California Batteries Just Killed Negative Daytime Solar Prices

John Weaver calls California's daytime pricing shift the story of the year. Battery demand has pushed wholesale solar prices from negative five cents per kilowatt hour up by 4.2 cents, adding around $10,833 of revenue to solar asset owners in a single five-minute period. Tim Montague and John Weaver break down what this shift means for solar developers, plus community solar crossing 10 gigawatts, BYD's 14.5 megawatt-hour battery priced at 1.4 cents per kilowatt hour lifecycle cost, and Dean Solon's plan to build 50-year solar power plants in Tennessee.EPISODE HIGHLIGHTSCalifornia batteries reverse the duck curve pricing. John Weaver's analysis shows wholesale daytime solar prices climbed from negative five cents per kilowatt hour to negative 0.8 cents, driven by battery demand absorbing midday generation. (PV Magazine)BYD reveals a 14.5 megawatt-hour DC energy storage system with a lifecycle cost of 1.4 cents per kilowatt hour (ESS News). India research indicates 90 percent grid coverage via solar plus storage at 5.6 cents per kilowatt hour. Four point nine gigawatts of solar paired with 13.5 gigawatt hours of battery delivers one gigawatt of 24/7 load. (PV Magazine)US community solar passes 10 gigawatts despite market contraction. (PV Magazine)California Public Utilities Commission seeks 6 gigawatts of new clean power capacity, with most expected to include paired battery storage. (PV Magazine)California is giving every solar market a preview of what saturated grids look like once batteries scale. The pricing data, BYD's 1.4 cent per kWh lifecycle cost, and India's 90% grid coverage research all point in the same direction: solar plus storage economics are entering a new phase. Support the showConnect with Tim  Clean Power Hour  Clean Power Hour on YouTubeTim on TwitterTim on LinkedIn Email [email protected] Review Clean Power Hour on Apple PodcastsThe Clean Power Hour is produced by the Clean Power Consulting Group and created by Tim Montague. Contact us by email:  [email protected] sponsors who share our mission to speed the energy transition are invited to check out https://www.cleanpowerhour.com/support/The Clean Power Hour is brought to you by CPS America, maker of North America’s number one 3-phase string inverter, with over 6GW shipped in the US. With a focus on commercial and utility-scale solar and energy storage, the company partners with customers to provide unparalleled performance and service. The CPS America product lineup includes 3-phase string inverters from 25kW to 275kW, exceptional data communication and controls, and energy storage solutions designed for seamless integration with CPS America systems.  Learn more at www.chintpowersystems.com