Selling the Wind

{access view=!registered}Only logged in users can view the full text of the article.{/access}{access view=registered}Because of the significance of wind power in markets and systems such as ERCOT and MISO (see Figure 1), there is a need to revisit current electricity market designs and traditional procedures for system operations in the light of the increased uncertainty and variability from wind power generation. System operators in the USA and abroad are currently adjusting their operational procedures and market rules to accommodate wind power’s increasing importance. Different solutions are being tested and implemented, but it will take time before consensus emerges on the main principles of new market structures that better address the implications of increasing reliance on wind power and other renewable energy resources.