Assessing the Impact of Wind Power Generation on Operating Costs
Journal article, 2010

Wind power generation is taking an increasing share of the overall energy production in many power systems. While its low marginal operating cost reduces the overall cost of meeting the demand for electrical energy, the stochastic and intermittent nature of wind generation increases the uncertainty that the system operators face and obliges them to procure additional reserve capacity. This paper presents a methodology for quantifying fully the effect of wind power generation on the various components of the cost of operating the system.

power generation scheduling

value of lost load

wind power generation

wind power plants

power generation economics

power generation dispatch

operating reserve

Expected energy not served

power systems


Miguel Ortega-Vazquez

Chalmers, Energy and Environment, Electric Power Engineering

Daniel Kirschen

University of Manchester

IEEE Transactions on Smart Grid

1949-3053 (ISSN)

Vol. 1 3 295-301

Driving Forces

Sustainable development

Areas of Advance


Subject Categories

Other Electrical Engineering, Electronic Engineering, Information Engineering



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