The Renewables and Wholesale Electricity Prices (ReWEP) Tool

The Renewables and Wholesale Electricity Prices (ReWEP) tool, allows users to explore trends in nodal wholesale energy pricing and their relationship to wind and solar generation. Variable renewable generation can have important impacts to pricing patterns, but those patterns are often obscured when looking at regional average annual pricing trends. The ReWEP tool allows users to compare pricing trends across locations, regions, and a number of different timeframes. These comparisons illustrate the ongoing interactions between wind and solar generation and wholesale energy prices.

Please click here for a document describing the functionality and methods of the tool.

Please see the announcement for the update of ReWEP that occurred in March 2022.

For related reading, please see:

Berkeley Lab’s Wind Market Report

Berkeley Lab’s Utility-Scale Solar report

“Plentiful electricity turns wholesale prices negative” in Advances in Applied Energy

Berkeley Lab’s Solar-to-Grid report

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