Green Electricity Prices

This paper examines the correlation between end-user electricity prices and the share of solar and wind energy in total electricity production in OECD countries. It is shown (i) that end-user prices in recent years (2020–2022) are positively correlated with the share of solar and wind and (ii) that the price of electricity in the majority of countries has risen with the solar and wind share since these types of energy came on the scene.