Changes in the Economic Value of Variable Generation at High Penetration Levels:A Pilot Case Study of California

By A. Mills. 2014

153 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/97b3678e685f2c14c9c2e893f2dae976f39c513a

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Citations in the corpus

Market value of solar power: Is photovoltaics cost-competitive? (2015, background): “Economists often assess the “energy value” of generation [30]-[32], while engineers estimate “integration costs” [42], [43].”
On the economics of renewable energy sources (2013, background): “On the other hand, a second branch of literature analyses wind and solar variability by estimating their marginal economic value (Lamont, 2008; Borenstein, 2008; Fripp and Wiser, 2008; Nicolosi, 2012a; Mills and Wiser, 2012; Hirth, 2013).”
Multistage Stochastic Investment Planning With Multiscale Representation of Uncertainties and Decisions (2018, background): “Mills and Wiser [4] consider the effect of renewable penetration on investments by using a long-run optimization model that considers both investment and dispatch decisions.”
System LCOE: What are the Costs of Variable Renewables? (2013, unknown): “Allowing for long-term adjustments Mills and Wiser [12] derive profile costs of 15e30 V/MWh for California at wind penetrations of 30e40% and Hirth [43] estimates 14e35 V/MWh at 30% penetration for NorthWestern Europe.”
Using the sun to decarbonize the power sector: The economic potential of photovoltaics and concentrating solar power ☆ (2014, result): “When comparing the marginal integration costs and curtailment levels resulting from our parameterization with the values reported in the literature [57], [61], [64], [70], [72], we find that they are in a similar range.”
UK Electricity Market Reform and the Energy Transition:Emerging Lessons (2018, background): “As renewable volumes grow, the value of power will become more volatile over time and more variable according to location, so a support system based on fixed prices will be increasingly at variance with the underlying economics (Mills & Wiser, 2013).”
Balancing power and variable renewables: Three links (2015, background): “A linear trend of these estimates shows a moderate increase in balancing costs with wind penetration [54,111,51,105,26,113,50,68,88,48].”
The benefits of flexibility: The value of wind energy with hydropower (2016, background): “Estimates from market data, including Sensfuß [23], Sensfuß and Ragwitz [24], Fripp and Wiser [21], and Hirth [25,26].”