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09:00 - 10:30 Making electricity markets fit for wind
Integrating wind power into the electricity market
Room: Hall D
Wind power is variable and dependent on the weather, so fundamentally different from classic fuel-based power. Electricity markets wereoriginally designed with conventional central power stations in mind, but the developments in the last two decades have introduced ever larger amounts of renewable energy.
The session provides an overview of the different markets for wind power, and on the role wind power can play in those. The main angle of the session is money, but the underlying need to balance the grid at all times can be monetized in different ways. The session also shows how wind power can be a good grid citizen, and get access to different income than just to sell the power.
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Learning objectives
- Wind power in the different markets;
- Different markets for wind power;
- Cost, value and income opportunities of wind power.
Peter Sandborn
Professor, University of Maryland, United States
A Modified Levelized Cost of Energy (LCOE) Model to Provide Bid Comparisons for Power Purchase Agreements
Alex Coulton
Senior Policy Analyst, RES Group, United Kingdom
System integration costs and the UK: the good, the bad and the ugly
Adrian Timbus
Technology and Solutions Manager, ABB, Switzerland
Enabling ancillary services from wind farms
Tiago Soares
PhD Student, DTU, Denmark
Wind offering in energy and reserve markets
Andrei Morch
Research Scientist, SINTEF Energy, Norway
Post-2020 framework for a liberalised electricity market with large share of renewable energy sources
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