Wind power volatility and its impact on production failures in the Nordic electricity market

摘要: Abstract Wind power generation of electricity has gained popular support because its low environmental impact and costs relative to other renewable energy sources. However, concerns have been raised in the sector that wind will come at price increased damage generators. is naturally volatile which requires sources start up shut down accordance with weather conditions, for instance coal or gas generators are general not built do. The previous literature used simulations show done associated can be substantial. We use a dataset containing all reported failures Nordic market Nord Pool data Danish generation. analysis shows both Denmark rest short-term volatility non-significant.