Sparklines
California’s Solar Industry Is Getting Sunburned
The renewable energy source’s growth is bending the power market in ways that are hurting prices.
Sign up to receive the Green Daily newsletter in your inbox every weekday.
Solar power in California just had a good decade. Thanks to strong policy and, yes, good sun, solar expanded to become a significant proportion of the state’s electricity mix and help substantially decarbonize its power generation fleet. It has been so successful, in fact, that its previous success imposes challenges on its future. Solar has become the snake that eats its own tail, reducing its own revenue and creating new imperatives for solar generators.
