Optimal Complementarity Analysis of Potential Floating Solar Co-located with Existing Hydropower Assets Across the Contiguous United States

The U.S. is expected to double its rate of renewable capacity from 2024 to 2030. However, the stochastic nature of renewable energy poses challenges to the operation and reliability of our power grid. The combined generation from renewable energy sources, with dispatchable sources (such as hydropower) operating as a hybrid energy plant, could mitigate this variability. In this paper, the complementarity analysis of selected U.S. reservoirs with existing hydropower assets (EHAs) and potential floating photovoltaics (FPVs) is conducted for the continuous U.S. (CONUS). The optimal FPV capacity for each site is determined by minimizing the variability of the combined output, while adhering to the FPV potential. Our results indicate that over 50% of the analyzed reservoirs achieve a stability coefficient exceeding 0.5, leading to a less-variable output after optimization. Finally, we analyze the complementary hydro-FPV hybrid reservoirs by considering both the Pearson correlation coefficient and the stability coefficient on daily, monthly, and yearly scales. Summaries are included of locations of theoretical FPVs co-located with hydropower plants that exhibit high complementarity based on the selected metrics.