The Resource Economic curtailment of intermittent renewable energy sources, Arthur Henriot

Economic curtailment of intermittent renewable energy sources, Arthur Henriot

Label
Economic curtailment of intermittent renewable energy sources
Title
Economic curtailment of intermittent renewable energy sources
Statement of responsibility
Arthur Henriot
Creator
Contributor
Author
Subject
Language
eng
Summary
In a power system featuring a large share of intermittent renewable energy sources (RES) and inflexible thermal generators, efficiency gains on generation costs could be achieved by curtailing the production of RES. However, as RES feature very low variable production costs, over-curtailment can be costly. In this article, we use a stylised analytical model to assess this trade-off. We show that while curtailing RES when their variability is high and the system flexibility is low can reduce generation costs, the different stakeholders (consumers, dispatchable generators, RES) will not necessarily benefit from such measures. As a consequence, generators will opt for a sub-optimal level of curtailment, and this level of curtailment should rather be set by the TSO. Either incentive to provide the TSO with accurate forecasts of RES availability, or alternatively centralised forecasting by the TSO, should then be put into place to solve the resulting problem of asymmetry of information
Member of
Cataloging source
IT-FiEUI
http://library.link/vocab/creatorName
Henriot, Arthur
Index
no index present
Literary form
non fiction
http://library.link/vocab/relatedWorkOrContributorName
Robert Schuman Centre
Series statement
  • EUI working papers. RSC
  • EUI papers
  • Florence School of Regulation
Series volume
2014/57
http://library.link/vocab/subjectName
Renewable energy sources
Label
Economic curtailment of intermittent renewable energy sources, Arthur Henriot
Link
http://hdl.handle.net/1814/31402
Instantiates
Publication
Note
Subject: Market design; Curtailment; Large-scale renewables; Intermittency; Q42; L94
Bibliography note
Includes bibliographical references
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Control code
FIEb17601824
Dimensions
30 cm.
Extent
24 pages
Media category
unmediated
Media MARC source
rdamedia.
Media type code
n
System control number
(OCoLC)993073761
Label
Economic curtailment of intermittent renewable energy sources, Arthur Henriot
Link
http://hdl.handle.net/1814/31402
Publication
Note
Subject: Market design; Curtailment; Large-scale renewables; Intermittency; Q42; L94
Bibliography note
Includes bibliographical references
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Control code
FIEb17601824
Dimensions
30 cm.
Extent
24 pages
Media category
unmediated
Media MARC source
rdamedia.
Media type code
n
System control number
(OCoLC)993073761

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