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.
In recent years, historically low natural gas prices have
driven down
wholesale electricity costs as plant owners switched to that fuel, making nuclear
power less competitive financially.
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drives greatcome see it @ cc
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DRIVE, 7.3
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«Lower natural gas prices have effectively
driven down
wholesale power prices for all generators, regardless of whether they are using natural gas, coal, nuclear
power or renewable resources to generate their electricity.»
«There's a dynamic between the renewable certificate market and the
wholesale market because wind can bid zero or low when there's a lot of wind, forcing
wholesale prices down,
driving coal
power stations out of the market.