Strategies to Mitigate Declines in the Economic Value of Wind and Solar at High Penetration in California

This resource evaluates several options to reduce and eliminate the decline in the value of wind and solar PV technology, as a previous study had quantified the decline as penetration levels increased. Researchers found that largest increase in the val...

Solar Energy Technologies Office

May 13, 2015
minute read time

This resource evaluates several options to reduce and eliminate the decline in the value of wind and solar PV technology, as a previous study had quantified the decline as penetration levels increased. Researchers found that largest increase in the value of PV at high penetration levels comes from assuming that low-cost bulk power storage is an investment option. Other attractive options, particularly at more modest penetration levels, include real-time pricing and technology diversity.

DateMarch 2014                                                                                                                                                                                                                                   
TopicSolar Basics & Educating Consumers; Financing, Incentives and Market Analysis
SubprogramSoft Costs
AuthorLawrence Berkeley National Laboratory

http://emp.lbl.gov/publications/strategies-mitigating-reduction-economic-value-variable-generation-increasing-penetrati