Download or read book Wind Energy and Electricity Prices written by and published by EWEA. This book was released on 2010 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Wind Energy and Electricity Prices written by European Wind Energy Association and published by . This book was released on 2010 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economics of Wind Energy written by and published by EWEA. This book was released on 2009 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Chasing the Sun and Catching the Wind Energy Transition and Electricity Prices in Europe written by Mr. Serhan Cevik and published by International Monetary Fund. This book was released on 2022-11-04 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: European power markets are in the midst of unprecedented changes, with a record-breaking surge in energy prices.This paper investigates the impact of green power resources on the level and volatility of wholesale electricity prices at a granular level, using monthly observations for a panel of 24 European countries over the period 2014–2021 and alternative estimation methods including a panel quantile regression approach. We find that renewable energy is associated with a significant reduction in wholesale electricity prices in Europe, with an average impact of 0.6 percent for each 1 percentage points increase in renewable share. We also find evidence for a nonlinear effect—that is, higher the share of renewables, the greater its effect on electricity prices. On the other hand, while quantile estimation results are mixed with regards to the impact of renewables on the volatility of electricity prices, we obtain evidence that renewable energy has a negative effect on volatility at the highest quantiles. Overall, our analysis indicates that policy reforms can help accelerate the green transition while minimizing the volatility in electricity prices.
Download or read book Assessing the Impact of Wind Energy on Electricity Prices in Germany written by Manuel P. Mezger and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book U S Wind Power Industry Market written by Liam E. Dempsey and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite grim predictions at the close of 2008, the U.S. wind power industry experienced yet another record year in 2009, once again surpassing even optimistic growth projections from years past. At the same time, the combination of the financial crisis and lower wholesale electricity prices has taken a toll on the wind power industry, dampening expectations for 2010. This book examines the U.S. wind power industry market conditions and trends, and analyses the impact of wind energy installations on domestic manufacturing and trade.
Download or read book Wind Energy Explained written by James F. Manwell and published by John Wiley & Sons. This book was released on 2010-09-14 with total page 704 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wind energy’s bestselling textbook- fully revised. This must-have second edition includes up-to-date data, diagrams, illustrations and thorough new material on: the fundamentals of wind turbine aerodynamics; wind turbine testing and modelling; wind turbine design standards; offshore wind energy; special purpose applications, such as energy storage and fuel production. Fifty additional homework problems and a new appendix on data processing make this comprehensive edition perfect for engineering students. This book offers a complete examination of one of the most promising sources of renewable energy and is a great introduction to this cross-disciplinary field for practising engineers. “provides a wealth of information and is an excellent reference book for people interested in the subject of wind energy.” (IEEE Power & Energy Magazine, November/December 2003) “deserves a place in the library of every university and college where renewable energy is taught.” (The International Journal of Electrical Engineering Education, Vol.41, No.2 April 2004) “a very comprehensive and well-organized treatment of the current status of wind power.” (Choice, Vol. 40, No. 4, December 2002)
Download or read book Wind Energy and the Electricity Prices written by and published by . This book was released on 2010 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Wind Energy The Facts written by European Wind Energy Association and published by Routledge. This book was released on 2012-05-04 with total page 594 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wind power is often held up as the most accessible and cost-effective route to reducing our reliance on fossil fuels and improving our energy independence, yet knowledge of what it offers is often clouded by myths and misunderstandings, which can hamper its adoption. This new book, the result of an ambitious project coordinated by the European Wind Energy Association, aims to present the facts about wind energy. It includes six sections discussing: technology grid integration economics of wind its industry and markets its environmental impacts the scenarios and targets for wind energy. Contributions are drawn from nine leading research bodies across Europe, and the material is global in its scope. It is therefore an essential resource and reference for those whose work or study demands an in-depth examination of the subject, and for anyone who wants detailed, accurate and up-to-date information on this key energy source.
