Call for papers: Wind Power Trading in Electricity Markets

http://www.inderscience.com/browse/callpaper.php?callID=575

Call for papers: Wind Power Trading in Electricity Markets

A special issue of the International Journal of Energy Technology and Policy (IJETP)

Important Dates
Submission of full paper : 2 April 2007
Notification of Acceptance : 2 June 2007
Final (Camera-ready) Paper : 2 July 2007

With the growing electricity demand, increasing oil and gas prices, and environmental pressure, wind energy has a strong potential for the future power generation. Wind turbines make a major contribution to the production of renewable energy. Developments in harnessing wind power have continually improved and during the last decade a considerable scaling up has taken place in the wind power industry. Most European and Indian governments have impressive plans for the coming years for installing significant amounts of wind power generating technology. It is expected that one third of all energy demand worldwide will be provided by renewable sources in the year 2050.

Competition is introduced in the electricity sector by significantly reducing the government’s role in the ownership and management of domestic electricity industries. This is seen as necessary conditions for increasing the efficiency of electric energy production and distribution, offering a lower price, higher quality and secured supply. These deregulation processes have been developed after debate and opposition by private and state monopolies that have defended the vertically integrated model.

A competitive electricity market, where price formation is an internal decision of sellers and buyers, opens the room for playing the generators and retailers/consumers in their bid prices. Competition in supply is concerned with how generators price their commodities so as to be commercially successful in the supply-demand market. In the competitive electricity market, wind power is assumed to be non-competitive as it has higher cost and uncertainty of availability of power. To fit the wind power into liberalised electricity market, the outputs of these generators are traded into the market differently than the dispatchable generators.

This special issue aims to provide a basic platform for researchers and readers working in the area of wind power and electricity markets. The various existing and new trading options of wind power in emerging electricity markets will be the main focus.

For more information, please see the Journal Call for Papers website.