Sentences with phrase «when electricity prices»

«It adds more renewables, but it adds renewables when the system most needs capacity, so it also saves ratepayers money when electricity prices are highest.»

It would also be possible for the battery charging system to be set up so that power could be sold from the battery back into the grid when electricity prices were very high — to the profit of the battery owner.

Platts nuclear editor discusses why utilities are building new nuclear capacity when electricity prices are so low and the price of natural gas is relatively low.

Furthermore, this consideration might influence the ideal location or orientation of a solar design (such as siting the design where it will get more afternoon light, and thus offset energy when electricity prices are higher, rather than where it would produce the most energy overall).

Solar power is more costly than wind, watt for watt, experts say, but delivers the energy at a time of day when electricity prices are higher and is more valuable even if it is more costly.

They run during the 15 % of the hours (or sometimes many fewer) when they are most needed and when the electricity price is highest.

Not exact matches

The plant operates when the spot price of electricity exceeds the cost of acquiring gas plus an allowance.

In an experiment, we tried sending people a price signal, where they were paying more in those peaks, and we saw a significant response: People use less electricity when the price is high.

If you just charge people a lower price when there's a lot of wind and sun (when the supply of electricity is abundant and cheap) and a higher price at times when there's not, they'll reduce consumption when electricity is scarce.

Swain said the cancellations occurred when electricity distributors became concerned about storage triggering price spikes.

The controversy over BC Hydro rate increases began last March when the company announced plans to increase electricity prices by nearly ten per cent for the next three years.

Calpine's deal comes at a time when the U.S. wholesale power generation industry is struggling with margin pressure as cheap natural gas from shale fields in recent years has been driving down electricity prices.

When they've invested in clean power, technology costs have dropped to the point that clean electricity is beating out fossil power on price alone in a growing number of jurisdictions.

Douglas Porter, chief economist and managing director of BMO Financial Group, had similar concerns when it came to his take on the current state of electricity pricing in Ontario.

The revelation that Quebec was chosen over other provinces to play host to Amazon's data cluster comes at a time when Kathleen Wynne's Ontario Liberal government is reeling from an energy policy that has sent electricity prices skyrocketing in recent years.

«When they tried to fix prices in California it resulted in an electricity crisis and widespread blackouts.

«When they tried to fix prices in California it resulted in an electricity crisis and widespread blackouts,» energy and climate change secretary Ed Davey said.

The cancellation of the 100.5 - megawatt Noble Allegany wind park was blamed on low wholesale electricity prices, which have made it more difficult to justify the project's costs at a time when the economy is weak and financing remains tight.

«Last week they told us oh don't worry; we promised we were going to reduce electricity tariff; it's coming, we are going to reduce it drastically... look under the current circumstance, when we are shifting from hydro to thermal, and with the kind of prices crude oil is achieving on the international market, if anybody tells you that they are going to reduce electricity tariff in the face of the privatisation of the ECG, and you believe them, it is up to you.

The John Mahama - led NDC Government has, through the PURC, presented the long - suffering people of Ghana with yet another wicked and insensitive present just when Ghanaians are bracing themselves for probably the worst Christmas in a generation: a more than 60 % increase in the price of electricity and water.

The switches could be programmed to shut off when power demands on the grid (and hence electricity prices) peaked.

Given the right financial incentives, though, many households may accept smart grid strategies that let utilities reduce power consumption in homes at peak periods of demand, when wholesale electricity prices are highest, some analysts conclude.

Eliminating this financial risk premium makes nuclear power levelized electricity cost competitive with that of coal, and it becomes lower than that of coal when a modest price on carbon dioxide emissions is imposed,» the report says.

Arias says Torresol can either run the plant until the battery is exhausted, or it can modulate the power of the turbine during darkness so it is at its maximum between 11 and 11.30 pm, when electricity demand — and price — peaks, «so we are able to reach the next day without stopping the turbine».

He calculates that in 2012, when the carbon price was introduced, emissions from the National Electricity Market were 95 megatons of CO2 per year.

«If the market price fluctuates enough, you could put a storage device there and buy electricity to store it when the price is low and then sell it back when the price is high.

