In this white paper, "Solar + Storage as Mid-Merit, Utility-Scale Generating Asset," MBA students at Carnegie Mellon University detail their findings:

  • S+S may already be cost competitive with mid-merit natural gas plants in a number of wholesale electricity markets across the U.S.
  • The students have developed a new method of determining the levelized cost of energy for S+S—net LCOEtaking into account the value of ancillary services storage provides to the grid.