Sentences with phrase «electricity and gas market»

The procedure for registration as an electricity retailer is now being performed based on screening by the Electricity and Gas Market Surveillance Commission (EGC), which was established for the liberalization and reform of the energy market.

We have put consumers» interests — today and in the long term — at the heart of our policy, encouraging more competitors in the electricity and gas markets, working with Ofgem to simplify the confusion of tariffs, and getting tough on abuses.

Reforming the electricity and gas markets is an economic and political imperative.

Not exact matches

Following a record - breaking summer, Australia's energy market operator warned this week that eastern Australia desperately needs more gas for power stations within the next two years to provide back - up electricity for wind and solar and avert blackouts.

While the cost of electricity from coal and gas will go up and down given the volatility of the markets for those fuels, we can enter into a 20 year contract for renewable energy where we know what we'll be paying for the electricity today and in 2033.»

Florida's power outages will probably be a bigger story going forward, affecting electricity markets and likely cutting into natural gas demand for quite some time.

We have contracted nearly 50 % of our natural gas and electricity usage through the fall and the deregulated markets in which we operate at prices favorable to calendar 2011.

It currently offers futures and options contracts on coal, crude oil, refined products, electricity, emissions, liquified natural gas, natural gas, natural gas liquids and petrochemicals offered on its ICE Futures US, ICE Futures Europe, ICE Futures Singapore, ICE OTC platform, ICE Endex and Trayport markets.

GFI offers competitive intermediary services in a variety of energy and commodity markets around the world, including electricity, natural gas, coal, freight derivatives and metals.

The reasons are familiar by now: cheap natural gas, cheap renewables, stagnant electricity demand, and old coal plants getting outcompeted on the market.

David Brewster and Beth Griggs, «Competition Issues in the Electricity Industry - The Australian Gas Light Company v Australian Competition and Consumer Commission» [2004] AURELawJl 36; (2004) 23 (1) Australian Resources and Energy Law Journal 98 Stephen G Corones, «Informal merger clearance process under scrutiny: Australian Gas Light Company v ACCC» (2004) 32 (2) Australian Business Law Review 147 - 151 (abstract only) Rajat Sood, «Implications of AGL v ACCC — Market Power and Competition in the National Electricity Market» (2004) 32 Australian Business Law Review 375

Five short videos from Iain Conn and Jeff Bell covering 2017 H1 performance and outlook, customer accounts, the British Gas electricity price rise and Centrica's views on the UK energy market.

The white paper on Electricity Market Reform has mapped out a new policy to encourage the billions of investment that we need in all three families of low carbon electricity generation — renewables, nuclear and clean coElectricity Market Reform has mapped out a new policy to encourage the billions of investment that we need in all three families of low carbon electricity generation — renewables, nuclear and clean coelectricity generation — renewables, nuclear and clean coal and gas.

«We have signed the agreement with ENI, which is a $ 7.5 billion investment agreement, the single largest investment ever made in Ghana probable after the Akosombo Dam and that is going to provide sufficient 1.5 how many million cubic feet of gas to produce power, the regional electricity market for West Africa is going to become operational at the end of this year, it means that if Ghana is able to produce more power and we have excess, we can put it on the regional electricity market and supply to Burkina Faso and to Mali and to others who do not have enough power.http: / / ghanapoliticsonline.com

The policy that attracted the most attention was the commitment to help tackle the «cost - of - living crisis» by freezing gas and electricity prices until 2017 to give time to «reset the market» in favour of consumers.

Allowing markets to function will also have implications beyond exchange rates to electricity tariffs, retail oil and gas prices and airline prices for instance!

«I would be interested in receiving your assessment of gas and electricity supply and market conditions both in the UK and Europe and likely future trends.

Energy marketing firms trying to protect their ability to sell natural gas and electricity to utility customers in New York are urging regulators to begin closed - door settlement talks that could end their protracted battle over new energy sales standards.

Gov. Andrew Cuomo announced in February that the state was taking tough new measures against energy marketing companies, also known as ESCOs, after data showed some were charging more than utilities for gas and electricity supply.

The state created the market for ESCOs as a way to encourage competition for wholesale electricity and natural gas.

The findings suggest that as the U.S. energy market continues to shift from coal to natural gas, the overall «toxicity burden» of the electricity sector will decrease, said study corresponding author Shelie Miller, an environmental engineer and an associate professor at the U-M School for Environment and Sustainability's Center for Sustainable Systems.

