As more renewable energy enters the grid, wind and solar generators increasingly compete for the same revenue streams. This results in a price cannibalization risk, in which renewables erode their own value over time. Recent renewable penetration trends in North America with wind and solar capacity additions are already showing signs of eroding prices in regions such as ERCOT and SPP.
Managing editor global power pricing Amy Gasca, power pricing analyst Daryna Kotenko, and senior power analyst Giuliano Bordignon discuss these trends in North America for historical capture price indexes, outlook on risks, and other expected technology drivers.
Commodities Focus