Report Authored by Brattle Economists Finds that Increased Solar Capacity in Texas Would Have Reduced Electricity Prices in Texas in 2011
Prepared for the Solar Energy Industries Association and the Energy Foundation
Economists at The Brattle Group have prepared a report that analyzes the impact that additional solar capacity in the Texas electricity market would have had on electricity prices in Texas had it been available in the summer of 2011. The Brattle report identifies several areas of potential cost savings for consumers, including reduced prices, lower fuel and O&M costs from utilizing solar instead of additional fossil fuel electricity generation, and lower greenhouse gas emissions. The report follows a recent analysis that revealed that Texas electricity reserves “will challenge operations this summer” because “resource adequacy levels have fallen below targets.” The report, “The Potential Impact of Solar PV on Electricity Markets in Texas,” was authored by Brattle principals Jürgen Weiss and Judy Chang, and associate Onur Aydin. It is available for download below.