Morning Consult: In Wind and Solar Hot Spots of U.S., Data Shows How Pandemic Tanked Renewables’ Value

Just as the coronavirus pandemic has contributed to a plunge in oil prices, it has also cratered the value of wind and solar energy in many parts of the country. 

According to new data from REsurety Inc. — a clean energy valuation and risk analytics firm — a perfect storm of increased supply and low demand has led to the lowest average monthly value for wind power in any modern market: under $2 per megawatt/hour, recorded in Oklahoma using the regional price. And solar values have barely fared better.