Rising PJM capacity prices lift returns for all assets

The tenfold increase in the cleared price for the 2025–26 Base Residual Auction is estimated to boost revenue for wind, solar and gas plants within the footprint of the PJM Interconnection LLC. Updated capacity market parameters — including an increased aggregate reliability requirement and updated effective load carrying capability (ELCC) assignments — are responsible for the ...

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Aug 2024

Research

Coastal radiation surplus in Q2 boosts earnings prospects for top solar own

Near-normal insolation was observed across most of North America in the three months ending June 30, 2024. Positive deviations in seven of the 10 largest markets, however, kept the portfolios of most top solar owners in the black in terms of quarterly sunshine versus the 20-year average. The weighted-average solar radiation across North America was only 0.35% above normal, keep...

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Jul 2024

Research

Interactive globe shines light on sunlight surplus in Latin America in 2023

All world regions — as delineated by the US Office of Homeland Security Statistics — experienced solar radiation above the norm in 2023. This differential presumably boosted capacity factors and productivity across the globe's rapidly growing large-scale solar portfolio — positive developments in the pursuit of power decarbonization objectives amid record-high temperatures. Zoo...

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