NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Notes on the Economics of Energy Storage

Geoffrey Heal

NBER Working Paper No. 22752
Issued in October 2016
NBER Program(s):Environment and Energy Economics, Public Economics

The increasing importance of intermittent renewable energy sources suggests a growing importance for energy storage as a way of smoothing the variable output. In this paper I investigate factors affecting the amount of energy storage needed, including the degree of intermittency and the correlations between wind and solar power outputs at different locations.

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Document Object Identifier (DOI): 10.3386/w22752

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