Texas solar capacity could hit 5.8GW in 2020

first_imgTexas solar capacity could hit 5.8GW in 2020 FacebookTwitterLinkedInEmailPrint分享PV Magazine:Solar capacity in the ERCOT grid region has the “potential” to reach 5.8 GW this year, said ERCOT in its annual “State of the Grid” report. ERCOT serves nearly all of Texas.Solar capacity in ERCOT has room to grow, as it met less than 2% of the grid’s load last year. Wind power met 20% of the grid’s load, with wind capacity at 24 GW and potentially rising to 33 GW this year. Wind and solar generation developers submitted a “record number of interconnection requests” last year, the report said, and “with more solar projects coming online, wind and solar power have begun to complement each other.”Solar additions this year should also help serve peak load, which exceeded 74 GW last August 12, and which ERCOT expects to reach just under 77 GW this summer.ERCOT’s pricing structure, which allowed wholesale rates to briefly reach the maximum $9,000 per megawatt-hour last August, gives all retail providers “a significant incentive” to reduce the impact of wholesale price swings, by entering long-term supply arrangements such as power purchase agreements, in the view of Travis Kavulla, vice president of regulatory affairs for NRG Energy, a retail provider in ERCOT. Solar power purchase agreements, in turn, help solar developers gain the financing needed to build their solar projects.[William Driscoll]More: Texas could add 3.5 GW of solar this yearlast_img

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