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Javier Lopez Prol Profile picture
Javier Lopez Prol
@lopez_prol
Assist. Prof. Yonsei Uni. - Mirae Campus. Energy | Climate | Environmental Economics.
Oct 6, 2021 • 22 tweets • 12 min read
What are the economics of increasing variable #renewable energy (VRE) sources and electricity #storage in electricity markets?

@WPSchill and I try to explain it in the @AnnualReviews of Resource Economics 🧵:

annualreviews.org/doi/full/10.11…

#energytwitter #econtwitter

1/20 Wind and solar photovoltaics (PV) will be the main sources of electricity by 2050, accounting for almost 70% of global electricity generation, according to the @IEA Net Zero 2050 scenario.

iea.org/data-and-stati…

2/20 Image
Jul 3, 2021 • 9 tweets • 3 min read
1/ 9
Este debate que propone @PedroFresco es muy interesante: es el mercado marginalista apropiado para la transición energética? 2/9
 Sabemos que el sistema marginalista es el único que garantiza la eficiencia en el despacho:

sciencedirect.com/science/articl…

Cobrar según oferta (pay-as-bid) provocaría que los generadores ofertaran a costes superiores a los marginales