Sentences with phrase «cheaper wholesale electricity prices»
And while that does alter the calculus somewhat, the good news is that even if the «premium» paid for renewables increases if gas prices plunge further, that increased per megawatt - hour premium to meet the CES is largely offset by cheaper wholesale electricity prices overall.
https://www.nrdc.org/ Not exact matches
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.
«Since August, wholesale power prices in South Australia have been consistently cheaper than Victoria, and in September and October, SA had the cheapest wholesale prices of mainland states in the National Electricity Market,» he said.
In other words, cheap natural gas is lowering the price of wholesale electricity, which is cutting into the revenues of all power plant operators.
In the case of solar power, while utility - scale solar is just becoming cheaper than fossil fuels on the wholesale electricity market, rooftop solar panels have long competed with much - higher retail electricity prices.