variable renewables

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. We present a theoretical valuation framework that consistently accounts for the impact of fluctuations over...
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The Market Value of Variable Renewables

The effect of solar wind power variability on their relative price This paper provides a comprehensive discussion of the market value of variable renewable energy (VRE). The inherent variability of wind speeds and solar radiation...
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