Determining the Capacity Value of Wind: A Survey of Methods and Implementation; Preprint
This paper focuses on methodologies for determining the capacity value of generating resources, including wind energy and summarizes several important state and regional studies. Regional transmission organizations, state utility regulatory commissions, the North American Electric Reliability Council, regional reliability councils, and increasingly, the Federal Energy Regulatory Commission all advocate, call for, or in some instances, require that electric utilities and competitive power suppliers not only have enough generating capacity to meet customer demand but also have generating capacity in reserve in case customer demand is higher than expected, or if a generator or transmission line goes out of service. Although the basic concept is the same across the country, how it is implemented is strikingly different from region to region. Related to this question is whether wind energy qualifies as a capacity resource. Wind's variability makes this a matter of great debate in some regions. However, many regions accept that wind energy has some capacity value, albeit at a lower value than other energy technologies. Recently, studies have been published in California, Minnesota and New York that document that wind energy has some capacity value. These studies join other initiatives in PJM, Colorado, and in other states and regions.
- Research Organization:
- National Renewable Energy Lab., Golden, CO (US)
- Sponsoring Organization:
- US Department of Energy (US)
- DOE Contract Number:
- AC36-99-GO10337
- OSTI ID:
- 15016291
- Report Number(s):
- NREL/CP-500-38062; TRN: US200512%%272
- Resource Relation:
- Conference: Prepared for WindPower 2005, Denver, CO (US), 05/15/2005--05/18/2005; Other Information: PBD: 1 May 2005
- Country of Publication:
- United States
- Language:
- English
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