Econonomics of Energy and Environmental Policy

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Solar Integration

Abstract:
Solar energy can enter our energy systems through many doors and windows, mostly as heat and electricity. As costs go down, especially for photovoltaic electricity, the variability of the resource becomes a dominant issue.Interconnections,load management, flexible fossil or hydro power plants and storage capacities of pumped hydro plants combine to make the daily variability manageable, but seasonal variability may be more difficult to address while avoiding overinvestment in solar electricity capacities.
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JEL Codes:L51: Economics of Regulation, D44: Auctions, Q42: Alternative Energy Sources


Keywords: Solar, Renewables, Variability, Integration

DOI: 10.5547/2160-5890.1.2.3


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Published in Volume 1, Number 2 of The Quarterly Journal of the IAEE's Energy Economics Education Foundation.


 

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