Thursday, 29 September 2016
09:00 - 10:30 Making electricity markets fit for wind
Integrating wind power into the electricity market  
          

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.

Co-chair(s):

Tiago Soares DTU, Denmark
Co-authors:
Tiago Soares (1) ^F Pierre Pinson (1) Hugo Morais (2)
(1) Technical University of Denmark, Lyngby, Denmark (2) EDF Lab Clamart, Clamart, France