Utility Dive•about 2 months ago
The week in 5 numbers: Gas valuations soar, but solar leads new capacity
Key Takeaway
Despite rising gas valuations and wind prices, solar is the dominant new capacity source, while significant transmission investment is being considered to support grid expansion.
AI Summary
- •Solar continues to lead new capacity additions, signaling robust market growth and potential for competitive long-term power purchase agreements (PPAs).
- •Natural gas asset valuations are significantly increasing, indicating a bullish market outlook for gas generation and potentially higher future energy prices.
- •Wind project costs are rising, while there is growing interest in developing high-voltage 765-kV transmission lines to enhance grid capacity and reliability.
Topics
ccgtfinancinginterconnectoemppasimple-cyclesolartransmissionwind