The optimal share of variable renewables
This paper estimates the welfare-optimal market share of wind and solar power, explicitly taking into account their output variability…
This paper estimates the welfare-optimal market share of wind and solar power, explicitly taking into account their output variability…
This book examines the key technologies being deployed in an effort to tap the potential presented by world’s deserts for siting large-scale solar power applications, and surveys the feasibility of such projects given the remoteness and the hostility of these environments…
The income that wind and solar power receive on the market is affected by the variability of their output. At times of high availability of the primary energy source, they supply electricity at zero marginal costs, shift the supply curve (merit-order curve) to the right and thereby reduce the equilibrium price of electricity during that hour…