Price formationAlberta operates an energy-only electricity market, which allows the unilateral exercise of market power to create investment incentives and resolve the 'missing money' problem. This stands in co
(Zhang et al., 2014; Zhu and Fan, 2011; Park et al., 2014); research and development planning (Wang et al., 2015); fuel price and technological uncertainty (Fuss and Szolgayova, 2010); combined heat and power thermal storage (Kitapbayev et al., 2015); subsidizing photovoltaic ...
Worse, the oil-producing province is set to post a below-average economic rebound, with economic growth this year forecast at 4.5 per cent, below the country-wide average of five per cent. Article content This won’t be an austerity budget, Kenney has said, but will ai...
For fiscal year 2002/03, total revenues were forecast at C $22.57 billion; expenditures were C $20.76 billion. Major expenditure areas were health, education, social services, agriculture and economic development, interest on debt, regional planning and development, and protection of persons and ...
traditional AS currently follows _ Evaluate AS requirements in a system such as Alberta with higher wind power penetration _ Explore possible wind based AS products to meet potentially new criteria through the development and use of more accurate short-term wind forecast and battery energy storage ...
Price formation in electricity forward markets and the relevance of systematic forecast errors Energy Econ. (2009) RafalWeron Electricity price forecasting: a review of the state-of-the-art with a look into the future Int. J. Forecast.
Historic trend analyses on winter temperatures have documented a temperature increase in western Canada since the mid-20th century [29,30,31] and future climate projections consistently forecast continued increases, the magnitude of which depends on the future time period and emissions scenario [3,5,...
Keywords: wind power modeling; statistical models; spatio-temporal modeling; Gaussian random fields; kriging; power forecast; aggregate power; variability1. Introduction This study focuses on the wind power system of Alberta, Canada. Wind plays an increasingly important role in the energy system of ...