Inform - Ultra-Competitive Renewables Paired Storage Bids Dominate Xcel CO’s All-Source Solicitation

by Ravi Manghani

Public Service Company of Colorado (Xcel Energy subsidiary) released bid details for its 2017 all-source solicitation, which includes over 350 bids from renewables or renewables paired with storage. While the solicitation does not require the assets to come online before 2023, the median bid prices for stand-alone as well as storage-paired solar and wind are amongst the lowest reported till date.

This short report analyzes the bids and describes how they could be a harbinger of a more decentralized world.

This report is only available to subscribers of GTM Research's Energy Storage Service.

Ravi Manghani Director, Energy Storage

Ravi is the Director of Energy Storage at GTM Research, where he focuses on global energy storage markets and value chain analysis. As an industry expert, Ravi has been quoted in various publications including New York Times, Wall Street Journal, Washington Post, Forbes, Bloomberg, Christian Science Monitor, Wired, and Verge.

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