Solar + Storage as a Mid-Merit, Utility-Scale Generating Asset

In this white paper, 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 LCOE—taking into account the value of ancillary services storage provides to the grid.