News & Blog

Wind and solar integration studies have evolved tremendously during the past 10–15 years. When I came to the National Renewable Energy Laboratory (NREL) in 1992, my first “integration study” was really a value study: what would be the value of integrating 1,000 MW of wind capacity in California? I used a production simulation model that…

Nassim Taleb’s “Black Swan theory” is mostly the result of a long-term trader’s experience. It provides a glimpse on the consequences of ignoring the existence of black swans, where most money has been lost by continuing to “do like everybody else is doing” and looking only at an average (scores) while ignoring the extreme events.…

Many of us that have been involved with UVIG over the past decade have been witness to and involved in the start of one of the most remarkable and ongoing transformations in human history – the rapidly accelerating global switch from fossil fuels toward clean and renewable sources of energy. In the early days of…