Abstract: | This set of slides was presented at the CNLS Smart Grid Seminar Series at Los Alamos National Lab on March 18, 2010. Many jurisdictions worldwide are greatly increasing the amount of wind production, with the expectation that increasing renewables will cost-effectively reduce greenhouse emissions. This presentation discusses the interaction of increasing wind, transmission constraints, renewable credits, wind and demand correlation, intermittency, carbon prices, and electricity market prices using the particular example of the Electric Reliability Council of Texas (ERCOT) market.
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