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Managing Water Shortages in the Western Electricity Grids AgEcon
Scorah, Hugh; Sopinka, Amy; van Kooten, G. Cornelis.
British Columbia’s electricity grid is comprised primarily of hydroelectric generating assets. The ability to store water in reservoirs is a significant advantage for the province allowing it to import from Alberta when prices are favourable. Alberta, has a heavily fossil-fuel based electricity portfolio, but has seen substantial growth in its wind energy capacity. However this variable energy technology impacts the province’s grid operations. Wind energy is both variable and uncertainty. However, wind energy in Alberta can be stored via BC’s reservoir systems. In this paper, we examine the extent that drought impacts the both overall operating costs as well as the cost of reducing CO2 emissions. We model the Alberta and BC interconnected grids varying...
Tipo: Working or Discussion Paper Palavras-chave: Wind power; Carbon costs; Electrical grids; Mathematical programming; Resource /Energy Economics and Policy; Q54; Q41; C61.
Ano: 2010 URL: http://purl.umn.edu/59701
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The Economics of Tidal Stream Power AgEcon
Boronowski, S.; Monahan, K.; van Kooten, G. Cornelis.
Renewable solar, tidal and wind energy have the potential of reducing dependency on fossil fuels and their environmentally negative impacts. Because of their variability, wind and solar energy in particular impose added costs on electrical grids as system operators attempt to balance operation of existing thermal power plants. In this regard, tidal stream power has an advantage over solar and wind energy as tides are predictable and comparatively regular; yet, tides remain intermittent and thereby still may create inefficiencies to the grid. In this paper, we develop a dynamic optimization framework for analyzing the allocation of power output across generating sources when tidal and wind power are added to the system. In particular, we minimize the cost...
Tipo: Conference Paper or Presentation Palavras-chave: Renewable energy; Electrical grids; Mathematical programming models; Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/44260
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