Download or read book Economics of Offshore Wind Power written by Rahmatallah Poudineh and published by Springer. This book was released on 2017-11-13 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides an overview of the policy frameworks that have been employed to support offshore wind power, and their efficacy in nurturing sustainable cost reductions across the industry.A growing number of countries are increasingly receptive to the prospect of implementing policies to support the deployment of large-scale renewable energy. The promise of carbon-free, utility-scale power generation from offshore wind farms has incentivised and nurtured offshore wind development. However, the high relative costs of deploying offshore wind compared to alternatives have a history of making it political divisive pursuit. At the same time when many countries are just beginning to explore the possibility of developing an offshore wind industry, many other countries are experiencing what can be described as policy fatigue over supporting offshore wind. If cost reductions are not proven sustainable by the early 2020’s, then government support for offshore wind may start to erode and even completely evaporate in several key offshore wind markets – with global repercussions. This book will provide the reader with a clear picture of the current status and future challenges of the offshore wind industry globally, incorporating both a technical analysis of the cost drivers as well as a detailed analysis of policy design and economics of industry.
Download or read book Renewable Power Generation Costs in 2019 written by International Renewable Energy Agency IRENA and published by International Renewable Energy Agency (IRENA). This book was released on 2020-06-01 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: IRENA’s latest global cost study shows solar and wind power reaching new price lows. The report highlights cost trends for all major renewable electricity sources.
Download or read book U S Renewable Electricity How Does Wind Generation Impact Competitive Power Markets written by Phillip Brown and published by Createspace Independent Pub. This book was released on 2012-11-23 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: U.S. wind power generation has experienced rapid growth in the last 20 years as total installed capacity has increased from 1,500 megawatts (MW) in 1992 to more than 50,000 MW in August of 2012. According to the Energy Information Administration (EIA), wind power provided approximately 3% of total U.S. electricity generation in 2011. Two primary policies provide market and financial incentives that support the wind industry and have contributed to U.S. wind power growth: (1) production tax credit (PTC)—a federal tax incentive of 2.2 cents for each kilowatt-hour (kWh) of electricity produced by a qualified wind project (set to expire for new projects at the end of 2012), and (2) renewable portfolio standards (RPS)—state-level policies that encourage renewable power by requiring that either a certain percentage of electricity be generated by renewable energy sources or a certain amount of qualified renewable electricity capacity be installed. The concentration of wind power projects within competitive power markets managed by regional transmission operators (RTOs), the focus of this report, has resulted in several concerns expressed by power generators and other market participants. Three specific concerns explored in this report include: (1) How might wind power affect wholesale market clearing prices? (2) Does wind power contribute to negative wholesale power price events? and (3) Does wind power impact electric system reliability? These concerns might be considered during congressional debate about the future of wind PTC incentives. When considering the potential impacts of wind power on electric power markets, it is important to recognize that wholesale power markets are both complex and multi-dimensional. Wholesale power markets are influenced by a number of factors, including weather, electricity demand, natural gas prices, transmission constraints, and location. Therefore, determining the direct impact of a single variable, in this case wind power, on the financial economics of power generators can be difficult. In 2012, wholesale electric power prices were down from recent highs in 2008, and lower price trends can result in financial pressure for power generators in RTO markets. Arguably, however, the two primary contributors to this decline are low natural gas prices and low electricity demand. Wind power generation can potentially reduce wholesale electricity prices, in certain locations and during certain seasons and times of day, since wind typically bids a zero ($0.00) price into wholesale power markets. Additionally, independent market monitor reports for three different RTOs each indicate that wind generators will sometimes bid a negative wholesale price in order to ensure electricity dispatch. The ability of wind generators to bid negatively priced power is generally attributed to value associated with PTC incentives and the ability to sell renewable energy credits (REC). However, wholesale power price reductions and negative electricity prices associated with wind generation need to be considered in context with other dimensions of organized power markets. The absolute impact of wind electricity on the economics of power generators is difficult to determine due to the many variables and dimensions that influence wholesale power markets. With regard to how wind power might impact electricity system reliability, two aspects of reliability are typically discussed: (1) impacts to system operations—the ability of the power system to manage the variable and sometimes unpredictable nature of wind power production, and (2) resource adequacy and capacity margins—the potential for wind power generation to either influence power plant retirements or contribute to market conditions that do not support investment in new capacity resources.
