Business implications of the falling cost of electricity
Sharp declines in cost per kilowatt-hour of electricity generated by wind turbines and solar panels have opened up major shifts in cost and supply of electricity. Using elasticity of price and income to analyze scenarios of much cheaper electricity reveals economic impacts well outside the range tha...
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Series: | Environmental Economics |
Online Access: | https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7377/ee_2016_02_Edmunds.pdf |
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doaj-0069457195bb4fdfa2197d8353af66fa2020-11-25T01:33:24ZengLLC "CPC "Business Perspectives"Environmental Economics1998-60411998-605X2016-06-017291810.21511/ee.07(2).2016.17377Business implications of the falling cost of electricityJohn C. EdmundsCharles Winrich0Ed.D., Director of Science, Babson College, Wellesley, USASharp declines in cost per kilowatt-hour of electricity generated by wind turbines and solar panels have opened up major shifts in cost and supply of electricity. Using elasticity of price and income to analyze scenarios of much cheaper electricity reveals economic impacts well outside the range that has dominated the debate until now. The methods and computations give a wide span of impacts, and those methods led to unexpected and provocative implicationshttps://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7377/ee_2016_02_Edmunds.pdf |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
John C. Edmunds Charles Winrich |
spellingShingle |
John C. Edmunds Charles Winrich Business implications of the falling cost of electricity Environmental Economics |
author_facet |
John C. Edmunds Charles Winrich |
author_sort |
John C. Edmunds |
title |
Business implications of the falling cost of electricity |
title_short |
Business implications of the falling cost of electricity |
title_full |
Business implications of the falling cost of electricity |
title_fullStr |
Business implications of the falling cost of electricity |
title_full_unstemmed |
Business implications of the falling cost of electricity |
title_sort |
business implications of the falling cost of electricity |
publisher |
LLC "CPC "Business Perspectives" |
series |
Environmental Economics |
issn |
1998-6041 1998-605X |
publishDate |
2016-06-01 |
description |
Sharp declines in cost per kilowatt-hour of electricity generated by wind turbines and solar panels have opened up major shifts in cost and supply of electricity. Using elasticity of price and income to analyze scenarios of much cheaper electricity reveals economic impacts well outside the range that has dominated the debate until now. The methods and computations give a wide span of impacts, and those methods led to unexpected and provocative implications |
url |
https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7377/ee_2016_02_Edmunds.pdf |
work_keys_str_mv |
AT johncedmunds businessimplicationsofthefallingcostofelectricity AT charleswinrich businessimplicationsofthefallingcostofelectricity |
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