Decision support tool to evaluate alternative policies regulating wind integration into autonomous energy systems
✍ Scribed by N. Zouros; G.C. Contaxis; J. Kabouris
- Book ID
- 104018012
- Publisher
- Elsevier Science
- Year
- 2005
- Tongue
- English
- Weight
- 307 KB
- Volume
- 33
- Category
- Article
- ISSN
- 0301-4215
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✦ Synopsis
Integration of wind power into autonomous electricity systems strongly depends on the specific technical characteristics of these systems; the regulations applied should take into account physical system constraints. Introduction of market rules makes the issue even more complicated since the interests of the market participants often conflict each other. In this paper, an integrated tool for the comparative assessment of alternative regulatory policies is presented along with a methodology for decision-making, based on alternative scenarios analysis. The social welfare concept is followed instead of the traditional Least Cost Planning.