The Performance of U.S. Wind and Solar Generating Plants

The Energy Journal, Forthcoming.

43 Pages Posted: 4 Oct 2013 Last revised: 15 Aug 2014

See all articles by Richard Schmalensee

Richard Schmalensee

Massachusetts Institute of Technology (MIT) - Sloan School of Management

Date Written: August 2014

Abstract

Using data on hourly outputs and spot prices for a sample 25 wind and nine solar generating plants covering all seven U.S. ISOs for 2011 and up to 12 adjacent months, this study examines capacity factors, average output values, and several aspects of intermittency. Most performance measures studied vary substantially within and between ISOs, and some vary substantially over time. Implications for research, market design, and policies to support renewable generation are briefly discussed.

Keywords: renewable, wind, solar, electricity, production, energy

JEL Classification: D24, L94, Q42

Suggested Citation

Schmalensee, Richard, The Performance of U.S. Wind and Solar Generating Plants (August 2014). The Energy Journal, Forthcoming.. Available at SSRN: https://ssrn.com/abstract=2334946 or http://dx.doi.org/10.2139/ssrn.2334946

Richard Schmalensee (Contact Author)

Massachusetts Institute of Technology (MIT) - Sloan School of Management ( email )

Room E62-525
Cambridge, MA 02142
United States
617-253-2957 (Phone)
617-258-6617 (Fax)

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