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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Main Authors: John C. Edmunds, Charles Winrich
Format: Article
Language:English
Published: LLC "CPC "Business Perspectives" 2016-06-01
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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spelling 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
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