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State of the US Renewables Market: Rapid Growth and a ‘Lot of Risk’

November 16, 2018

The worlds of power markets and renewables are colliding, and nobody seems quite sure what to do about it.

Though still a miniscule fraction of grid power in many places, renewable energy resources have momentum on their side. As they grow, they alter the functioning of the markets in ways that look different from traditional generation.

Wood Mackenzie launched its Power & Renewables Summit last year to unpack these changes, and in the intervening time, the signs of change have grown clearer. Deployment queues in every U.S. region show a dramatic turn toward wind and solar, proving this is not just a groovy California thing anymore.

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