Comprehensive Value Assessment of Wind Power by Layer

Great emphasis has been placed on rational value assessment of wind power in system in recent times. Because there are different properties in various output levels of wind power, there should also be different values. This paper proposes a novel method for value assessment of wind power to get a more comprehensive and accurate evaluation. Wind power outputs are divided horizontally based on the wind layer model. Then comprehensive studies of cost and benefit are conducted layer by layer. Furthermore, the detailed characteristics in layers, storage benefit, and value allocation are analyzed. After that, the sensitivities about the chosen system, parameters, region size, and demand-side participation are discussed at length. The effectiveness and rationality of the model are proved by the case study. The model assesses the value of wind power more precisely and profoundly, which would provide significant guidance in the setting of price policy for wind power and market supervision.