Mallapragada, Dharik; Junge, Cristian; Wang, Cathy Xun; … - 2022
electricity (MVEs) and more hours of relatively high MVEs, than today. This result stems from the shift away from systems … earn most of their revenues on sales in a handful of hours. To minimize the cost of electricity and to encourage cost …-effective economy-wide decarbonization, economic theory prescribes that wholesale and retail prices of electricity should equal MVEs …