The emerging literature on power markets with high shares of fluctuating renewables suggests that more frequent start-up procedures of thermal power plants may become an increasing concern, both for costs and possibly also for market design. Based on official scenario assumptions, we investigate...

Energy is a fundamental and indispensable element in the continuation of natural life and human civilization. While this vital need is accepted as the most important input in terms of environment and sustainability in terms of production, consumption, and transformation, it is the most valid...

The levelized cost of electricity is the most common indicator used to compare the cost competitiveness of electricity-generating technologies. Several studies claim that some renewable energy technologies, particularly utility-scale solar photovoltaic and onshore wind, are cost-competitive with...

On a levelized-cost basis, solar and wind power generation are now competitive with fossil fuels. But supply of these renewable resources is variable and intermittent, unlike traditional power plants. As a result, the cost of using flat retail pricing instead of dynamic, marginal-cost...

On a levelized-cost basis, solar and wind power generation are now competitive with fossil fuels. But supply of these renewable resources is variable and intermittent, unlike traditional power plants. As a result, the cost of using flat retail pricing instead of dynamic, marginal-cost...