IEEE PI2 Austin, September 2016, Tech Meeting, "Wind variability and impact on markets"
IEEE PI2 Austin, September 2016, Tech Meeting, "Wind variability and impact on markets"
Subject: Wind variability and impact on markets
We discuss the growth of wind in Texas and the challenges to electricity system operation under high levels of wind. We observe that Texas has, by far, the highest wind penetration of the three interconnections in the United States and the highest penetration of any balancing area, so that Texas is a microcosm of high wind challenges. To understand some of the challenges, we describe statistical modeling of wind power production. We utilize a so-called generalized dynamic factor model and investigate the characteristic Kolmogorov spectrum of wind power. This modeling allows understanding of the manner in which wind power and wind power variability will scale with increased capacity. We observe that aggregation of large amounts of wind capacity across large areas of the United States will mitigate short-term variability, but generally will not completely ameliorate intermittency over longer time scales. We then describe implications for the electricity system and for organized wholesale markets, including commitment of thermal resources to meet net load, and zero and negative wholesale prices.
Date and Time
Location
Hosts
Registration
- Date: 27 Sep 2016
- Time: 06:00 PM to 09:00 PM
- All times are (GMT-06:00) US/Central
-
Add Event to Calendar
- 2910 S Congress
- Austin, Texas
- United States 78704
- Building: El Gallo Mexican Restaurant
- Click here for Map
- Contact Event Host
-
If you plan to attend, please RSVP via e-mail to "pi2-secretary@ieee.org". Cash required for food and beverage purchase.
- Starts 03 August 2016 12:00 AM
- Ends 27 September 2016 06:00 PM
- All times are (GMT-06:00) US/Central
- No Admission Charge
Speakers
Dr. Ross Baldick of UT Austin
Wind variability and impact on markets
Biography:
Ross Baldick is Professor and Leland Barclay Fellow in the Department of Electrical and Computer Engineering at The University of Texas at Austin. He received his B.Sc. and B.E. degrees from the University of Sydney, Australia and his M.S. and Ph.D. from the University of California, Berkeley. From 1991-1992 he was a post-doctoral fellow at the Lawrence Berkeley Laboratory. In 1992 and 1993 he was an assistant professor at Worcester Polytechnic Institute. Dr. Baldick has published over fifty refereed journal articles and has research interests in a number of areas in electric power. His current research involves optimization and economic theory applied to electric power system operations, the public policy and technical issues associated with electric transmission under electricity market restructuring, the robustness of the electricity system to terrorist interdiction, electrification of the transportation industry, and the economic implications of integration of renewables. His book, Applied Optimization, is based on a graduate class, “Optimization of Engineering Systems” that he teaches in the electrical and computer engineering department at The University of Texas. He also teaches a three-day short-course “Introduction to Electric Power for Legal, Accounting, and Regulatory Professionals” and a one-day short-course “Locational Marginal Pricing” for non-technical professionals in the electricity industry. He is a former editor of IEEE Transactions on Power Systems and former chairman of the System Economics Sub-Committee of the IEEE Power Engineering Society Power Systems Analysis, Computation, and Economics Committee. Dr. Baldick is a Fellow of the IEEE and Director of the NSF I/UCRC on Electric Vehicles: Transportation and Electricity Convergence.
Address:Texas, United States
Agenda
Time: 6:00 to 6:30 PM
Social 6:30 to 7:00 PM
Dinner 7:00 to 7:30 PM
Business Meeting 7:30 to 8:30 PM
Program 9:00 PM room closes for the benefit of long distance drivers and early risers
Location: El Gallo Mexican Restaurant, 512-444-2205 2910 S Congress (directions below) Austin, Texas
Dinner: Choose from a select menu of soups, salads and dinner plates.
Cost: • IEEE Members and accompanying spouses: $11 to $17 for dinners ($2 non-meal participants) • Visitors (non-IEEE members): $14 to $20 for dinners ($5 non-meal participants) • IEEE Student Members: $3 for dinner (no charge for non-meal participants) • Student Visitors (non-IEEE members): $6 to $10 for dinners ($2 non-meal participants) • All: $2 for non-alcoholic beverages • A bar is available for those who care to purchase a beer or other alcoholic beverage RSVP: If you plan on attending, please RSVP by sending an e-mail to ieee.pi2.austin@zxtech.net.
Parking: There is a large parking lot in front and on the south side of the restaurant. The meeting will be held in the party room to the left of the cashier’s counter. Directions: See the map linked from our website: http://ewh.ieee.org/soc/pes/centraltexas/. From I–35: Exit at Oltorf and drive west. At S. Congress, turn left (south). El Gallo is about 500 feet past the next traffic light (Cumberland), on the right (west) side of Congress, directly across from the entrance to St. Edward’s University. From Ben White Blvd. (US290/SH71): Exit at S. Congress Avenue and drive north. El Gallo is about 600 feet past the next traffic light (Woodward), on the left (west) side of Congress directly across from the entrance to St. Edward’s University.