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Renewable energy integration into the Australian National Electricity Market: Characterising the energy value of wind and solar generation AgEcon
Boerema, Nicholas; Kay, Merlinde; MacGill, Iain.
This paper examines how key characteristics of the underlying wind and solar resources may impact on their energy value within the Australian National Electricity Market(NEM). Analysis has been performed for wind generation using half hour NEM data for South Australia over the 2008-9 financial year. The potential integration of large scale solar generation has been modelled using direct normal solar radiant energy measurements from the Bureau of Meteorology for six sites across the NEM. For wind energy, the level and variability of actual wind farm outputs in South Australia is analysed. High levels of wind generation in that State have been found to have a strong secondary effect on spot prices. Wind generation's low operating costs will see it displacing...
Tipo: Report Palavras-chave: Energy value; Integration; NEM; Solar; Variability; Wind; Environmental Economics and Policy; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/107740
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