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

Pierre Pinson (Invited author), Tryggvi Jónsson (Invited author), Marco Zugno (Invited author), Juan Miguel Morales González (Invited author), Henrik Madsen (Invited author)

    Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

    Abstract

    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
    Title of host publication2012 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
    Publication statusPublished - 2012
    Event2012 IEEE Power & Energy Society General Meeting - Manchester Grand Hyatt, San Diego, CA, United States
    Duration: 22 Jul 201226 Jul 2012
    http://pes-gm.org/2012/

    Conference

    Conference2012 IEEE Power & Energy Society General Meeting
    LocationManchester Grand Hyatt
    CountryUnited States
    CitySan Diego, CA
    Period22/07/201226/07/2012
    Internet address

    Cite this

    Pinson, P., Jónsson, T., Zugno, M., Morales González, J. M., & Madsen, H. (2012). Statistical Analysis of the Impact of Wind Power on Market Quantities and Power Flows. In 2012 IEEE Power and Energy Society General Meeting IEEE. https://doi.org/10.1109/PESGM.2012.6345490