Prevailing wind: new opportunities in grid volatility?
UK wind power has almost trebled since 2016. But its output is volatile, now varying between 0-50% of the total grid. Hence this 14-page note assesses the volatility, using granular,…
Solar power: the economics?
…capex costs. Strictly, this LCOE is the levelized cost of partial electricity (LCOPE), as solar shows minute-by-minute volatility, and also seasonal volatility, linked to weather and latitude. Our base case…
Renewable grids: solar, wind and grid-scale battery sizing?
…(LCOTE) of 18c/kWh. Introduce volatility into the weather pattern, and the requirement for a fully solar-powered grid is that each 1MW of average load requires 5MW of solar modules and…
Grid volatility: are batteries finally in the money?
…So will the high volatility persist? This is the question in today’s 6-page note. We attribute two-thirds of the volatility gains to gas shortages and high absolute power prices. However,…
Renewable Energy Certificates?
…for RECs? Rooftop solar: what implications? Many rooftop solar installations in the US are leased. By law, the solar installer often retains the right to sell RECs originating from that…
California’s grid: wind and solar statistical distributions?
This data-file aggregates wind and solar statistical distributions, plotting solar generation and wind generation, every 5-minutes, across California, for the entirety of 2022, in order to understand their volatility and…
Global solar: absorption spectrum?
…to model solar additions by country by multiplying total electricity demand growth x share of demand growth met by solar (pages 11-12). A new methodology for modeling global solar additions…
Wind and solar capacity additions?
…which matters for solar module manufacturers and along the solar supply chain. Our numbers can be stress-tested in the ‘SolarShareForecasts’ tab. Total new wind capacity growth is seen accelerating more…
Renewables: share of global energy and electricity by country?
…absolute wind+solar leader and has generated 50-70% of its electricity from wind+solar since 2017, with wind and solar generation equivalent to 68% of its grid in 2023. But this high…
First Solar: thin film solar breakthrough?
First Solar is a solar module manufacturer, listed in the US, founded in 1999, employing 6,400 people. It has capacity to manufacture 8GW of solar panels per year, using CdTe…