Sentences with phrase «fuel import costs»

Secondly, focussing on delivering turnkey hybrid power solutions, which is of immense requirement in remote power installations such as island nations, most of which either can not afford the kind of diesel or fuel import costs that exist at this particular stage, or have mandates to move away from heavy carbon footprint in order to meet climate change goals.

Not exact matches

«The falling pound is driving up the price of imports and rising oil prices are being reflected in higher fuel costs,» he added.
The surplus was still down 47 percent from a year earlier, with the trade balance remained in deficit as the yen's decline has pushed up costs of imported fuels immediately while its impact on exports will take some time to be fully seen.
Tesla has stated that the microgrid will offset the island's previous use of 109,500 gallons of diesel per year, along with the import shipping costs to get that fuel there in the first place.
Important near - term influences on prices will be the significant increases in production costs that have occurred recently, arising from higher fuel prices, increases in a range of other commodity prices and the effect of the lower exchange rate on prices of imported inputs.
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.
Whelan noted that federal regulators did not find any major obstacles in their final environmental impact statement and that importing natural gas through Port Ambrose would have softened winter spikes in fuel costs that are passed on to consumers.
This development is coming about eight months after the Muhammadu Buhari - led regime stopped the fuel subsidy, which was costing the government millions of naira being paid monthly to oil marketers importing the product then.
One could frame the debate in the advantages of using less fossil fuel, which range from lower costs to people (an all electric car has operating costs about 1/4 that of a gasoline vehicle), to balance of payments (less capital flowing out of the country, especially relevant to countries who import most of their oil), to terrorism (not funding it, and western influence leaving the ME, which is the basis of most ME terrorist organizations) to conflict in general (most of the major conflicts in the last 30 years have involved ME oil), to finite supply (when we run out, we'll be facing a global economic meltdown).
The fuel - flexibility enabled by this new technology will reduce dependency on imported coal and create cost savings, since cheaper options, including waste coal, can be used for fuel, VTT says.
[citation needed] Due to the SR20DE engine's flexibility, reliability, fuel economy and high power - handling capabilities, as well as a low buy - in cost, pre-owned NX2000, SE - R powered Sentras / 200SXs and G20s have become popular and prominent in the «tuner» or «import scene» subculture.
We interviewed tourism officials who expressed caution about clamping down too much on development, given the lack of growth in other economic sectors, and fisherman concerned that no - fishing zones could end fishing altogether — saying local fisherman aren't the main problem and are already facing high fuel costs and competition from cheaper seafood imports.
The fact that other countries will begin to reduce their imports of Australian fossil fuels will impose economic costs on Australia.
Electric rates on the islands are exceptionally high, thanks to the high cost of the imported fossil fuels that have replaced the refinery's fuel.
The embargo highlighted national dependencies of imported fuels, the importance of oil reserves, economic exposure and made the consumer suddenly realise the cost of heating in their uninsulated buildings.
As a recent report by the Carbon Tracker Initiative highlights, grid costs become prohibitive for coal in rural areas when the investment needed to build a thermal power plant is combined with the cost of building electricity grid extensions and importing fuel.
Reduce dependency on (imported) fossil fuels (balance of payments, reliance on potentially unfriendly or unstable nations as suppliers, high cost at the pump, all problems as seen from US viewpoint): — encourage nuclear power generation (cut red tape)-- encourage energy savings and improved efficiency projects (tax breaks)-- encourage basic research into new (non fossil fuel) resources (subsidies)-- encourage imports from friendly neighbor, Canada (Keystone pipeline)-- encourage local oil and gas exploration («drill, baby, drill»)-- encourage «clean coal» projects (tax incentives)-- set goal to become energy independent within ten years
The cost of backfilling hundreds of «missing» wind megawatts, by importing coal - fired power from Victoria, running gas - fired OCGTs, reciprocating diesel engined generators and Jay Weatherill's 276 MW diesel - fuelled Open Cycle Turbines (that chew up 80,000 litres of diesel every hour) is staggering: Wind «Powered» South Australia Pays $ 14,000 per MWh for Power that Coal - Fired Plants Can Deliver for $ 50
Japan's reboot of nuclear power, expected to begin early next year, is set to punish oil imports the most as utilities slash the use of their highest - cost fuel and shut aging oil - fired plants, a survey of Japan's nine biggest power companies showed.
Utilizing existing tax collection mechanisms, a carbon tax is paid «upstream,» i.e., at the point where fuels are extracted from the Earth and put into the stream of commerce, or imported into the U.S. Fuel suppliers and processors are free to pass along the cost of the tax to the extent that market conditions allow.
Renewables, meanwhile, do receive support in the form of direct subsidies, but — in advanced economies alone — can these really be compared to the costly harm fossil fuels do to our health and the planet — now put into figures in the IMF report — plus the cost of importing fuels in the first place?
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Improving energy efficiency across the economy could strengthen energy security by decreasing the country's reliance on fossil - fuel imports, reduce pressure on public budgets that have historically shouldered billions of euros a year in energy subsidies (although some energy subsidies are now being phased out), reduce costs to consumers and improve the comfort and health of its residents.
You can see that the lowest hanging fruit for energy storage and hybrid power installs, apart from developed economies with sophisticated grids, is in economies where the cost of power is high, because of the import costs of fuel.
On the one hand, just about everything requiring fossil fuels, from a drive in the country to imported produce, will cost more, with prices rising the most for activities or goods that use the most fossil fuels.
Meanwhile, infrastructure to produce biofuels - costing tens of billions of dollars - will have to be built, biofuel imports must become available, and fossil fuel use will have to decline dramatically.
«Wind energy's major cost declines have, and will continue to be, critical to opening up new opportunities throughout Canada — whether it is to support the coal phase - out, or to fill an emerging power supply gap as nuclear power plants are refurbished in Ontario, or to help the northeast United States reduce its reliance on fossil - fuel powered generation through clean electricity imports from Quebec or Atlantic Canada.
Despite its relatively high cost, natural gas, mainly imported as LNG, also is likely to experience considerable growth as a fuel for electricity generation.
It charges a slowly rising fee on fossil fuel producers at the entry point to our economy (coal mine, gas / oil well or import terminal) but then returns 100 percent of the fee (less administrative costs) back to all consumers equally via a monthly dividend check.
The most effective policy for reducing CO2 emissions and oil imports from transportation is to spur the development and sale of more efficient vehicles with strict efficiency standards while increasing the cost of driving with strong fuel taxes.
Already, the high cost of these fossil fuel imports has contributed to Japan's newfound trade deficit of $ 32 billion, the country's first in over 30 years.
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