Sentences with phrase «in electricity subsidies»

Our estimates suggest that, as of 2015, cuts in electricity subsidies reduced annual electricity use by around 7 % relative to the scenario of no reform.

Not exact matches

U.S. federal subsidies for renewable energy, which includes biofuels as well as renewable electricity generation, has declined by 56 percent since 2013, dipping to $ 6.7 billion in 2016.

Throw in the increasing fiscal burdens from electricity and water subsidies, military funding for a war in Yemen and rampant unemployment.

The restructuring of VRA will also enable the use of cheap electricity from legacy hydro to support government subsidy objectives to a targeted category of consumers in a transparent manner.

The cost to the UK government is up to # 30bn in guaranteed subsidies over 35 years but will put # 37 on every household's electricity bill for an indefinite period.

But by putting the targets into law and mandating a set of regulations — including requiring 35 percent of the country's electricity to come from clean sources by 2024; establishing a voluntary carbon market; developing incentives to promote renewable energy; phasing out fossil fuel subsidies; and forcing companies in the largest carbon polluting sectors to report their emissions — they said the results could be groundbreaking.

The report, «Beyond Renewable Portfolio Standards: An Assessment of Regional Supply and Demand Conditions Affecting the Future of Renewable Energy in the West,» compares the cost of renewable electricity generation (without federal subsidy) from the West's most productive renewable energy resource areas — including any needed transmission and integration costs — with the cost of energy from a new natural gas - fired generator built near the customers it serves.

Nuclear power is not «too cheap to meter,» and in fact, despite hundreds of billions of dollars in government subsidies and in ratepayer charges, nuclear power greatly trails other fuels as a source of electricity and is useless in providing for the world's other major energy needs, including transportation.

Assuming you believe in economic efficiency and a free market, you should be advocating a reduction in subsidies to energy companies for production of electricity by nuclear and fossil - fueled plants.

For example, an «energy security fee» of $ 3.50 per barrel of imported oil would raise approximately $ 15 billion annually; reduced fossil fuel subsidies as proposed by the administration could generate upwards of $ 35 billion over ten years; a utilities electricity fee could raise at least $ 2 billion annually, as included in the Kerry - Lieberman American Power Act; and royalties on new offshore continental shelf drilling could raise more than $ 100 billion over twenty years.

Using data from the province's electricity market operator, this joint study by Energy Probe and Consumer Policy Institute1 estimates that at least $ 1.7 billion in wind subsidies have been given to wind farm operators in Ontario since 2006, the earliest date for data.

Despite billions of pounds in investment and subsidies, Britain's wind - turbine fleet was producing a feeble 2.43 per cent of its own capacity — and little more than 0.2 per cent of the nation's electricity in the coldest month since records began.

In 2010 the $ 5 Billion in federal subsidies for wind - generated electricity was more than TRIPLE the amount that went to natural gas - generated electricity and coal - generated electricity COMBINEIn 2010 the $ 5 Billion in federal subsidies for wind - generated electricity was more than TRIPLE the amount that went to natural gas - generated electricity and coal - generated electricity COMBINEin federal subsidies for wind - generated electricity was more than TRIPLE the amount that went to natural gas - generated electricity and coal - generated electricity COMBINED.

Meanwhile, subsidies worldwide do support wind power, which had a 27 % increase every year recently and solar photovoltaic electricity, with 56 % increases in installations.

The subsidy will be charged to all electricity customers in proportion to their electricity usage.

But offshore wind power is so expensive that it will receive at least three times the traded cost of regular electricity in subsidies — more than even solar power, which was never at an advantage in the U.K.. For minimal CO2 reduction, the U.K. economy will pay dearly.

However, building the transmission lines that enable wind speculators to erect turbines on Maine mountains, and thus to generate electricity that actually goes to consumers in Connecticut and Massachusetts, gives license to developers to cash in on lavish ratepayer and taxpayer subsidies.

If electricity consumption in coming years stays at 2017 levels, subsidies for nuclear allowed under this new legislation will be $ 300 million or less per year.

Saudi Arabia is the second largest country subsidizing end - use fossil fuel prices, providing 69 percent of its $ 71.3 billion in fossil fuel consumption subsidies to oil, 19 percent to electricity, and 12 percent to natural gas in 2014.

Thanet therefore cost a whopping # 8.6 billion per GW of effective capacity — nearly a # billion more than Hinkley point, but supplying the grid with electricity at three times the market value, netting its operators more than # 75 million in subsidies per year.

Russia ranked third with $ 39.6 billion in fossil fuel consumption subsidies, 44 percent covering natural gas and 56 percent going to electricity.

In addition, New Jersey, in common with many other states, allows homeowners to get credit for their solar electricity at retail prices while the energy being replaced could have been bought by the utility at much lower wholesale prices, a subsidy called net meterinIn addition, New Jersey, in common with many other states, allows homeowners to get credit for their solar electricity at retail prices while the energy being replaced could have been bought by the utility at much lower wholesale prices, a subsidy called net meterinin common with many other states, allows homeowners to get credit for their solar electricity at retail prices while the energy being replaced could have been bought by the utility at much lower wholesale prices, a subsidy called net metering.

Of the $ 78 billion in fossil fuel consumption subsidies Iran paid, 52 percent covered oil, 29 percent funded natural gas, and the remainder (20 percent) went to electricity.

Indonesia's fossil fuel consumption subsidies totaled $ 27.7 billion in 2014 with oil receiving the most (70 percent) and electricity, 30 percent.

