Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2018.05.061 |
A retrospective analysis of the market price response to distributed photovoltaic generation in California | |
Craig, Michael T.1; Jaramillo, Paulina2; Hodge, Bri-Mathias1; Williams, Nathaniel J.2; Severnini, Edson3 | |
2018-10-01 | |
发表期刊 | ENERGY POLICY |
ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2018 |
卷号 | 121页码:394-403 |
文章类型 | Article |
语种 | 英语 |
国家 | USA |
英文摘要 | Due to rapid growth of distributed solar photovoltaic (PV) capacity in the U.S., numerous "value of solar" studies have attempted to quantify avoided costs associated with distributed PV. One such avoided cost that has received little attention is the market price response, or how distributed PV generation reduces utilities' procurement costs and, consequently, consumers' costs through reduced wholesale electricity prices in the short-term. We quantify the reduction in day-ahead wholesale electricity prices to distributed PV generation in California (CA) from 2013 through 2015. Using a database of all distributed PV systems in the three CA investor owned utilities, we estimate historic hourly distributed PV generation using three methods that we validate with metered generation from 205 PV systems. Via multiple linear regression, we then estimate electricity price reductions due to distributed PV generation. Across the three methods used to estimate PV generation, distributed PV generation reduced hourly median (mean) wholesale electricity prices by up to $2.7-3.1/MWh ($2.9-3.2/MWh) ($(2015)), or by 7-8% (8-9%). Lower wholesale prices reduced utilities' energy procurement costs in the day-ahead market by up to $650-730 million ($(2015)) from 2013 through 2015. These avoided costs are similar to other avoided costs commonly included in value of solar studies. |
英文关键词 | Distributed solar Market price response Merit order effect Value of solar |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000445983800040 |
WOS关键词 | WHOLESALE ELECTRICITY PRICES ; COVARIANCE-MATRIX ; SOLAR-ENERGY ; POWER ; IMPACT |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/17800 |
专题 | 气候变化 |
作者单位 | 1.Natl Renewable Energy Lab, 15013 Denver West Pkwy,MS ESIF200, Golden, CO 80401 USA; 2.Carnegie Mellon Univ, Dept Engn & Publ Policy, 5000 Forbes Ave,129 Baker Hall, Pittsburgh, PA 15213 USA; 3.Carnegie Mellon Univ, Heinz Coll, 4800 Forbes Ave, Pittsburgh, PA 15213 USA |
推荐引用方式 GB/T 7714 | Craig, Michael T.,Jaramillo, Paulina,Hodge, Bri-Mathias,et al. A retrospective analysis of the market price response to distributed photovoltaic generation in California[J]. ENERGY POLICY,2018,121:394-403. |
APA | Craig, Michael T.,Jaramillo, Paulina,Hodge, Bri-Mathias,Williams, Nathaniel J.,&Severnini, Edson.(2018).A retrospective analysis of the market price response to distributed photovoltaic generation in California.ENERGY POLICY,121,394-403. |
MLA | Craig, Michael T.,et al."A retrospective analysis of the market price response to distributed photovoltaic generation in California".ENERGY POLICY 121(2018):394-403. |
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