Collision Course: How Wind and Solar Are Disrupting Power Markets
We've spent a lot more time lately looking at the structure of U.S. power markets. Why? Because they're about to get shaken up.
It's already begun. In this episode, we'll look at how renewables are upending wholesale power markets today -- and what we can do about it.
We'll examine the issue from a few different angles.
How the growth of renewables is depressing power prices: Wood Mackenzie's Prajit Gosh describes why low-price events are becoming more common in wholesale markets than high-price events. He'll also look at the impact on other generation sources.
How prices are decreasing: MAKE Consulting's Dan Shreve talks about what's driving cost reductions in wind.
And GTM's Shayle Kann will look at the "vicious cycle" of low prices, and how to manage the wholesale market transition in the U.S.
This podcast is sponsored by Schneider Electric. Now, you can reap the benefits of a microgrid with no upfront capital through the new microgrid-as-a-service business model from Schneider Electric. Find out how it works.
Recommended reading:
GTM: The Rise of Renewables Creates Uncertainty in US Power Markets
GTM: Next-Generation Energy Technologies Are Constrained by Outdated Markets. Here’s How to Fix Them
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