Successful renewable energy development in a competitive electricity market: A Texas case study |
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Authors: | Jay Zarnikau |
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Affiliation: | 1. Frontier Associates LLC, 1515 S. Capital of Texas Highway, Suite 110, Austin, TX 78746, USA;2. The University of Texas at Austin, LBJ School of Public Affairs and Division of Statistics, Austin, TX 78713, USA |
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Abstract: | The development of renewable energy in markets with competition at wholesale and retail levels poses challenges not present in areas served by vertically-integrated utilities. The intermittent nature of some renewable energy resources impact reliability, operations, and market prices, in turn affecting all market participants. Meeting renewable energy goals may require coordination among many market players. |
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Keywords: | Renewable energy Electricity markets Wind power |
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