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000054370 084__ $$aQ54
000054370 084__ $$aQ41
000054370 084__ $$aC61
000054370 245__ $$aWind Power: The Economic Impact of Intermittency
000054370 260__ $$c2009-06
000054370 269__ $$a2009-06
000054370 270__ $$mkooten@uvic.ca$$pvan Kooten,   G. Cornelis
000054370 300__ $$a26
000054370 336__ $$aWorking or Discussion Paper
000054370 490__ $$aREPA Working Paper
000054370 490__ $$a2009-04
000054370 520__ $$aWind is the fastest growing renewable energy source for generating electricity, but economic research lags behind. In this study, therefore, we examine the economics of integrating large-scale wind energy into an existing electrical grid. Using a simple grid management model to investigate the impact of various levels of wind penetration on grid management costs, we show that costs of reducing CO2 emissions by relying more on wind power depend on the generation mix of the existing electricity grid and the degree of wind penetration, with costs ranging from $21 to well over $1000 per tonne of CO2 reduced. Costs are lowest if wind displaces large amounts of fossil fuel production and there is some hydroelectric power to act as a buffer. Hydro capacity has the ability to store wind generated power for use at more opportune times. If wind does nothing more than replace hydro or nuclear power then the environmental benefits (reduced CO2 emissions) of investing in wind power are small.
000054370 542__ $$fLicense granted by Linda Voss (repa@uvic.ca) on 2009-10-26T19:02:35Z (GMT):

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000054370 650__ $$aEnvironmental Economics and Policy
000054370 650__ $$aResource /Energy Economics and Policy
000054370 6531_ $$aWind power
000054370 6531_ $$acarbon costs
000054370 6531_ $$aelectricity grids
000054370 6531_ $$amathematical programming
000054370 700__ $$avan Kooten, G. Cornelis
000054370 8564_ $$s399329$$uhttp://ageconsearch.umn.edu/record/54370/files/WorkingPaper2009-04.pdf
000054370 887__ $$ahttp://purl.umn.edu/54370
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000054370 912__ $$nSubmitted by Linda Voss (repa@uvic.ca) on 2009-10-26T19:08:31Z
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  Previous issue date: 2009-06
000054370 982__ $$gUniversity of Victoria>Resource Economics and Policy Analysis Research Group>Working Papers
000054370 980__ $$a1778