Changes in the Economic Value of Variable Generation at High Penetration Levels: A Pilot Case Study of California
Author(s) -
Andrew Mills,
Ryan Wiser
Publication year - 2012
Language(s) - English
Resource type - Reports
DOI - 10.2172/1183176
Subject(s) - variable renewable energy , renewable energy , wind power , environmental economics , marginal cost , variable cost , economic dispatch , marginal value , variable (mathematics) , net present value , solar power , market penetration , capital cost , investment (military) , electricity generation , economics , environmental science , energy storage , microeconomics , engineering , electric power system , production (economics) , power (physics) , mathematics , electrical engineering , mathematical analysis , physics , quantum mechanics , politics , political science , law , macroeconomics
LBNL-XXXX E RNEST O RLANDO L AWRENCE B ERKELEY N ATIONAL L ABORATORY Changes in the Economic Value of Variable Generation at High Penetration Levels: A Pilot Case Study of California Andrew D. Mills and Ryan Wiser Environmental Energy Technologies Division March 2013 18th Annual POWER Conference on Energy Research and Policy. Energy Institute at Haas: Berkeley, CA. March 22, 2013 The work described in this paper was funded by the Office of Electricity Delivery and Energy Reliability (Research & Development Division and National Electricity Delivery Division Division) and by the Office of Energy Efficiency and Renewable Energy (Wind and Hydropower Technologies Program and Solar Energy Technologies Program) of the U.S. Department of Energy under Contract No. DE-AC02-05CH11231.
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