| Title | The Controllability of Real Things: Planning for Wind Integration |
| Publication Type | Journal Article |
| Year of Publication | 2015 |
| Authors | Wooyoung Jeon, Alberto J Lamadrid, Jung Youn Mo, Timothy D Mount |
| Journal | The Electricity Journal |
| Volume | 28 |
| Issue | 1 |
| Pagination | 19 - 28 |
| Date Published | 01/2015 |
| ISSN | 10406190 |
| Keywords | CERTS, reliability and markets, renewables integration, RM07-002, wind power |
| Abstract | The authors employed a novel optimization framework coupled with an econometric model of wind to study market performance. One conclusion: in circumstances with high uncertainty in the market – as with high penetration of renewables – relying more on a real-time market, similar to the National Electricity Market in Australia, may be a better way to deal with this uncertainty because it uses updated and more accurate information about the wind variability. |
| URL | http://www.sciencedirect.com/science/article/pii/S1040619014002875 |
| DOI | 10.1016/j.tej.2014.12.005 |
| Short Title | The Electricity Journal |
