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Intermittency and the Value of Renewable Energy
2016
Journal of Political Economy
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A key problem with solar energy is intermittency: solar generators only produce when the sun is shining. This adds to social costs and also requires electricity system operators to reoptimize key decisions with large-scale renewables. We develop a method to quantify the economic value of large-scale renewable energy. We estimate the model for southeastern Arizona.
doi:10.1086/686733
fatcat:qcgcj5bvgjbwncmsckwo45tcay