DocumentCode
1720542
Title
Future provision of control reserve from offshore wind farms: An analysis of benefits and barriers
Author
Papaefthymiou, Georgios ; van Doorn, Joris ; Kakorin, Andrej ; van der Meijden, Mart ; Laurisch, Lilian ; Meulenbroeks, Jan-Willem ; Nabe, Christian
Author_Institution
Power Syst. & Markets Unit, Ecofys, Berlin, Germany
fYear
2015
Firstpage
1
Lastpage
5
Abstract
The rapidly growing share of renewable energy sources in the power market causes new challenges on system security. With conventional power plants exiting the market, the provision of ancillary services (AS) by renewable power plants is gaining in importance. Offshore wind farms (OWFs), having a relatively stable feed-in, seem particular suitable for the provision of negative control reserve (down regulation of power). This paper quantitatively assesses potentials for additional OWF revenues and system cost savings coming with the participation of OWFs in the German negative tertiary control reserve (TCR) market. The analysis is conducted with a market model which uses the historical situation in 2013 as a basis and forecasts market conditions at higher penetration levels of offshore wind. The paper shows that OWFs can generate revenues and save system costs on the market for negative TCR, which is true at low, but also at high penetration levels of wind. The quality of wind speed forecasts is pointed out as strong determinant of OWF revenues and system cost saving potentials. We investigate the key market barriers in distinct case studies and we show which market design changes could substantially increase the attractiveness of the negative TCR market for OWFs by adding flexibility to the market and reducing market barriers for fluctuating energy sources.
Keywords
offshore installations; power markets; wind power plants; Germany; OWF revenue; ancillary service; control reserve provision; negative TCR market; negative control reserve; negative tertiary control reserve market; offshore wind farm; power market; renewable energy source; renewable power plant; system cost saving; wind speed forecast; Data models; Power systems; Predictive models; Wind farms; Wind forecasting; Wind power generation; ancillary services; control reserve; offshore wind farms; power economics; wind power forecast;
fLanguage
English
Publisher
ieee
Conference_Titel
European Energy Market (EEM), 2015 12th International Conference on the
Conference_Location
Lisbon
Type
conf
DOI
10.1109/EEM.2015.7216710
Filename
7216710
Link To Document