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."
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