The economic value of offshore wind power can vary significantly by location, depending on the time-varying wind resource profile at a given site, as well as local pricing and market rules within the regional power market.
Studies provide assessment of impacts of wind, solar, & other drivers on wholesale prices, bulk power system assets, & power plant retirements
Berkeley Lab has announced the release of two new Labe reports: (1) Impacts of Variable Renewable Energy on Bulk Power System Assets, Pricing, and Costs; and (2) Power Plant Retirements: Trends and Possible Drivers.