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Episode 203: Alternative Energy and Economies of Scale

Words & Numbers

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Is Renewable Energy Cost Efficient?

Lynn Keasling is an economist focusing on regulation, market design and the economics of digitization and smart grid technologies in the electricity industry. She served as a member of the National Institute of Standards and Technologies Smart Grid Advisory Committee. Her academic background includes a BS in economics from Miami University of Ohio and a PhD in economics from Northwestern University. The right answer is always it depends; energy economists estimate that by a calculation called the levelized cost of electricity or LCOE.

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