Wind variability and impact on markets

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Level 3 Seminar Room

Mechanical Engineering

200 Grattan St

Parkville, VIC 3010

Australia

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In this seminar, Professor Ross Baldick will discuss the growth of wind in Texas and the challenges to electricity system operation under high levels of wind.

Texas has, by far, the highest wind penetration of the three interconnections in the United States and the highest penetration of any balancing area, so that Texas is a microcosm of high wind challenges.

To understand some of these challenges, Prof. Baldick will describe statistical modelling of wind power production, utilising a so-called generalised dynamic factor model and investigating the characteristic Kolmogorov spectrum of wind power.

This modelling allows understanding of the manner in which wind power and wind power variability will scale with increased capacity.

Findings demonstrate that aggregation of large amounts of wind capacity across large areas of the United States will mitigate short-term variability, but generally will not completely ameliorate intermittency over longer time scales.

Prof. Baldick will end by describing the implications for the electricity system and for organised wholesale markets, including commitment of thermal resources to meet net load, and zero and negative wholesale prices.

Speaker

Dr. Ross Baldick is Professor Emeritus in the Department of Electrical & Computer Engineering at The University of Texas at Austin. Read his full bio on the MEI event page.


Date and Time

Location

Level 3 Seminar Room

Mechanical Engineering

200 Grattan St

Parkville, VIC 3010

Australia

View Map

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