As wind and solar deployment grows, wholesale power prices will adjust over time and space in response to these variable, low-cost electricity sources. These pricing changes can impact the market value of wind and solar in wholesale energy and capacity markets, with a general expectation that that value will decline as renewable penetrations increase. This webinar will summarize research by LBNL regarding the wholesale market value of wind and solar, including how it is impacted by hybridization of wind and solar with storage, larger wind turbines, participation in ancillary services markets, and power plant siting in locations with relatively higher wholesale prices.
Boosting the Value of Wind and Solar in Wholesale Power Markets
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May 26, 2020 2:00PM to 2:30PM EDT