A recent grid problem in
When it subsided, wind speeds dropped and the productivity of wind turbines dropped by 80% from 1,700 to 300 megawatts. The problem was exacerbated by energy demand that was greater than forecast and by lower availability of some fossil-fuel units. The result was an electricity shortfall.
Shortages do more than degrade reliability; they push up prices. Wholesale power prices surged to $1,055 a megawatt hour in
To get the system back in balance, the grid operator declared an emergency and paid big customers to temporarily curtail electricity use. The problem illustrated the need for better wind forecasting tools.
Currently, the Electric Reliability Council of Texas, operator of the state’s high-voltage transmission system, accepts estimates of energy generators without second-guessing their accuracy. That is about to change.
Source: WSJ, 06/03/08