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20 Results
Solar panels and wind turbines
Operating Reserve Demand Curve, Scarcity Pricing and Intermittent Generation: Lessons From the Texas ERCOT Experience
The ORDC has been proposed in some markets to solve the missing-money problem. The authors estimate the extent to which ORDC prices are negatively affected by wind generation, using hourly data from ERCOT between Jan. 2015 and Feb. 2019. The authors conclude that if wind penetration increases, ORDC may not be a good idea.
Raúl Bajo Buenestado December 9, 2020