Energy Transition

ISO Solar Market Screening

byKevin Kang

The levelized cost of energy (LCOE) serves as a valuable measure for assessing the economic viability of a specific project or energy source. Put simply, a lower LCOE suggests that a project is more efficient in generating electricity. This metric is primarily influenced by three main factors: initial capital investment, ongoing operational expenses and the total electricity output throughout the asset’s lifespan.
As depicted in Figure 1, most regions exhibit after-tax LCOEs ranging from $30 to $40 per megawatt-hour (MWh), with the exception of NYISO. In NYISO, LCOEs are comparatively less competitive due to higher expenses and reduced capacity factors, stemming from a lower-quality solar resource.

Highlights from Energy Transition Research

(You must be an Enverus Intelligence® Research subscriber to access links below.)

Tracking the ET Market | Improving Multiples in a Lower Cost of Capital Environment – The 4Q23 edition of the Energy Transition Research team’s equity tracking report provides coverage across various energy transition sectors as well as integrated traditional energy businesses.

Fusion Insights | Data Center Load Growth: Marrying Load to the Interconnection Queue– This Prism Signal leverages Enverus Intelligence Research’s proprietary large-load project tracking dataset to identify the regions exposed to the most load growth due to data center expansion.

Data Center Demand | Load Impact Imminent– This publication offers a Lower 48-level view on expected growth in data center capacity and associated power demand.

About Enverus Intelligence®| Research
Enverus Intelligence® | Research, Inc. (EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries. EIR publishes reports including asset and company valuations, resource assessments, technical evaluations and macro-economic forecasts and helps make intelligent connections for energy industry participants, service companies and capital providers worldwide. EIR is registered with the U.S. Securities and Exchange Commission as a foreign investment adviser. Click here to learn more.

Picture of Kevin Kang

Kevin Kang

Kevin joined the Enverus Intelligence Research team in July 2023 and specializes in power markets and renewable technologies. He studied electrical engineering at the University of Calgary and brings expertise on both the finance and engineering side with over two years of experience working in boutique hedge funds, venture capital firms and major Canadian energy companies.

Subscribe to the Enverus Blog

A weekly update on the latest “no-fluff” insight and analysis of the energy industry.

Related Content

energy-transition
Energy Transition
ByKevin Kang

The anticipated end of a two-year reprieve on solar panel tariffs from China coincided with unexpected tariffs on other energy transition-related sectors.

brno-enverus
Operators
ByBryn Davies

Our twelve-member team embarked on the memorable Vltava Relay challenge, covering 360km in 35 hours, with 300 other competing teams.

nuclear-worker
Energy Transition
ByCarson Kearl

This past week two companies in the advanced reactor space went public. Oklo Inc. (NYSE: OKLO) and Nano Nuclear (NASDAQ: NNE) had mixed opening days, with OKLO seeing nearly a 50% price drop from open and NNE trading up well...

Enverus Press Release - Tapping Alberta’s overlooked lithium brines
Energy Transition Intelligence
ByMatthew Keillor, Editor, Enverus Intelligence

Equinor is acquiring 45% stakes in two of Standard Lithium’s direct lithium extraction (DLE) projects in the Smackover Formation in Southwest Arkansas and East Texas, less than a month after closing the book on its U.S. onshore shale operatorship.

Enverus Press Release: Beyond the horizon: US solar and storage solutions are on the rise
Power and Renewables
ByMarie Amice

Learn how Enverus Contiguous Acreage enhancement simplifies parcel discovery, making negotiations easier and projects more viable.

kid-solar-gallery
Power and Renewables
ByColton Wright

Harnessing Sunlight and Soil As the early morning light filters through the countryside, you find yourself on a quiet rural road. You’re sipping coffee and humming your favorite tune. You’re on your way to see loved ones, explore a national...

emissions-wind-women-working
Power and Renewables
ByBryan DiRenzo

In the United States, the anticipated load growth and the retirement of aging plants to meet state mandates are creating a compelling narrative for the expansion of battery storage infrastructure.

Enverus Press Release - Load impact imminent: Data center growth at the mercy of power supply constraints
Energy Transition
ByJeffery Jen

On March 25, 2024, the EPA released its final rulemaking on the update to 40 CFR Part 60 implementing its New Source Performance Standards for New, Modified and Reconstructed Fossil Fuel-Fired Electricity Generating Units.

accurate-grid-forecastin
Energy Transition Intelligence
ByMatthew Keillor, Editor, Enverus Intelligence

In March 2021, the Biden administration set a goal of deploying 30 GW of offshore wind capacity in the U.S. by 2030. These efforts have faced significant growing pains.

Let’s get started!

We’ll follow up right away to show you a quick product tour.

Let’s get started!

We’ll follow up right away to show you a quick product tour.

Sign up for our Blog

Register Today

Sign Up

Power Your Insights

Connect with an Expert

Access Product Tour

Speak to an Expert