During daytime, abundant solar generation has mostly led to a surge in supply, pushing spot prices to near-zero levels. However, battery and energy storage capacity has not expanded at the same pace, ...
Australia’s electricity prices ignore location, even though the grid doesn’t. This mismatch drives congestion, curtailment, and inefficient investment. There is a better system.
When it comes to renewable-heavy electricity markets, such as those in Europe and certain parts of the U.S., two seasons matter most: summer and winter. These opposite seasons pose similar challenges, ...