In the UK and similar nations, the gas crisis is ballooning electricity prices too. That’s because the UK operates a wholesale electricity market where the most expensive power sets the price. As we enter an era where renewables are getting cheaper every year, it’s time to change that model so that consumers see the benefits, argues Michael Grubb at UCL. The design of electricity systems is not keeping up with the revolution in renewable energy. … [Read more...]
New Berkeley Lab Report Documents Trends in System Impacts, Reliability and Market Value of Solar in the United States
By Andrew Mills and Joachim Seel, Berkeley Lab As solar generation increases, it is expected to progressively impact the bulk power system—changing prices for energy and other grid services. Solar generation is driven by sunshine and thus often highly correlated over the course of a day within a region. Without the deployment of storage or an increase in price-responsive load, growth in solar capacity is … [Read more...]