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Low Gas Prices, Increased Solar Undercut CAISO 2015 Power Costs

Solar Generation Passes Wind

Jun 13, 2016

Western Energy Imbalance Market (WEIM) / Energy Market / Generation

By Robert Mullin Wholesale power costs in CAISO fell sharply last year as lower natural gas prices, increased solar generation and reduced loads more than offset the impact of a steep decline in hydroelectric output, according to a report from the ISO’s Department of Market Monitoring. Solar output last year...

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