Wind & Solar Feed-In: Residual Load and the Clearing Price Hour by Hour
This lesson is part of the course
In this lesson
You subtract wind and solar from demand to get the residual load, price every two-hour block from the merit-order staircase, and measure how much wind and solar lower the price.
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Lessons in this course
- Load Curves: Peak, Average, Load Factor & the Load-Duration Curve Locked
- The Generation Fleet: Capacity, Availability, Capacity Factor & Energy Mix Locked
- Marginal Cost: Fuel, Efficiency, Carbon Price & Variable O&M Locked
- Merit-Order Dispatch: Ranking Plants and Finding the Clearing Price Locked
- Wind & Solar Feed-In: Residual Load and the Clearing Price Hour by Hour Locked
- Resource Adequacy: Firm Capacity, Reserve Margin & Shortfall Hours Locked
- Generator Economics: Inframarginal Rent and the Capture Price of Solar Locked
- Market Dashboard: Price-Duration Curve, Energy Mix & Emissions Intensity Locked