The world is witnessing a rapid growth in wind and other renewable based
electricity generation due to environmental concerns associated with
electricity generation from the conventional sources. Wind power behaves
quite differently than conventional electric power generating units due
to its intermittent and diffuse nature. System planners and operators
face the variability and uncertainty of wind power availability, and
therefore, encounter considerable challenges in making decisions to
maintain the adequacy and security of wind integrated power systems.
This volume intends to bring out the original research work of
researchers from academia and industry in understanding, quantifying and
managing the risks associated with the uncertainty in wind variability
in order to plan and operate a modern power system integrated with a
significant proportion of wind power generation with an acceptable level
of reliability. Accurate modeling of wind power variability and proper
incorporation of the models in reliability and risk evaluation is very
important for the planning and operation of electric power systems, and
will play a crucial role in defining the requirement of various types of
resources and services, such as storage and ancillary services in power
systems.