The Regional Greenhouse Gas Initiative (RGGI), a mandatory cap - and - trade carbon market encompassing 10 Northeast and mid-Atlantic states, requires electricity producers to reduce carbon dioxide emissions by 10 percent by 2018.

To date, routes to market have been put in place for annual Gas and electricity savings of # 231k; IT Connectivity Services (Voice, Broadband and E-safety) savings of # 286k, and; HR and Payroll annual savings of # 111k.

The decline in the United States has mainly been due to market forces shifting electricity generation from coal to abundant and cheaper natural gas, along with environmental regulations built around the traditional basket of pollutants that even conservatives agreed were worth restricting.

The U.S. experience suggests that a more efficient gas market, marked by flexible pricing and fueled by indigenous unconventional resources that are produced sustainably, can reduce coal use, CO2 emissions and consumers» electricity bills, without harming energy security.

In his January working paper, «The Market Value and Cost of Solar Photovoltaic Electricity Product,» Borenstein also found that, even after considering that the panels reduce greenhouse gases, their costs still far outweigh their social benefits.

The electricity industry already is — and has been for years — in a rapid transition away from coal and towards cleaner generation — a transition driven mainly by fundamental market forces such as lower gas prices, lower costs for wind and solar power and energy efficiency, and by state and federal policies and company planning decisions that long predated the Clean Power Plan.

Power companies are well on their way to meet the Plan's targets, thanks to the fact that the electricity industry has already started rapidly moving away from coal and towards cleaner generation — a transition driven mainly by fundamental market forces such as lower gas prices, lower costs for wind and solar power and energy efficiency, and by state and federal policies and company planning decisions that long predated the Plan.

Select Docket ------------------ 15 - IEPR - 01 - General / Scope 15 - IEPR - 02 - Electricity Resource Plans 15 - IEPR - 03 - Electricity and Natural Gas Demand Forecast 15 - IEPR - 04 - AB1257 Natural Gas Act Report 15 - IEPR - 05 - Energy Efficiency 15 - IEPR - 06 - Renewable Energy 15 - IEPR - 07 - Southern California Electricity Infrastructure Assessment 15 - IEPR - 08 - Transmission and Landscape - Scale Planning 15 - IEPR - 09 - Natural Gas Market Assessment 15 - IEPR - 10 - Transportation 15 - IEPR - 11 - Climate Change 15 - IEPR - 12 - Nuclear Power Plants 15 - IEPR - 13 - Changing Trends in Sources of Crude Oil ------------------

The assumption undergirding EP's analysis was that cheap natural gas, heavily - subsidized solar and wind, and flattening electricity demand, make nuclear plants less economical everywhere, not just in deregulated markets.

However, in the spirit of Chairman Smith's request, this report analyzes the Clean Power Plan in the context of the AEO2015 High Economic Growth and High Oil and Gas Resource cases as well as the Reference case in order to examine indicators of the proposed rule's impacts on energy markets under varying assumptions regarding economic growth, electricity demand, and fuel prices.

It's another acknowledgement of the tough operating environment for nuclear facilities as gas - fired and renewable energy sources continue to grab more power generation market share in an era of lower electricity costs and slowing demand for electricity.

Yet the Netherlands has also put the opening of the gas and electricity markets on a fast - track schedule.

Costs of generating electricity from coal and natural gas are rising as renewables penetrate the market and fossil fuel plants run less, according to Bloomberg New Energy Finance.

Friedman... would have viewed climate change as a negative externality associated with burning fossil fuels and would have believed that society was entitled to recover its losses from those who emit carbon to advance their economic interests... While there is a market for the products that are associated with greenhouse gas emissions — like electricity, fuel and steel — there is no market for the pollution inflicted by their manufacturers on the public.

Without the recent extensions, the electricity market would have faced a severe shortage of supply that would have been «nothing short of catastrophic» and resulted in more coal - or gas - fired power plants being built and increased greenhouse gas emissions, Was said.

Despite having Fair Tax Mark status, SSE lost marks in the Anti-Social Finance column for several reasons including criticisms of inflated prices and profiteering levelled at all the «big six» energy providers, from Ofgem, the government regulator for gas and electricity markets.

Natural gas delivered to market as LNG has life - cycle greenhouse gas emissions (ie extraction, pipelining, liquefaction, shipping, regasification, pipelining and burning for electricity) of roughly 600 - 800 kg of carbon per megawatt - hour of electricity.

Hirrel's complaint notes: «If Dominion, Duke and Piedmont were to acquire their gas and its transportation, plus electricity generation, in competitive markets, they would, the Commission must suppose, engage in a very different decision making process.

