Since wind and solar power are nearly free to run when the wind is blowing and the sun is out, there is a concern that increased renewables may lead to more frequent negative pricing events. However, there has been little data.
What is the Upper Midwest’s energy mascot? Fresh Energy’s Andrew Twite presents: the Smilin’ Gator Curve.
In a previous post, we argued time-of-use pricing will boost wind development by increasing demand for electricity during times of high wind generation. In this post, we walk through a simplified electricity market to show how this works.