Sentences with phrase «fossil fuel costs»

That, in turn, would save $ 4 trillion in fossil fuel costs.
Using renewable sources like wind is just an extension of this idea, but adds an environmental bonus, and also protection from likely increases in fossil fuel costs.
Xcel was also caught testifying just three days later that, when concerning its nuclear power plant, non-fossil generation (like solar...) did provide «a valuable hedge against potential increases in fossil fuel costs» which have been «extremely volatile.»
Since much RE now costs the same or less than coal, oil their real cost is Zero or even profitable and far less costly as fossil fuel costs rise..
Because there is no fuel cost associated with wind energy, utilities can secure long - term contracts (approximately 20 - 25 years) and lock in prices that protect their customers from price spikes due to volatility in fossil fuel costs.
So comparing it to nuclear or coal is misleading because wind serves a different purpose; every time it blows there's a substantial decrease in carbon emissions, volatile fossil fuel costs, water for cooling, manufacturing and pollution.
This was followed by a session delving into the market realities of high wind integration in Alberta, including the findings of CanWEA's ground - breaking Pan-Canadian Wind Integration Study, which demonstrated how Canada can get more than one - third of its electricity from wind energy without compromising grid reliability, and at the same time dramatically cut emissions, save billions in fossil fuel costs and generate new export opportunities.
A number of factors, especially volatile fossil fuel costs, have altered the mix of energy sources used to produce electricity (Figure 1).
As for your desire for healthcare to be factored into the fossil fuel costs, that is more of guilt propaganda than logical argument.They certainly could not be used for subsidy arguments as the government doesn't pay for all those healthcare costs (we're not a single - payer socialist system in America).
We're at a transition which is where fossil fuel costs are rising and renewable energy costs are falling, and they are starting to cross over.
Imported fossil fuel costs are the primary driver behind high electricity rates and subject Hawaiian residents to rapidly fluctuating prices.
The LADWP approved a two year rate increase on the power side to pay for this investment, as well as to repair its crumbling infrastructure, cover rising fossil fuel costs, and more.
Because there is no fuel cost associated with wind energy, utilities can secure long - term contracts (~ 20 - 25 years) to lock in prices and protect their customers from price spikes due to volatile fossil fuel costs.
Interestingly, it is easier to defray fossil fuel costs in remote locations than on the main grid.
Indeed, there are practical, real - world reasons for the carbon tax to start below the SCC — to allow households and businesses at least a little time to adjust to higher fossil fuel costs — but to soon rise to meet or even exceed the SCC, in order to counterbalance institutional barriers that prevent societies from responding to price signals fully and instantly.
In the opinion of the Danish government this is a reasonable insurance policy against unexpected increases in fossil fuel costs and a solid investment in Denmark's future energy security.
There is no conflict — fossil fuel costs will continue to rise — capitalism will provide the innovations to substitute energy sources cost effectively and anthropogenic climate change is ultimately irrelevant if not a distraction from the real issues.
At the same time the study showcased how wind energy can dramatically cut emissions, save billions in fossil fuel costs and generate new export opportunities.
They have done honorable work — largely figuring out how to cushion coal - state consumers and carbon - intensive industries from rising fossil fuel costs in a carbon constrained world — but the fruits of their labor have been demonized by the opposition as «cap and tax,» Rube Goldberg, etc..
The most important point is that fossil fuel costs will continue to grow in the years to come, with or without climate change legislation.
Fossil fuels cost a lot of money and [have] a lot of climate impact; that's something we haven't covered either, but this plan will also reduce carbon dioxide emissions to about a third of what they are now [by] 2050, assuming some level of growth as well.
Of course alternatives to fossil fuels cost more than fossil fuels do, provided you neglect the environmental impact of fossil fuels.
Other fossil fuel cost avoidence strateties relate to transportation costs that a new technology might mitigate.
By 2012, the fossil fuel cost savings were just over 10 billion euros, with the heating sector surpassing the power sector by one billion euros.
So is the need for a hedge against fossil fuel cost increases, the opportunity to create local jobs, put generation near customers and offer community garden subscriptions.
«Renewable and fossil fuel cost per unit of energy are now roughly comparable in many places... but heading in opposite directions,» the report said.
Wind energy is homegrown electricity, and can help control spikes in fossil fuel cost.
1 KW - h of energy generated from solar cells costs about 35 cents where the same energy produced through combustion of fossil fuels costs about 4 - 5 cents.
JM: 1 KW - h of energy generated from solar cells costs about 35 cents where the same energy produced through combustion of fossil fuels costs about 4 - 5 cents.
So even without accounting for climate change, in most cases fossil fuels cost more than they're worth.

Not exact matches

The world added more energy from renewable sources than from fossil fuels in 2015 and 2016 — because they finally became cost effective.
In the U.S., the cost of solar energy is now about on par with — and in some cases, cheaper than — energy from fossil fuels.
The clean energy industry's continued ability to cut costs and reduce the demand for fossil fuels is pivotal to its success in the coming years.
With economies of scale the cost of solar power has plunged much faster than many people expected — and some are actually arguing that solar will become cheaper than fossil fuels within the next few years.
As he stated flatly in an exclusive interview with Fortune: «The core mission of the company is selling clean energy at a lower cost than fossil fuels.
Environmentalists, meanwhile, warn that, in an era of climate change, the costs of relentlessly pursuing GDP growth — transforming trees into lumber, farmland into malls, fossil fuels into CO2 — now outweigh the benefits.
That means making sure prices cover not only the direct costs of supplying energy but also the environmental externalities associated with production and use of fossil fuels — the waste water (which increases a variety of risks), and the broader side effects from vehicle use — congested roads, traffic deaths, and so on.
«We know that pollution from fossil fuels has a cost because we've experienced it.
For the first time, home and business owners have a viable and cost - competitive alternative to fossil - fuel power utilities.
``... to wean our economy off its overreliance on high - cost carbon fuels...» And how do you propose to do this with fossil fuels representing more than 80 % of the energy budget?
In Alberta and B.C., GST is applied on top of the carbon tax on direct consumer fossil - fuel purchases, such as gasoline, as well as on products where a business has added some or all of the cost of the carbon tax to the cost of their good or service.
It touches on the fossil fuel divestment movement, Tesla's battery - storage revolution, the dropping installation costs that...
The assumption is that the cost of transitioning to renewable energy from fossil fuels will either be negligible or unnecessary (since electricity generation would have largely transitioned to renewables).
While it is becoming cheaper and cheaper to produce and use solar energy, the cost of transitioning from fossil fuels is still very real.
Together RMI - CWR engages businesses, communities, institutions, and entrepreneurs to make a cost - effective shift from fossil fuels to renewables.
The price we pay for fossil fuels does not include the long - term costs to the environment and to human health.
The effect of the tariffs on the cost of imported solar panels makes it more difficult to compete with other sources of power like wind, or even makes fossil - fuel plants look attractive again, Mr. Freeman said.
Think about it: First Solar is developing technology to create clean, renewable power from the sun that is cost competitive with fossil fuels.
Construction costs for energy infrastructure are falling as Australia moves away from fossil fuels and invests in renewable power and new battery storage facilities.
I've thought for some time that solar will beat fossil fuels strictly on cost at some point.
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