<![CDATA[Solar breaks 50% of California electricity for first time – driving wholesale rates negative]]>
Solar breaks 50% of California electricity for first time – driving wholesale rates negative

“According to the EIA, California solar power has been driving wholesale electricity rates towards – and sometimes below – $0/MWh – and on March 11th total solar power production broke 50% of demand. The increase in utility-scale solar power , which grew 50% in the state in 2016, is quickly changing the landscape. Recently we saw California solar + wind hit a record high at 49.2%, with all renewable energy above 56%.

In March, during the hours of 8:00 a.m. to 2:00 p.m., system average hourly prices were frequently at or below $0 per megawatthour (MWh). In contrast, average hourly prices in March 2013–15 during this time of day ranged from $14/MWh to $45/MWh…”

#future = #clean #green #sustainability #energy #tech #innovation #progress #science #design #engineering #revolution #environment #solar #climatechange #ClimateAction #renewableenergy #renewables #economy

https://electrek.co/2017/04/07/solar-power-breaks-50-of-california-demand-for-first-time-driving-negative-wholesale-electricity-rates/
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