GEM Energy Analytics β’ 899 implied HN points β’ 08 Jul 24
- Solar energy is growing quickly and changing the electricity market. As solar power is cheaper to produce, it often leads to lower prices during sunny times.
- The value of solar energy isnβt highest when the sun is shining most. Itβs more valuable during peak demand times like morning and evening.
- As more solar energy is used, the need for traditional power sources is decreasing, which is affecting imports, exports, and the costs of maintaining power reserves.