3 ms·
The merit order effect of renewables like solar and wind has already been substantial on wholesale prices with the spot price being $0 or below $0 in significan
by 7thaccount 3y ago
The merit order effect of renewables like solar and wind has already been substantial on wholesale prices with the spot price being $0 or below $0 in significant percentages of the year. This probably hasn't trickled down to retail rates as we're stuck paying for the fixed costs of many of those assets via the PPAs that the utilities sign.
- pfdietz 3y agoThus the rapidly expanding introduction of storage, which can take advantage of those periods.