Title :
Impact of Wind on the LMP Market
Author_Institution :
Midwest ISO
fDate :
Oct. 29 2006-Nov. 1 2006
Abstract :
The Midwest ISO (MISO) area has a projected supply of over 600,000 Mw of rated wind generation. Simulated LMP prices, production cost changes and area generation capacity factor changes for 15%, 20% and 25% wind energy penetration are presented in this paper. MISO has a little over a year of actual coordinated energy market LMP data and measured wind generation. Nine months of the actual data is presented in this paper. The wind energy does not correlate well with the load, but the wind energy provides a value in reduced costs to the load
Keywords :
power markets; wind power; wind power plants; LMP market; MISO; Midwest ISO; energy market; generation capacity factor; measured wind generation; production cost; wind energy penetration; Coordinate measuring machines; Costs; Energy measurement; Helium; ISO; Neodymium; Pricing; Production systems; Wind energy; Wind energy generation;
Conference_Titel :
Power Systems Conference and Exposition, 2006. PSCE '06. 2006 IEEE PES
Conference_Location :
Atlanta, GA
Print_ISBN :
1-4244-0177-1
Electronic_ISBN :
1-4244-0178-X
DOI :
10.1109/PSCE.2006.296299
