AWEA: Economist overstates wind's role in negative pricing

05/20/2013 | Greentech Media

Economist Jonathan Lesser exaggerated the ability of wind power to drive negative pricing during his recent testimony before a congressional subpanel, according to Michael Goggin, manager of transmission policy at the American Wind Energy Association. Wind-power-driven negative pricing is seen only when wind power is the most expensive source on a grid, which almost never happens because wind is free, Goggin said. "You never get to a situation where across an entire system like PJM or the California ISO there is only wind," said Goggin, adding, "as the grid gets built out, those isolated areas and rare instances" where negative pricing has occurred "are going away."

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