The private and social economics of bulk electricity storage

  title={The private and social economics of bulk electricity storage},
  author={Richard T. Carson and Kevin Novan},
The ability to store excess intermittent renewable electricity is increasingly being seen as a key option for integrating large quantities of renewable capacity. However, intermittent energy sources currently account for very small amounts of total generation. Despite this fact, policymakers have begun implementing requirements that will dramatically increase the amount of bulk storage capacity. This paper examines the social benefits provided by bulk storage in the Texas electricity market… CONTINUE READING
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