Sentences with phrase «higher wholesale electricity price»

«In the case of Eversource, this is all regulated generation so they're not benefiting from a higher wholesale electricity price,» Marks said, «though there are some indirect pathways that we think are really relevant which may mean higher prices may be good for them.»

Not exact matches

At one point, the wholesale cost of electricity went into the negative at mid-day — the point on the 24 - hour clock where prices are supposed to be higher.

«New York households pay some of the highest electric bills in the nation, and the wholesale electricity market overseen by NYISO has a major impact on prices,» said Beth Finkel, state director for AARP in New York state.

Given the right financial incentives, though, many households may accept smart grid strategies that let utilities reduce power consumption in homes at peak periods of demand, when wholesale electricity prices are highest, some analysts conclude.

EIA: High temperatures drove record electricity demand and very high wholesale prices in THigh temperatures drove record electricity demand and very high wholesale prices in Thigh wholesale prices in Texas

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.

In Queensland, over the first five months of this year, electricity consumers paid the highest wholesale prices in the NEM, 30 per cent above the average.

Meanwhile, German households picked up the growing bill for the wholesale subsidies for renewables that German industry enjoys, accounting for 18 percent of the average price that consumers paid for electricity last year — twice as high a proportion as in 2010.

In addition to driving more renewables and reducing emissions, an increased RPS policy can reduce wholesale electricity prices, act as a hedge against high, volatile natural gas prices, and add up to 3,000 jobs per year.

If the cost of solar electricity is higher than the wholesale price, but lower than the retail price then point of use solar capacity will be installed as it saves people money on their electricity bills.

In both New England and New York, frigid air has increased demand for natural gas, pushing gas prices higher and resulting in increased wholesale electricity prices.

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.»

A plant may retire if higher coal prices, lower wholesale electricity prices (often tied to natural gas prices), or reduced utilization make investment in equipment like scrubbers uneconomical.

In the case of solar power, while utility - scale solar is just becoming cheaper than fossil fuels on the wholesale electricity market, rooftop solar panels have long competed with much - higher retail electricity prices.

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.