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Wind in The Portfolio. Mike Jacobs American Wind Energy Association Managing Your Energy Portfolio in a Greener World January 19, 2007. Power industry interest. Overview of Wind Values. Energy Price Integration Energy vs. Capacity Transmission. Energy Price.
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Wind in The Portfolio Mike Jacobs American Wind Energy Association Managing Your Energy Portfolio in a Greener World January 19, 2007
Overview of Wind Values • Energy Price • Integration • Energy vs. Capacity • Transmission
Energy Price • Fixed energy prices for the life of the project • No added environmental capital requirements, no fuel, no water
Integration • Real experience and repeated studies for wind state-wide or in a large utility show variability of wind is not a big cost factor.
10% Wind in NYISO • 5-minute state wide variability • St. dev. Increases 1.8 MW with wind
Integrating Variability Statewide hourly variability - Jan Summer morning ramp
Energy vs. Capacity • Primary value as energy. • Capacity values range 10-40% of generator rating depending on correlations. • If not capacity, don’t need back up.
Transmission • We all need transmission. • Low output on peak day = less strain on transmission. • Wind can be a more publicly accepted driver for constructing transmission.
Questions? Mike Jacobs 978-852-4674 mjacobs@awea.org www.awea.org