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Tag Archives: Renewable Power
Robin Hood vs Renewable Portfolio Standards
Do Renewable Portfolio Standards Reverse the Robin Hood Concept by Taking from the Poor and Giving to the Rich? English literature has the legend of Robin Hood, who “stole from the rich and gave to the poor.” Some people … Continue reading
Ramping–Wind Data from Kodiak, Alaska
A growing concern about renewable resources, such as wind and solar, is that they can ramp down and then back up in a few seconds. The requirement that electric utilities balance their sources and uses of electricity on a real … Continue reading
Posted in Ramping
Tagged Alaska, Electricity, Generation, Ramping, Renewable Energy, Renewable Power, Storage, Wind Power
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Heads I Win, Tails You Lose: What to Do When Wind Doesn’t Perform as Promised
Wind generation is unpredictable. Seldom is the production exactly equal to the specified rate. It reminds me of Goldilocks and the three bears, “Too hot, too cold, but seldom just right.” Most utility approach unscheduled flows of electricity by punishing the provider for any imbalance. “Heads the utility wins. Tails the generator looses.” A better approach uses the total imbalance on the utility to determine how imbalances are priced. Continue reading
Posted in Electricity Economics
Tagged Electricity, Generation, Markets, Renewable Energy, Renewable Power, Wind Power
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Socializing The Grid: The Reincarnation of Vampire Wheeling
Deja Vu–Twenty years ago El Paso built a transmission line and sought revenue from Plains which had an existing, parallel lower voltage transmission line. Plains called the concept Vampire Wheeling and resisted the blood sucking proposal. Now large transmission owners are seeking to socialize the cost of new high voltage lines, forcing smaller entities to pay those costs, a grander version of Vampire Wheeling. We need to de-socialize the process by paying for those lines on a real time basis that reflects the cost and reliability benefits being concurrently provided Continue reading
Posted in Electricity Economics
Tagged Constraints, Electricity, ERCOT, MISO, Renewable Power, Socialization, Transmission, Vampire, Wheeling, Wind Power
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“Too Much of a Good Thing” Revisited
Spot electricity prices sometimes need to vary widely from the dispatch prices established by an ISO so that generators and consumers see an impact on the average charge. Continue reading
Posted in Electricity Economics
Tagged Dispatch, Electricity, ERCOT, Generation, Markets, Pricing, Renewable Energy, Renewable Power, Spot, Wind Power
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Integrating Wind and Electric Vehicles
Storage enhances the integration of wind generation and the charging of electric vehicles. Dynamica pricing enables these three concepts to work together when they are independently owned. Continue reading
Posted in Electricity Economics
Tagged Electric Vehicles, Pricing, Renewable Power, Smart Grid, Wind Power
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