HIGHLIGHTS
SUMMARY
This approach does not fully capture the external costs associated with the environmental and social impacts caused by the construction and operation of new-generation plants and the necessary interconnection links. Environmental and social costs are then classified as external in the sense that they are not captured by market mechanisms; as such, their negative or positive effects are not internalized by the economic agents that cause them, and may not be included in the 2 of 19 traditional cost optimization. Perspective, the fact that an expansion strategy is cost optimal does not mean . . .
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