NCEP will host a webinar to discuss the effects that variable renewable energy (VRE) had on wholesale power prices from 2008 through 2017. The LBNL study assessed forecasts and factors that may influence prices in wholesale markets in the US. Recent trends and patterns from 60,000 wholesale pricing nodes were evaluated against the impacts of VRE and other factors, as well as a number of constrained pricing areas (“hot spots”) to highlight several drivers for geographic and temporal pricing variations. The webinar will feature analysis from Andrew Mills of Berkeley Labs and perspectives from Keith Collins of Southwest Power Pool. Moderated by Commissioner Abigail Anthony of the Rhode Island Public Utility Commission.
The recording can be found at this link.