Intermittency and the Value of Renewable Energy

Autor: Gowrisankaran, Gautam, Reynolds, Stanley, Samano, Mario
Jazyk: angličtina
Rok vydání: 2016
Druh dokumentu: Článek
ISSN: 0022-3808
DOI: 10.3386/w17086
Popis: A key problem with solar energy is intermittency: solar generators produce only when the sun is shining, adding to social costs and requiring electricity system operators to reoptimize key decisions. We develop a method to quantify the economic value of large-scale renewable energy. We estimate the model for southeastern Arizona. Not accounting for offset carbon dioxide, we find social costs of $138.40 per megawatt hour for 20 percent solar generation, of which unforecastable intermittency accounts for $6.10 and intermittency overall for $46.00. With solar installation costs of $1.52 per watt and carbon dioxide social costs of $39.00 per ton, 20 percent solar would be welfare neutral.
Databáze: Networked Digital Library of Theses & Dissertations