Sentences with phrase «average wholesale energy price»

AVERAGE wholesale energy prices in Victoria and South Australia have more than doubled since this time last year, as experts warn that blackouts and supply issues are likely to increase as state governments chase aggressive renewable energy targets.

Not exact matches

Blaming an increase in wholesale energy prices, Npower has told its four million customers to expect average gas prices to rise by 17.2 per cent and electricity by 12.7 per cent, with other suppliers expected to follow suit.

New wind and solar is now 20 % cheaper than existing coal - fired generation's average wholesale power price, and 65 % of India's coal power generation is being sold at higher rates than new renewable energy bids in competitive power auctions.