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Exam (elaborations)
ECO330T: Exam 2 (Energy & Environmental Econ) Questions and Correct Answers/ Latest Update / Already Graded
New3 Electricity Sectors 
 Ans: Generation, Transmission, Distribution 
 
Types of Electricity Generation 
 Ans: Solar, Wind, Hydro, Coal, Natural Gas, and Nuclear 
 
Attribution of Generation Sources 
 Ans: Fixed Cost, Marginal Cost, Environmental Impact 
 
Electricity as an Economic Good 
 Ans: 1. Demand 
2. Supply 
3. D&S must match at all times 
4. High cost of storage 
 
Texas Winter Storm 2021 
 Page | 2 
 
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