Solar power generation small commodity wholesale

What is the wholesale electricity market portal?

The Wholesale Electricity Market Portal was launched by the U.S. Energy Information Administration (EIA) in March of 2024 to help users examine and access electricity markets data in the seven Regional Transmission Organizations (RTO) and Independent System Operators (ISO). Key data sets include:

Are solar contract prices higher than wholesale prices?

Historically, long-term contract prices from solar PV and wind auctions have been higher than wholesale prices in many large European Union markets. However, even the highest-priced onshore wind and utility scale contracts signed over the last five years are half of the average wholesale prices seen today in the European Union.

Will solar power grow in 2022?

Solar PV is forecast to account for 60% of the increase in global renewable capacity this year with the commissioning of 190 GW, a 25% gain from last year. Utility-scale projects account for almost two-thirds of overall PV expansion in 2022, mostly driven by a strong policy environment in China and the European Union driving faster deployment.

What is RTW solar buyback?

This is what’s known as solar buyback. Since real-time prices are published by ERCOT in 15-minute intervals, your solar will earn a credit equivalent to how much you sold back multiplied by what the price was during those 15 minutes. What can I expect from my bill on an RTW plan?

What are the quarterly solar industry updates?

The quarterly solar industry updates often cover: Updates on related government programs and policies. NREL conducts detailed supply chain analysis for specific photovoltaic module technologies. These analyses include production locations, supply chain risk and costs, and material availability.

Why did solar PV expansion continue to increase in 2023-2024?

Solar PV expansion continued to increase thanks to the investment tax credits (ITC) available until 2023-2024 providing a relatively stable policy environment, even as supply chain and logistical challenges hampered much faster growth. IEA. Licence: CC BY 4.0