the outlook for the natural gas market …

The income that wind and solar power receive on the market is affected by the variability of their output. At times of … merit-order effect depends on the amount of installed renewable capacity, the slope of the merit-order curve, and the … average electricity price remains constant. This work quantifies the effect of variability on the market value of renewables …

prices are negative and dramatic differences in capacity factors are discussed …

.S. ISOs for 2011 and up to 12 adjacent months, this study examines capacity factors, average output values, and several … substantially over time. Implications for research, market design, and policies to support renewable generation are briefly …