There is evidence that the Midwest is steadily decarbonizing its electricity generation through a combination of new state - level policies (for example, energy efficiency and renewable energy standards) and will continue to do so in response to low natural gas prices, falling prices for renewable electricity (for example, wind and solar), greater market demand for lower - carbon energy from consumers, and new EPA regulations governing new power plants.

Stanwell said the past year had been the most difficult since the inception of the National Electricity Market in 1997, and the next two years would also be difficult.But it was hopeful it could generate returns of 8 - 10 per cent in it coal and gas fired generation business by 2017/18.

Going forward, we will promote fuel - switching from coal to gas for electricity production and encourage the development of a global market for gas.

As system planning and electricity market design are modernized, it is becoming increasingly clear that the services and attributes most under - recognized by today's markets are greenhouse gas emissions in some jurisdictions and operational flexibility.

Proceedings: Friday 4 May Opening remarks Welcome by Mr, Sefa Sadık AYTEKIN, Deputy Undersecretary, Ministry of Energy and Natural Resources, Turkey Keynote address by H.E. Thamir GHADHBAN, Chairman of the Prime Minister's Advisory Commission, Iraq Workplan of WEO - 2012 Iraq Energy Outlook by Dr. Fatih BIROL, Chief Economist, IEA Session 1: Energy in Iraq — fuelling Iraq's reconstruction and development Chair: Mr. Simon STOLP, World Bank Introductory interventions: H.E. Martin KOBLER, Special Representative of the United Nations Secretary General for Iraq Dr. Usama KARIM, Advisor to the Deputy Prime Minister for Energy, Iraq Dr. Kamal AL - BASRI, Chairman of the Iraq Institute for Economic Reform Open discussion Session 2: Iraq's electricity sector — short term needs and long - term interests Chair: Mr. Hamish MCNINCH, International Expert Introductory interventions: Dr. Majeed ABDUL - HUSSAIN, Parsons Brinckerhoff Dr. Abdul Qader AHMED, Mass Global Open discussion Special address: Mr. Tariq SHAFIQ, Managing Director, Petrolog & Associates Session 3: Iraq's oil and gas supply — managing the development of a huge resource Chair: Mr. Tariq SHAFIQ, Managing Director, Petrolog & Associates Dr. Ali AL - MASHAT, Advisor, Prime Minister's Advisory Commission, Iraq Ms. Ruba HUSARI, Managing Director, Iraq Insight Open discussion Session 4: Iraq and international markets — impacts on regional and global balances Chair: H.E. Thamir GHADHBAN, Chairman of the Prime Minister's Advisory Commission, Iraq Introductory interventions: Dr. Mussab AL - DUJAYLI, former Director General, State Oil Marketing Organisation Mr. Jonathan ELKIND, Principal Deputy Assistant Secretary, Department of Energy of the United States Ms. Coby VAN DER LINDE, Director of the Energy Programme, Clingendael Institute, the Netherlands Open discussion Session 5: Summary and conclusions Co-Chairs: H.E. Fareed Yasseen, Ambassador of Iraq to France and H.E. Nick Bridge, Ambassador of the United Kingdom to the OECD Tour de table with recommendations for key topics and areas of study for consideration in the WEO - 2012 Concluding remarks by Dr. Fatih BIROL, Chief Economist, IEA

Filed Under: Energy, Markets, Oil, Gas & Coal, Renewables, Transport and energy Tagged With: electric cars, electricity market, energy storage, energy transition, grid, infrastructure, natural gas, renewables, solar power, sustainable mobility, US energy policy, wind poGas & Coal, Renewables, Transport and energy Tagged With: electric cars, electricity market, energy storage, energy transition, grid, infrastructure, natural gas, renewables, solar power, sustainable mobility, US energy policy, wind pogas, renewables, solar power, sustainable mobility, US energy policy, wind power

Even classic utilities like electricity and natural gas are being exposed to competition because of advances of technology that are inevitable in a free market system.

Complementing a let - the - market - decide argument for allowing natural gas to compete against electricity is a grid security and diversity argument.

Deepened cross-border electricity and natural gas interconnections increase market efficiency and reduce energy transport friction.

The capacity market approach pays utilities and other operators billions of pounds to commit to keep their coal, gas, nuclear and hydro power plants open, for up to four years ahead, regardless of whether they were planning to do this anyway, and regardless of whether they generate any electricity.

Wholesale Electricity and Natural Gas Market Data: Biweekly on Thursday Electric Power Monthly: between the 20th and the 25th of the month Electricity Monthly Update: between the 20th and the 25th of the month