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The Potential for Wind Energy Meeting Electricity Needs on Vancouver Island AgEcon
Prescott, Ryan; van Kooten, G. Cornelis; Zhu, Hui.
In this paper, an in-depth analysis of power supply and demand on Vancouver Island is used to provide information about the optimal allocation of power across ‘generating’ sources and to investigate the economics of wind generation and penetrability into the Island grid. The methodology developed can be extended to a region much larger than Vancouver Island. Results from the model indicate that Vancouver Island could experience blackouts in the near future unless greater name-plate capacity is developed. While wind-generated energy has the ability to contribute to the Island’s power needs, the problem with wind power is its intermittency. The results indicate that wind power may not be able to prevent shortfalls, regardless of the overall name-plate...
Tipo: Working or Discussion Paper Palavras-chave: Economics of wind power; Grid system modeling; Operations research; Environmental Economics and Policy; Resource /Energy Economics and Policy; Q40; Q42; Q50.
Ano: 2006 URL: http://purl.umn.edu/37032
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