In April, Germany approved bids for the first offshore farms that promise to supply electricity at market prices without any subsidy.

The Feed - in - Tariff subsidy for a 50kW turbine is currently 25.5 p / kWh, more than 5 times the value of the electricity.

In order to get back on track with decarbonisation of the electricity sector in a manageable way, policymakers across the EU will have to address this market failure by turning the focus from subsidies back to the emissions trading systeIn order to get back on track with decarbonisation of the electricity sector in a manageable way, policymakers across the EU will have to address this market failure by turning the focus from subsidies back to the emissions trading systein a manageable way, policymakers across the EU will have to address this market failure by turning the focus from subsidies back to the emissions trading system.

TORONTO • Is Ontario generating less electricity from solar panels and wind turbines than it did years ago, despite billions in subsidies to the renewable energy sector?

The choice is between leaving CO2 emissions to the markets with every expectation of large and rapid decreases in CO2 emissions or pursuing a government regulatory and subsidy approach that is unlikely to achieve anything except a bitter political and legal fight, rapidly increasing electricity rates, and rapidly declining electricity reliability.

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 that regard, I'm betting that tens if not hundreds of millions of Chinese would agree to pay more for clean electricity as they choke on their own outrageously dirty air (in a sense they already are paying more — via hyper - subsidies for solar power in ChinaIn that regard, I'm betting that tens if not hundreds of millions of Chinese would agree to pay more for clean electricity as they choke on their own outrageously dirty air (in a sense they already are paying more — via hyper - subsidies for solar power in Chinain a sense they already are paying more — via hyper - subsidies for solar power in Chinain China).

Green energy fact: if we put all green energy subsidies together in one - dollar bills and burn them, we could generate more electricity than has been produced by subsidized green energy

Despite recent changes in U.S. trade policy, the cost of photovoltaic (PV) technology continues to fall dramatically, and in many places solar is cost - competitive — without subsidy — relative to conventional electricity.

Recharge news The energy world was stunned in April when 1.38 GW of German offshore wind was won at tender with zero - subsidy bids, meaning that the three projects will rely solely on the wholesale electricity price when commissioned in 2024 - 25.

Meanwhile offshore wind had its first «subsidy - free» bids in tenders In Germany and the Netherlands, with tenders for nearly 2 GW of new offshore wind capacity receiving no more than the wholesale price of electricitin tenders In Germany and the Netherlands, with tenders for nearly 2 GW of new offshore wind capacity receiving no more than the wholesale price of electricitIn Germany and the Netherlands, with tenders for nearly 2 GW of new offshore wind capacity receiving no more than the wholesale price of electricity.

To prevent coal subsidies causing chaos in other EU countries, the European Commission proposed a CO2 threshold of 550 grams per KWh of electricity to be eligible for receiving capacity payments (public money to remain online).

Funding these subsidies for renewables and the backups needed for them is producing crippling electricity prices (doubled in the past decade).

The Autumn Budget put a freeze on further subsidies for low - carbon electricity, even after the latest auction in September showed offshore wind will soon be cheaper than new gas - fired power.

The international community has committed to phase out subsidies for fossil fuel use, including in the electricity sector.

Over recent years, Indonesia's fuel and electricity subsidy reforms have made the country a leader in progress towards this commitment.

In other words, in desert regions at low latitudes, with government subsidies, solar power can become inexpensive, provided someone else is responsible when electricity is needed at night or on rainy dayIn other words, in desert regions at low latitudes, with government subsidies, solar power can become inexpensive, provided someone else is responsible when electricity is needed at night or on rainy dayin desert regions at low latitudes, with government subsidies, solar power can become inexpensive, provided someone else is responsible when electricity is needed at night or on rainy days.

The IEA found that about 60 percent of fossil fuel subsidies in the APEC economies is now in the residential sector, for electricity, gas and LPG.

New research predicts the energy storage market in Germany will increase 11-fold in the next five years, with the residential market buoyed by declining feed - in tariffs, high electricity prices and $ 30 million in subsidies, while the primary reserve market boosts activity within the utilities sector.

Very generous subsidies are given to wind developers through feed - in tariffs and «Renewables Obligations Certificates» that force suppliers to get an ever - increasing proportion of their electricity from renewables, regardless of cost.

Saudi Arabia is the second - leading subsidizer of end - use fossil fuel prices, providing 61 percent of its $ 48.6 billion in fossil fuel consumption subsidies to oil, 26 percent to electricity, and 14 percent to natural gas in 2015.

China came in fifth with fossil fuel consumption subsidies totaling $ 19.24 billion, 63 percent covering oil and 37 percent covering electricity.

As significant is that in April 2016, as part of the nation's first auction for grid connections, Germany's federal agency for electricity and gas, Bundesnetzagentur, selected three offshore projects by DONG Energy and one by German utility EnBW — a combined capacity of 1,490 MW — for zero - subsidy bids.

Partner Country Series - Fossil Fuel Subsidy Reform in Mexico and Indonesia Overview of fuel subsidies with focus on transport fuels in Indonesia and electricity in Mexico

The extra cost is likely to be passed on to households, which already pay about # 1 billion a year in a consumer subsidy that is added to electricity bills.

Furthermore, in the case of solar, consumers (in Arizona at least, and I believe in other states as well), are paid retail rates when the «sell» their electricity back to the utility as opposed being paid wholesale rates — that is another form of subsidy that further distorts the market.