THREAD: In @California_ISO, solar power is now large enough to impact wholesale price and operating dynamics. A new report from @BerkeleyLab documents the market impacts of solar in the 7 ISOs and 10 additional regions. More at https://emp.lbl.gov/renewable-grid-insights 1/x
As the penetration of #solar power rose to 19% in @California_ISO, the market value (energy + capacity) dropped by more than half. Solar-induced changes increased the value of flexibility and benefits of regional integration. More at https://emp.lbl.gov/renewable-grid-insights 2/x
Solar is king in California, supplying 19% of @California_ISO power in 2019, and 2/3 of all solar generation in the seven organized ISO markets in the US. Solar now has noticeable impacts on wholesale prices. More in our new report at https://emp.lbl.gov/renewable-grid-insights 3/x
High levels of #solar power change power system operations, like making evening ramps bigger. It also raises ancillary service needs, particularly regulation reserves, resulting in higher regulation-down prices. More in @BerkeleyLab’s new report at https://emp.lbl.gov/renewable-grid-insights 4/x
Find out how #solar energy and capacity value varies across locations and over time with new interactive visualizations from @Berkeley Lab at https://emp.lbl.gov/utility-scale-solar-value. All of the insights are available at https://emp.lbl.gov/renewable-grid-insights /end
A free webinar summarizing key findings from the report, "Solar-to-Grid: Trends in System Impacts, Reliability and Market Value of Solar in the United States," will be held on February 23 at 10 AM Pacific/1 PM Eastern. Register for the webinar at https://lbnl.zoom.us/webinar/register/WN_lcl8MESeQvqtvojfY0Dfww
Welcome! You are invited to join a webinar: Solar-to-Grid: Trends in System Impacts, Reliability...
With continued deployment of solar across the United States, assessing the interactions of solar with the power system is an increasingly important complement to studies tracking the cost and...https://lbnl.zoom.us/webinar/register/WN_lcl8MESeQvqtvojfY0Dfww