Johnson and Oliver Contribute to IAEE Newsletter

The current issue of IAEE Energy Forum, a quarterly newsletter published by the International Association for Energy Economics, features a short article by Dr. Erik Johnson and Dr. Matthew E. Oliver of the Georgia Tech School of Economics. "Renewable Energy and Wholesale Electricity Price Variability" previews the basic microeconomic theory underlying a larger empirical study by Johnson and Oliver on the effects of renewable energy support policies on wholesale electricity prices. The authors use a simple supply-demand model of an electricity market to demonstrate why greater renewable penetration should reduce the variation in wholesale electricity prices, reducing risk for key market actors.

To access the full issue of IAEE Energy Forum, please click here. For more information on the article, contact either Dr. Johnson or Dr. Oliver.

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Erik Johnson