Victory in the economic realm (increasingly the case with solar, solar-plus-storage and wind) is no guarantee of market victory if the regulations are stacked against renewables.
The economics of a solar project in Texas are so compelling coal and gas developer J-Power wants a piece of the action.
The Electric Reliability Council of Texas’s pipeline of projects has ballooned to almost 80 GW. 12 GW of this is gas, while the rest is wind and solar power plants, as well as 522 MW of energy storage.
As the conclusion of a 15-month rule-making, the Federal Energy Regulatory Commission (FERC) will require grid operators to value the contributions of energy storage, and begins a process to look at how aggregated distributed energy resources can compete in wholesale markets.
An abundance of hydroelectric power and wind is pushing up renewable energy in the spring months, but there is a need for more power during the summer peak, as well as issues with the geographic location of resources.
Southern’s Lamesa Solar Facility is the latest in a boom that is taking place across Texas, with over 1 GW-DC expected to come online this year.
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