WHEN Mid-2012 THE PRICE OF ELECTRICITY Starting at $ 57,400, the Model S can cover 160 miles before needing a charge.

Bradley also said that although the Outlander PHEV is the highest price Outlander available, when comparing the cost of electricity to the cost of diesel, the 3 year costs of the PHEV are about the same as the 3 year cost of the diesel Outlander version.

The customer can also recharge the battery in the middle of the night, when prices are lowest in some markets, and then use the electricity during the day to reduce energy costs.

TORONTO — Ontario home owners, farmers and small businesses will get some relief from soaring electricity prices starting in January when the provincial portion of the harmonized sales tax is removed from hydro bills.

After painstaking consideration that accounted for a number of factors — from electricity and water consumption to how much time each bath would take — Moorefield settled on a price of $ 13 per bath when he opened shop.

Given that a coal - fired electricity generation plant produces about 1 ton of carbon dioxide per megawatt hour, Borenstein estimated that the price of greenhouse gas reductions would have to range from about $ 150 to $ 500 per ton of greenhouse gases to make the current solar PV technology a worthwhile investment when greenhouse gas reductions are considered.

When you compare current electricity and natural gas prices, the same unit of energy will cost you about three times more for electricity so you can expect to pay a little bit more on your utility bill, even with a sizable energy efficiency improvement.

It shows that the new fridge is cheaper to own (and use) per month, at least in our electricity price region (15 cents / kwh), even when the price of money is taken into account.

To operate the plant, Northland plans to purchase electricity from Ontario's grid at night when prices are low and use it to pump water from the mine pit up to a newly constructed reservoir.

The company ventured into electricity generation with its Solar Roof tiles, moved closer to fully autonomous cars with Autopilot 2.0 and started the construction of its Gigafactory — which will be the largest production facility in the world when completed, but it also had to go through troubles as its share price kept fluctuating due to the uncertainty around its merger with SolarCity.

When it comes to financials, SolarCity's executive team wagers that the combination of existing panels and new storage technologies will produce lower electricity prices — at least during peak demand hours — than power from conventional utilities.

This relates to my example of electricity having different prices depending when and where it is delivered.

The perverse market distortion created by the RET allows wind power outfits to dump electricity at prices approaching zero, on those occasions when the wind is blowing (see our post here).

[A] s a result of basic supply - and - demand dynamics, solar capacity systematically reduces electricity prices during the very hours when solar generators produce the most electricity.

When properly maintained and operated, wind turbines can provide large amounts of electricity, cleanly and reliably, at prices competitive with any other new electricity source.

According to Aurora Research Energy, at the time when the renewables took flight, the U.K. was experiencing (for the first time) negative prices in its «day ahead» electricity market.

Solar photovoltaic power has already reached grid parity (when the cost of the energy matches market electricity prices) in several countries (Australia, Germany, Italy, Spain, Denmark, Portugal, and Brazil) and is expected to reach grid parity in many other coutries within the next few years.

Federal Coalition politicians have hinted darkly that this «indivisibility» hides AGL's true intent to boost the wholesale electricity price for Bayswater (and all other generators) by reducing supply when Liddell's generators grind to a halt for the last time.

EVs will be responsible for even fewer emissions as their technology improves and more electricity is generated by renewables.1 Already, EVs are a commercially available technology that can save consumers money, even when gas prices are low.

Even when they tweaked that question to clarify what the regulations are, and to emphasize that they come at a cost to electricity prices, Americans continue to express support for the idea of allowing the government to «regulate carbon dioxide, the primary greenhouse gas, as a pollutant» at a roughly 2 to 1 ratio.

The detailed price information needs to be transparent to communicate the cost of electricity in specific circumstances as well as the relative value of different forms of electricity generation so that all participants, even from neighbouring markets, learn where and when to operate and invest.

The ice would be produced when electricity was plentiful and cheap, and stored for use later in the day when the power supply became stressed and the retail electricity price rose.

Recharge news The energy world was stunned in April when 1.38 GW of German offshore wind was won at tender with zero - subsidy bids, meaning that the three projects will rely solely on the wholesale electricity price when commissioned in 2024 - 25.

We don't have to worry about future electricity price increases because we included it in our home mortgage when the home was built and our mortgage is fixed for 30 years.»