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> This incentivizes storage and time-shifting usage to solar peak times, which seem to be needed in California. Does anyone know if there are pricing signals to
by danans 4y ago
> This incentivizes storage and time-shifting usage to solar peak times, which seem to be needed in California. Does anyone know if there are pricing signals to help with that? For example, if I (as a power-plant operator or whatever) found a way to sell electricity right as the sun is going down, am I rewarded for that?
NEM3.0 incentivizes exactly that. It prices exported electricity at the avoided cost rate. During the late summer and early fall, between 7-9PM that can be more than $1/kWh, or 3x the average NEM2.0 rate [1]. Of course to maximize that rate you need to store energy and sell it back at the optimal time.
The average rate with NEM3.0, however, is much lower.
1. https://www.cpuc.ca.gov/-/media/cpuc-website/divisions/energy-division/documents/demand-side-management/acc-models-latest-version/2022-acc-documentation-v1a.pdf https://www.cpuc.ca.gov/-/media/cpuc-website/divisions/energ...