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Improving wind power market value with various aspects of diversification

dc.contributor.authorVrana, Til Kristian
dc.contributor.authorSvendsen, Harald Georg
dc.contributor.authorKorpås, Magnus
dc.contributor.authorCouto, António
dc.contributor.authorEstanqueiro, Ana
dc.contributor.authorFlynn, Damian
dc.contributor.authorHolttinen, Hannele
dc.contributor.authorHärtel, Philipp
dc.contributor.authorKoivisto, Matti
dc.contributor.authorLantz, Eric
dc.contributor.authorFrew, Bethany
dc.date.accessioned2023-07-25T07:31:29Z
dc.date.available2023-07-25T07:31:29Z
dc.date.created2023-07-06T10:56:49Z
dc.date.issued2023
dc.identifier.isbn979-8-3503-1258-4
dc.identifier.urihttps://hdl.handle.net/11250/3081180
dc.description.abstractThe wind generation share in many European bidding zones is now large enough to affect the market value of wind power, and wind energy is getting less-than-average market price in day-ahead markets. As alternatives to investing in dedicated energy storage, there are two main ways to mitigate the decreasing market value trend. The first is employing different diversification measures (geographical spread, alternative wind turbine technologies, integration with solar). The second is implementing demand flexibility measures. Examples of these measures from some European and USA studies are given in this article, which stems from the international collaboration under IEA Wind TCP Tasks 25 and 53.en_US
dc.description.abstractImproving wind power market value with various aspects of diversificationen_US
dc.language.isoengen_US
dc.publisherIEEEen_US
dc.relation.ispartof2023 19th International Conference on the European Energy Market - EEM
dc.rightsNavngivelse 4.0 Internasjonal*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/deed.no*
dc.titleImproving wind power market value with various aspects of diversificationen_US
dc.title.alternativeImproving wind power market value with various aspects of diversificationen_US
dc.typeChapteren_US
dc.description.versionacceptedVersionen_US
dc.identifier.cristin2161187
dc.relation.projectEC/H2020/864276en_US
dc.relation.projectNorges forskningsråd: 328750en_US
cristin.ispublishedtrue
cristin.fulltextpostprint
cristin.qualitycode1


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