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High renewable electricity penetration: marginal curtailment and market failure under "subsidy-free" entry

Author

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  • David Newbery

Abstract

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Suggested Citation

  • David Newbery, 2023. "High renewable electricity penetration: marginal curtailment and market failure under "subsidy-free" entry," Working Papers EPRG2319, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
  • Handle: RePEc:enp:wpaper:eprg2319
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    File URL: https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2319.pdf
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    Cited by:

    1. Simshauser, P. & Newbery, D., 2023. "Non-Firm vs. Priority Access: on the Long Run Average and Marginal Cost of Renewables in Australia," Cambridge Working Papers in Economics 2363, Faculty of Economics, University of Cambridge.
    2. Simshauser, P. & Gohde, N., 2024. "3-Party Covenant Financing of ‘Semi-Regulated’ Pumped Hydro Assets," Cambridge Working Papers in Economics 2425, Faculty of Economics, University of Cambridge.

    More about this item

    Keywords

    Renewable electricity; marginal wind curtailment; integration costs; market failures; inertia charges;
    All these keywords.

    JEL classification:

    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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