“Profile costs exist due to the fact that wind has bad timing; when the wind is blowing strongly the market isn’t demanding high amounts of electricity and vice-versa.”
With nearly a century of federal government oversight in electricity markets, one might expect the regulatory equivalent of a well-oiled machine, in this case the Federal Energy Regulatory Commission (FERC).
To its credit, FERC has generally given favorable treatment to market-based solutions opposed to top down control.  However, the push for green energy has changed how many markets behave for the worse. Far from a well-oiled regulatory machine, we have a Rube Goldberg device that produces curious outcomes. One great example is the way utilities gladly overpay for wind power.
In “Profile Costs as a Component of Integration Costs in Wind Energy”, published in Stanford University’s Comparative Advantage (Vol.…