Generation Professionals Group
The Generation Professionals Group is for utility professionals who work in biomass, coal, gas/oil, hydro, natural gas, or nuclear power generation fields.
Publication
Hybrid power plants are growing rapidly: are they a good idea?
As battery prices continue to fall and the penetration of variable wind and solar generation rises, power plant developers are increasingly combining wind and solar projects with on-site batteries, creating “hybrid” power plants.
New research from Lawrence Berkeley National Laboratory and the Electric Power Research Institute shows that interest in hybrid plants is high, and that hybridization can offer benefits relative to stand-alone plants. There are also limitations to hybridization, however, and market rules and policy incentives can make or break the finances of a project. The research, appearing in the Electricity Journal, looks at the operational benefits and drawbacks, relative costs and benefits, and industry trends toward hybrid power plants.
- Hybrid power plants are growing rapidly: are they a good idea?
- Wind experts report that average operating expenses for land-based wind projects have declined by ~50% over the last two decades
- New Berkeley Lab Study Explores Impacts of High Variable Renewable Energy Futures
- Advancements, Improved Project Performance, and Low Wind Energy Prices
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