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The Future of Energy Storage, with Dick Schmalensee

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How Do You Do Retail Rates?

As you tighten the carbon constraint, the wholesale price of electricity is much more often at or near zero. When you build more wind and ar generation capacity, the fraction of ours at which you've got excess generation goes up. How do you come up with rates that encourage electrification without imposing unbearable risks on ultimate consumers? I think it's soluble, but it's not a simple puzzle.

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