Holland, Stephen P.; Mansur, Erin; Yates, Andrew J. - National Bureau of Economic Research - 2022
electricity, intermittency of renewables, and intertemporal optimization of storage. We derive several theoretical possibilities … can decrease renewable capacity; cheaper renewables can increase carbon emissions; and an increase in electricity demand …Decarbonization and electrification will require a transformed electricity grid. Our long-run model of entry and exit …