The Private and Public Economics of Renewable Electricity Generation

  title={The Private and Public Economics of Renewable Electricity Generation},
  author={Severin Borenstein},
Generating electricity from renewable sources is more expensive than conventional approaches, but reduces pollution externalities. Analyzing the tradeoff is much more challenging than often presumed, because the value of electricity is extremely dependent on the time and location at which it is produced, which is not very controllable with some renewables, such as wind and solar. Likewise, the pollution benefits from renewable generation depend on what type of generation it displaces, which… CONTINUE READING
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