This paper provides a comprehensive discussion of the market value of variable renewable energy (VRE). The inherent variability of wind speeds and solar radiation affects the price that VRE generators receive on the market (market value). During windy and sunny times the additional electricity...

The purpose of this research was to develop a model for decision-makers to rank various renewable and non-renewable electricity production technologies according to multiple criteria. The model ranks electric power plants using wind, solar, geothermal, biomass, hydropower (i.e., renewable...