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California Solar Spike Leads to Negative CAISO Real-Time Prices in March

By District Energy posted 06-19-2017 17:50

  

Robert Walton, Utility Dive
April 10, 2017

Summary

There is more evidence that the rapid growth of renewable energy is causing upheavals in organized power markets.

Power prices in CAISO plummeted last month, at times going negative, compared with average prices from $14/MWh to $45/MWh during the same time periods in recent years.

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#California #SolarPV #RenewableEnergy #UnitedStates #NorthAmerica #News #DemandResponse
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