Resource Documents by Baldick, Ross
Baldick, Ross
Wind and Energy Markets: A Case Study of Texas
Abstract Many jurisdictions worldwide are greatly increasing the amount of wind production, with the expectation that increasing renewables will cost-effectively reduce greenhouse emissions. This paper 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. I. Introduction There has been a great increase in the amount of renewables, particularly wind power, in the United States, with . . . Complete article »
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