Capacity factor of wind power realized values vs. estimates
dc.contributor.author
dc.date.accessioned
2024-04-25T09:55:52Z
dc.date.available
2024-04-25T09:55:52Z
dc.date.issued
2009-07
dc.identifier.issn
0301-4215
dc.identifier.uri
dc.description.abstract
For two decades now, the capacity factor of wind power measuring the average energy delivered has been assumed in the 30-35% range of the name plate capacity. Yet, the mean realized value for Europe over the last five years is below 21%; accordingly private cost is two-third higher and the reduction of carbon emissions is 40% less than previously expected. We document this discrepancy and offer rationalizations that emphasize the long term variations of wind speeds, the behavior of the wind power industry, political interference and the mode of finance. We conclude with the consequences of the capacity factor miscalculation and some policy recommendations
dc.description.sponsorship
Financial support from Instituto de Estudios Fiscales, Generalitat de Catalunya (Contract 2005SGR213 and Xarxa de referència d’R+D+I en Economia i Polítiques Públiques) and Ministerio de Educación y Ciencia (projectSEJ2007-60671) is gratefully acknowledged
dc.format.extent
10 p.
dc.format.mimetype
application/pdf
dc.language.iso
eng
dc.publisher
Elsevier
dc.relation
SEJ2007-60671
dc.relation.isformatof
Versió postprint del document publicat a: https://doi.org/10.1016/j.enpol.2009.02.046
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© Energy Policy, 2009, vol. 37, núm. 7, p. 2679-2688
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Articles publicats (D-EC)
dc.rights
Reconeixement-NoComercial-SenseObraDerivada 4.0 Internacional
dc.rights.uri
dc.source
Boccard, Nicolas 2009 Capacity factor of wind power realized values vs. estimates Energy Policy 37 7 2679 2688
dc.title
Capacity factor of wind power realized values vs. estimates
dc.type
info:eu-repo/semantics/article
dc.rights.accessRights
info:eu-repo/semantics/openAccess
dc.relation.projectID
info:eu-repo/grantAgreement/MEC//SEJ2007-60671/ES/REGULACION DE MERCADOS Y EL PAPEL DE LOS INCENTIVOS/
dc.type.version
info:eu-repo/semantics/acceptedVersion
dc.identifier.doi
dc.identifier.idgrec
011080
dc.contributor.funder
dc.type.peerreviewed
peer-reviewed
dc.relation.FundingProgramme
dc.relation.ProjectAcronym
dc.identifier.eissn
1873-6777