# Lion Hirth Back to [[Authors/@BjornLomborg/People/People|Lomborg People]] · [[Authors/@BjornLomborg/BjornLomborg-x-profile|@BjornLomborg]] · Topic: [[Topics/Climate Change Science and Policy Debate/Climate Change Science and Policy Debate|Climate Change Science and Policy Debate]] **Role:** Energy economist; professor of energy policy, Hertie School, Berlin, and founder of the consultancy Neon ⚠️ (affiliations from memory, not re-checked) - Author of "The market value of variable renewables: The effect of solar wind power variability on their relative price", *Energy Economics* 38 (2013): 218–236, doi:[10.1016/j.eneco.2013.02.004](https://doi.org/10.1016/j.eneco.2013.02.004). It is the standard reference on "value deflation" or cannibalization: as wind and solar shares rise, the market value of each extra MWh falls because they produce at the same times. Specific percentage estimates are not quoted here ⚠️. - Cited as background in [[Authors/@BjornLomborg/Post Analyses/Post Analysis - BjornLomborg on Doubling German Wind and Solar (2026-10-29)|Doubling German Wind and Solar]] and [[Authors/@BjornLomborg/Post Analyses/Post Analysis - BjornLomborg on German Renewables Record Day, Prices and Storage (2026-10-29)|German Renewables Record Day, Prices and Storage]], where Lomborg's "too much when it's worth nothing" is this effect.