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The short-term impact of diversifying a thermally dominant generation mix with varying degrees of renewable resources, notably wind and hydro, is assessed in this paper. This assessment accounts for the main technical and/or physical limitations to such diversification, namely, ramp and reserve requirements and hydro energy limits, and determines the most economic levels of wind integration and installed...
This paper studies the impact of wind generation on system balancing costs. The paper makes use of a novel and rich dataset on half-hourly and five-minute generation by fuel and generation type and system balancing prices and volumes made available by the UK market and systems operator for every period from November 2008 to November 2011. An econometric cost function approach is used, where the total...
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