This is research from the 1980s. It is undoubtedly correct, but it does not not apply to today. Today, renewables are competing favorably against coal and nuclear power on price, and they are improving rapidly still. It takes easily 15 years to plan and build a nuclear power plant, while a solar plant can be planned and built in months. The issue of what happens when the wind doesn't blow and the sun doesn't shine ca…
The idea that electricity should have a fixed rate 24/7 is obsolete.