EFFECTS OF WHOLESALE ELECTRICITY MARKETS ON WIND GENERATION IN THE MIDWESTERN UNITED STATES
This paper estimates the effect of starting the Mid continent ISO electricity market in 2005 on wind generation. An average increase in wind plant capacity factors of 1.7–2.8 percentage points associated with the start of the market is estimated, relative to neighboring wind plants not in the market. These results are robust to potentially confounding variation associated with wind speed differences determined by weather. August 6, 2018.