What is the Cost of Negative Bidding by Wind? A Unit Commitment Analysis of Cost and Emissions

@article{Deng2015WhatIT,
  title={What is the Cost of Negative Bidding by Wind? A Unit Commitment Analysis of Cost and Emissions},
  author={Lin Deng and Benjamin F. Hobbs and Piet Renson},
  journal={IEEE Transactions on Power Systems},
  year={2015},
  volume={30},
  pages={1805-1814}
}
We use a unit commitment (UC) model to quantify the operational impacts of subsidizing wind generation when energy prices are negative. Such prices occur increasingly often in U.S. and European Union (EU) markets. Subsidies such as production tax credits, feed-in tariffs, and renewable energy credits motivate renewable generators to submit negative price offers; this lessened flexibility increases system operation and management costs and, in some cases, CO2 emissions when energy prices are… CONTINUE READING

Citations

Publications citing this paper.
SHOWING 1-10 OF 15 CITATIONS

References

Publications referenced by this paper.
SHOWING 1-10 OF 38 REFERENCES

Air Markets Program Data

  • EPA
  • Jul. 1, [Online]. Available: http://ampd.epa.gov…
  • 2013
1 Excerpt

On-Line Appendix

  • D. Lin, P. Renson, B. F. Hobbs
  • [Online]. Available: jshare.johnshopkins.edu…
  • 2013
1 Excerpt

The drivers of power system emissions: An econometric analysis

  • A. O'Mahoney, B. F. Hobbs, M. O'Malley, E. Denny
  • [Online]. Available: https://jshare.johnshopkins…
  • 2013
1 Excerpt

Similar Papers

Loading similar papers…