Imagine a world that is fuelled exclusively by solar energy that comes from space. This would happen by having many solar panels in orbit, beaming down energy through microwave transmission.
I am trying to understand how a firm or government might price this sort of energy to consumers based on its costs. Suppose that a large energy company pays a company like spaceX to put solar satellites in orbit—how would the price of energy vary as a function of the cost of putting satellites into orbit? I am not formally trained in economics, and I was looking for a way to start framing this problem properly.
[Question] The Economics of a New Energy Source
Imagine a world that is fuelled exclusively by solar energy that comes from space. This would happen by having many solar panels in orbit, beaming down energy through microwave transmission.
I am trying to understand how a firm or government might price this sort of energy to consumers based on its costs. Suppose that a large energy company pays a company like spaceX to put solar satellites in orbit—how would the price of energy vary as a function of the cost of putting satellites into orbit? I am not formally trained in economics, and I was looking for a way to start framing this problem properly.