by Planning Engineer (Russ Schussler) Part 3 of this series examines power markets, promoted by policymakers (FERC) and industry advocates to lower costs through competitive bidding and merit-order dispatch. While markets can optimize resource allocation in many sectors, they struggle … Continue reading →| Climate Etc.
Harry DeAngelo specializes in corporate finance, with a focus on payout policy, capital structure, and corporate governance. His work has been published in the Journal of Financial Economics , Journal of Finance , and American Economic Review , and he received the Jensen Prize for best corporate finance paper in the Journal of Financial Economics in 2004 and 2011. He served as Associate Editor for the Journal of Financial Economics and Journal of Finance , and as an American Finance Associati...| USC Marshall School of Business
by Planning Engineer (Russ Schussler) In Part 1, we showed how wind and solar’s low costs over 80% of the time are overwhelmed by expenses at peak times such that they offer no cost advantages to the generation mix. Residential … Continue reading → The post Why “cheaper” solar raises costs. Part II: The hidden costs of residential solar appeared first on Climate Etc..| Climate Etc.
by Planning Engineer (Russ Schussler) Wind and solar power are often touted as the cheapest sources of electricity in many regions, capable of delivering low-cost energy for the vast majority of the time. At first glance, this might suggest that … Continue reading → The post Why “cheaper” wind and solar raise costs. Part I: The fat tail problem appeared first on Climate Etc..| Climate Etc.
by Judith Curry and Harry DeAngelo We have a new paper published in the Journal of Applied Corporate Finance, entitled “A Critique of the Apocalyptic Climate Narrative.” The paper reflects the JACF’s ongoing interest in publishing articles that analyze important … Continue reading →| Climate Etc.
by Russ Schussler (Planning Engineer) On April 28th Spain, Portugal and parts of France suffered a major grid outage. A formal evaluation will likely be released at a later date cataloging many of the contributing factors and system deficiencies. Unfortunately, … Continue reading →| Climate Etc.
