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As utilities work to meet electricity demand, especially during peak summer days, examining the relationship between demand and solar photovoltaic (PV) output can be of significant value to the utility industry. Over the years, energy researchers have developed different statistical methods for calculating this relationship. However, there is no consensus across the utility or solar industries on a statistical method for calculating the capacity value of PV or its practical use in electricity markets and utility planning. The new report, Photovoltaic Capacity Valuation Methods, released today by the Solar Electric Power Association (SEPA) in consultation with project partners, and funded in part by the U.S. Department of Energy's Solar America Initiative, examines the variety of capacity calculation methods in use, and lays the foundation for building consensus within the solar industry, electric utility, and research communities. A complimentary copy of the full report can be downloaded from the SEPA website at http://tinyurl.com/43n4hl.
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