For businesses not covered by the tax, this translated to more
expensive electricity prices as well as higher prices for certain Australian commodities.
Not exact matches
Other downstream implications of CCS or other policy will depend on how they affect the relative
price of
electricity... and more
expensive emissions reductions will make
electricity more
expensive than it needs to be, thereby limiting potential uptake of electrification.
CCS really amounts to a combined GHG and natural gas hedge which, in a world of really
expensive gas, allows you to maintain lower
electricity prices than you perhaps otherwise would be able to as you can continue to use relatively cheap and plentiful coal while capturing and storing the emissions.
gas world, and so I would argue that a policy focusing on CCS as opposed to a broader policy on de-carbonizing
electricity through a carbon
price would lead to more
expensive electricity than need be the case in a carbon - constrained world.
Expensive batteries and limited recharging stations are the big impediments to making EVs cost - competitive with non-hybrid internal combustion vehicles, but new
electricity pricing and distribution models may help break the logjam
Under the Solar Community Initiative administered by the World Wildlife Fund and executed by solar firm Geostellar, employees of the four firms can install rooftop solar PV at
prices that average 35 percent below the national average for solar and nearly 50 percent less
expensive than average grid - delivered
electricity, according to WWF and Geostellar.
If the full cost of burning fossil fuels, including health effects and the costs of climate change, were incorporated into the
price of
electricity, PV would quickly be revealed as one of the least
expensive sources of power.
Due to this
expensive trade, we who live in the south of Sweden, have to pay almost the same high
prices as the Danes, although Sweden produces low cost
electricity from mostly Hydro and Nuclear.
So as California was doubling its share of
electricity from costly renewables, its retail
electricity prices rose in line with the rest of the nation as the cheaper natural - gas - generated
electricity covered for the more
expensive green energy.
The system of regulated end - user
prices, however, is subsidising
electricity consumption at a time when low - carbon power supply is becoming more constrained and
expensive.
As shown above, alternative energy produced only 5.7 % of Pennsylvania's power while 56 % of Pennsylvania's
electricity comes from coal, requiring more
electricity to come from more
expensive resources will inevitably raise
prices.
When power
prices are most
expensive, the system automatically reduces the use of utility - provided
electricity and instead draws from the battery.
If customers were forced to pay the actual
price at the time they use
electricity, they would be motivated to shift some of their usage to lower -
price hours, which would reduce the need for some
expensive peaking capacity.
-- In Ontario, with limited economic hydro and
expensive storage, it is mathematically impossible to achieve low CO2 emissions at reasonable
electricity prices without nuclear generation.
By comparison, the contract for the wind - generated
electricity started at 24.4 cents per kwh and includes a guaranteed 3.5 %
price increase bringing the wind - generated
electricity to 47 cents per kwh in twenty years — making the wind - generated
electricity roughly 4 - 8 times more
expensive than the natural gas - fueled
electricity.
That would put pressure on gas and coal
prices, which would in turn make
electricity generation more
expensive.
On some of America's most idyllic shorelines between Vermont and California lie several behemoths of the past, shuttered nuclear power plants closed prematurely because they could no longer compete in
electricity markets upended by record - low natural gas
prices or because they had technical issues that made them too
expensive or scientifically challenging to repair.
In Ontario, with limited economic hydro and
expensive storage, it is mathematically impossible to achieve low CO2 emissions at reasonable
electricity prices without nuclear generation.
A loose - loose to take heavy measures at this stage, since f.ex carbon storage is extremely
expensive, might create carcinogens, raise the
price of
electricity enormously and is a one - way - solution, totally useless if CAGW should be proven to be wrong.
One hypothesis might be that while
electricity from solar and wind became cheaper, other energy sources like coal, nuclear, and natural gas became more
expensive, eliminating any savings, and raising the overall
price of
electricity.
If
electricity was dynamically
priced,
price fluctuations would be arbitraged by those market participants who could shift their demand or supply at least cost; among other things, this would remove the need for
expensive peak - load plants and make solar and wind energy much more practical.
Under time - of - use
pricing, consumers pay a lower
price for
electricity when it is least
expensive — and higher when
electricity costs more to produce.
Yes, the # 92.50 / MWh of
electricity from Hinkley point is
expensive — at twice the current
price of
electricity.
The only time it makes economic sense to call on these more
expensive resources is when demand pushes
electricity prices high enough, as it did during the bomb cyclone.
Looking at the average wholesale spot
price for June for the National
Electricity Market the states in order of most
expensive to least
expensive are SA, TAS, VIC, NSW, QLD.
As renewable power projects connect to the power grid over the next few years, expect the
price of
electricity in Ontario to rise as consumers start paying for more
expensive green energy.
Expensive appliances, spendy materials for countertops, plumbing, and
electricity all likely contribute to those high
prices, but Ikea's survey might shed some light on why so many people make the kitchen the focal point.
The Bitcoin mining industry has a razor - thin profit margin as it is and having a
price of
electricity that is even a few tenths of a cent more
expensive over the competition can mean getting beaten out of the market.