Previously, we quantified a decline in the marginal economic value of wind and PV with increasing penetration levels based on a long-run equilibrium investment and dispatch model that accounted for operational constraints for conventional generation. We use the same model and data, based loosely...

The costs of electric power projects utilizing renewable energy technologies (RETs) are highly sensitive to financing terms. Consequently, as the electricity industry is restructured and new renewables policies are created, it is important for policymakers to consider the impacts of renewables...