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The Growing Importance of Carbon Capture
Carbon dioxide removal (CDR) technologies have long been seen as a tool to tackle climate chaos, but the potential was largely theoretical. Two projects at Sleipner and Snohvit off the… |
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This report examines trends in energy storage spreads across all seven US ISOs over the past five years, and explores four key fundamental drivers: renewable penetration, natural gas prices levels, diurnal net load shapes, and intra-day ramp rates. Given how growth in renewable production can lead to increased price volatility and frequency of hours with relatively low prices, one might expect to find a relationship between growth in renewable penetration and attractive energy storage spreads.
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