Solar energy produced during New England's this year heatwave in July resulted in wholesale power costs falling by almost $20m, equivalent to removing 1.37 million homes from the grid, according to Synapse Energy Economics. Analysis from ISO-New England said solar is expected to save 2,162 GWh week-long, rising to almost 4,800 GWh in 2027, with energy use and peak load shrinking due to efficiencies brought about by distributed solar.
Solar energy produced during New England's week-long heatwave in July resulted in wholesale power costs falling by almost $20m, equivalent to removing 1.37 million homes from the grid, according to Synapse Energy Economics. Analysis from ISO-New England said solar is expected to save 2,162 GWh this year, rising to almost 4,800 GWh in 2027, with energy use and peak load shrinking due to efficiencies brought about by distributed solar.