2011 Lecture 19: Cost, Price, Markets, & Support Mechanisms, Part II

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Description: Price and Markets: What sets price (and profit), energy future and overview of renewable energy sources, economics and market dynamics. Fluctuations in supply and demand, drivers for oversupply/undersupply conditions, and what this means for profits. Subsidies: Why subsidize? How much to subsidize? Role of PV in the global energy market. Instructor: Prof. Tonio Buonassisi