How energy markets need to change to level the playing field for renewables, how renewables should be valued, and whether wind and solar must "eat their own lunch" by virtue of having a free marginal cost, or whether markets can be adjusted to prevent that. And in the news segment: Shell gives up on the Arctic; the new premier of Alberta does an about-face on fossil fuels; and solar is even cheaper than most energy analysts think (because the data is old).
Geek rating: 7
Guest: Bentham Paulos, Principal of Paulos Analysis and Director of the Power Markets Project
On Twitter: @benpaulos
On the Web: www.paulosanalysis.com | www.powermarkets.org
Taping date: August 20, 2015
Links
Bentham Paulos: How Wind and Solar Will Blow Up Power Markets (2015)
Mills and Wiser: Strategies for Mitigating the Reduction in Economic Value of Variable Generation with Increasing Penetration Levels (2014)
Chris Nelder: The next big utility transformation (2013)
Chris Nelder: Designing the grid for renewables (2012)
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