Statistical Analysis of the Impact of Wind Power on Market Quantities and Power Flows

Publication: Research - peer-reviewArticle in proceedings – Annual report year: 2012

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In view of the increasing penetration of wind power in a number of power systems and markets worldwide, we discuss some of the impacts that wind energy may have on market quantities and cross-border power flows. These impacts are uncovered through statistical analyses of actual market and flow data in Europe. Due to the dimensionality and nonlinearity of these effects, the necessary concepts of dimension reduction using Principal Component Analysis (PCA), as well as nonlinear regression are described. Example application results are given for European cross-border flows, as well as for the impact of load and wind power forecasts on Danish and German electricity markets.
Original languageEnglish
Title2012 IEEE Power and Energy Society General Meeting
Number of pages8
PublisherIEEE
Publication date2012
ISBN (print)978-1-4673-2727-5
ISBN (electronic)978-1-4673-2728-2
DOIs
StatePublished

Conference

Conference2012 IEEE Power & Energy Society General Meeting
CountryUnited States
CitySan Diego, CA
Period22/07/1226/07/12
Internet addresshttp://pes-gm.org/2012/
CitationsWeb of Science® Times Cited: No match on DOI
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