(Discussion paper;2011:17, Working paper, 2011-09)This paper attempts to empirically identify the key factors involved in the decision to scrap a wind turbine using data from Denmark. The importance of the opportunity cost of operating an older wind turbine is shown to ...