Comparing the Costs of Intermittent and Dispatchable Electricity Generating Technologies.¶
Joskow, P. L. (2011). Comparing the Costs of Intermittent and Dispatchable Electricity Generating Technologies. American Economic Review, 101(3), 238-241.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Unevenness Waste
- In energy grids it is variable renewable supply against variable demand, which forces firming capacity, storage, or curtailment — variance, not mean, is what storage and balancing markets price.
This sourceEstablishes that intermittent (variable) generation must be valued by its production profile and the variance it imposes, not levelized mean energy — the grid pricing variance, which forces firming, storage, or curtailment.
Supported in partVerified against the publisher's abstract
Joskow's abstract backs only the valuation half of the claim: intermittent generation must be compared by production profile and its associated variation in wholesale prices, not by levelized mean cost per MWh.
“It overvalues intermittent generating technologies compared to dispatchable base load generating technologies. [...] Integrating differences in production profiles, the associated variations in wholesale market prices of electricity, and life-cycle costs associated with different generating technologies is necessary to provide meaningful comparisons between them.”
- In energy grids it is variable renewable supply against variable demand, which forces firming capacity, storage, or curtailment — variance, not mean, is what storage and balancing markets price.
Verification¶
Does it exist? Confirmed. This work's DOI resolves to a registered record, which fixes its identity. That is all it fixes.
Does it back the claim? Read against the text for 1 of 1 citation: 1 supported in part. Each verdict is shown under its citation below, with what in the work backs the sentence.
Support is checked per citation rather than per work — the same source can be cited soundly in one article and wrongly in another. Per-citation recording began recently, so a citation with no recorded check is a gap in the record rather than evidence it went unchecked.
See how references were verified.
Registry ID ref:54d5ef00e248 · see in the full table