The Rise of "Solar as Baseload"

Can intermittent renewables truly replace traditional thermal plants?

The economics of Solar-Plus-Storage (S+S) have reached a tipping point where they can now serve as “mid-merit” or even “baseload” assets. With pack prices for Lithium Iron Phosphate (LFP) batteries dropping toward $60/kWh, the Levelized Cost of Storage (LCOS) has plummeted.

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