Comparing the Net Value of Geothermal, Wind, Solar, & Solar+Storage in the Western United States, the publication of a new Berkeley Lab
Studies show that a diverse portfolio of zero-carbon resources will be needed to decarbonize the U.S. electricity sector, and that high-capacity-factor renewable resources like geothermal could become particularly important in later stages of decarbonization as the capacity contribution of variable, weather-dependent resources like wind and solar declines with increasing market share. Yet while wind, solar, and — more recently — storage have all seen significant U.S.
Looking ahead through 2026 — the initial target year for the California Public Utility Commission’s “mid-term reliability” procurement order — continued growth in the market share of
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