CAISO off-peak prices a premium in 2023 as solar, hydro pull down on-peak prices

摘要

California Independent System Operator off-peak spot priceshave averaged 20 higher than on-peak so far this year as moresolar generation and increased hydro generation pull down onpeakprices.CAISO has added 1.244 GW of solar-powered capacitycompared with a year ago to reach nearly 17 GW of installedsolar capacity by the end of May, according to CAISO’s latest KeyStatistics report. Solar generation accounts for nearly 60 ofCAISO’s renewable capacity.