Sentences with phrase «high wholesale energy prices»

Not exact matches

However, wholesale energy prices are not the only driver for higher retail energy prices.

Release of the wholesale pricing data in South Australia — and data showing South Australia still has the highest prices in the National Electricity Market — prompted state opposition energy spokesman Dan van Holst Pellekaan to savage a claim by Mr Weatherill that his $ 550 million «self - sufficient» energy plan was producing the lowest power prices in the national market.

New wind and solar is now 20 % cheaper than existing coal - fired generation's average wholesale power price, and 65 % of India's coal power generation is being sold at higher rates than new renewable energy bids in competitive power auctions.

This leads to a divergence between the true cost of the system and the evolution of price of electricity in wholesale markets, in markets with high penetration of renewable energy.»

Not only can hydro - power be fed into the electricity grid when there is a shortage of supply and the wholesale price is high, but energy can be stored as potential hydro - power when there is an excess of electricity and the wholesale price is low.