Download or read book Energy Wind written by Donald Marples and published by The Capitol Net Inc. This book was released on 2010-05-11 with total page 812 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since early recorded history, people have been harnessing the energy of the wind. In the United States in the late 19th century, settlers began using windmills to pump water for farms and ranches, and later, to generate electricity for homes and industry. Industrialism led to a gradual decline in the use of windmills. The steam engine replaced European water-pumping windmills, and in the 1930s, the Rural Electrification Administration's programs brought inexpensive electric power to most rural areas in the United States. However, industrialization also sparked the development of larger windmills, wind turbines, to generate electricity.
Download or read book Social Costs of Energy Consumption written by Olav Hohmeyer and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: It has become apparent that the market diffusion of systems using new and renewable sources of energy such as solar systems, wind energy converters etc. is taking place more slowly than expected (see e.g. Jochem et al. 1986, p. 338). This indicates that various barriers to the market introduction of such technologies have been underestimated. This hypothesis is supported by the accelerating effect of strong financial incentives on market diffusion rates of wind energy systems in such countries as Denmark and the USA (see Jochem et al. 1986, p. 340f). It is often pointed out that the macroeconomic and social advantages of new energy technologies such as environmental attractiveness, reduction of dependence on energy imports, or resource preservation and the hidden costs of conventional energy systems are not adequately represented in microeconomic evaluations (see Wicke 1986, p. 12 or Solow 1982, p. 32). The general market pricing mechanism does not seem to work adequately in such cases. In any seriously distorted market, government has to compensate by internalizing the external effects of economic processes (see e.g. Solow 1982, p. 31 or Osterkamp/Schneider 1982, p. 27). Therefore, research efforts to estimate the full costs of energy systems to society are necessary. The knowledge of these full social costs of energy could enable government to take corrective action to help the market mechanism achieve an optimal allocation of resources.
Download or read book The Effects of Electricity Prices on Productive Efficiency of States Wind Power Performances in the United States written by Ümit Saglam and published by . This book was released on 2019 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wind power is the largest renewable energy source which produces a negligible amount of greenhouse gas (GHG) emissions, has gained enormous attention in the electricity generation sector over the past decade in the United States. In this study, a Data Envelopment Analysis (DEA) is implemented to quantitatively evaluate the relative efficiencies of the 39 states' wind power productivity for the electricity generation. Eight output-oriented CCR (Charnes, Cooper, and Rhodes) models are developed with different combinations of pre-determined four input and five output variables to investigate the effect of electricity prices on the productive efficiency and to test the robustness of the DEA models. The DEA results indicate that two-thirds of the states operate wind power efficiently. Although the high retail price of electricity has a significant contribution to the productive efficiency of the six states, it does not affect the relative efficiency scores of the nineteen states. The location and the size of operation are not advantages or disadvantages for operating wind power at the most productive scale.
Download or read book Electricity Generation Using Wind Power Second Edition written by William Shepherd and published by World Scientific. This book was released on 2017-01-05 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is wind power the answer to our energy supply problems? Is there enough wind for everyone? Is offshore generation better than onshore generation? Can a roof-mounted wind turbine generate enough electricity to supply a typical domestic household?Electricity Generation Using Wind Power (2nd Edition) answers these pressing questions through its detailed coverage of the different types of electrical generator machines used, as well as the power electronic converter technologies and control principles employed. Also covered is the integration of wind farms into established electricity grid systems, plus environmental and economic aspects of wind generation.Written for technically minded readers, especially electrical engineers concerned with the possible use of wind power for generating electricity, it incorporates some global meteorological and geographical features of wind supply plus a survey of past and present wind turbines. Included is a technical assessment of the choice of turbine sites. The principles and analysis of wind power conversion, transmission and efficiency evaluation are described.This book includes worked numerical examples in some chapters, plus end of chapter problems and review questions, with answers. As a textbook it is pitched at the level of final year undergraduate engineering study but may also be useful as a textbook or reference for wider technical studies.
Download or read book Powering Europe Wind Energy and the Electrical Grid written by and published by EWEA. This book was released on with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt:
