Featured in Distributed bliss – 06-2022

Hybrid systems in demand

The past two decades have seen a boom in solar, driven by falling costs and rising efficiencies, with global capacity additions reaching 176 GW in 2021. Most PV generating capacity added to date has been standalone projects, driven by subsidies, tenders and the drive for the lowest levelized cost of electricity (LCOE). But as the penetration rate of standalone solar increases, so does the potential for a negative impact on power markets and network stability, writes Jason Sheridan of IHS Markit.

By

pv magazine

24 Jun 2022

To understand why various combinations of PV, wind, and energy storage – hybrid renewables systems – are becoming increasingly favored by stakeholders across the value chain, from investors, utilities, developers, and energy consumers, we can assess the benefits across the main stakeholder groups.For utilities and governments, the need to increase renewables capacity is constrained by …

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