This resource evaluates several options to reduce and eliminate the decline in the value of wind and solar PV technology, as a previous study had quantified the decline as penetration levels increased. Researchers found that largest increase in the value of PV at high penetration levels comes from assuming that low-cost bulk power storage is an investment option. Other attractive options, particularly at more modest penetration levels, include real-time pricing and technology diversity.
Date | March 2014 |
Topic | Solar Basics & Educating Consumers; Financing, Incentives and Market Analysis |
Subprogram | Soft Costs |
Author | Lawrence Berkeley National Laboratory |