Increased energy efficiency in homes and business led to
lower electricity demand growth, reducing the need to generate electricity.
Not exact matches
Having generated power since 1951, Salem Station succumbed to
low natural gas prices, weak
electricity demand growth and tightening Federal pollution controls.
In the High Economic
Growth case,
electricity demand, fossil - fired generation, and resulting CO2 emissions are all higher, while the reverse is true in the
Low Economic
Growth case.
Existing U.S. nuclear power generating plants operate under increasingly competitive market conditions brought on by relatively
low natural gas prices, increasing
electricity generation from renewable energy sources, and limited
growth in electric power
demand.
This reflects both seasonal
growth and added renewable generation capacity, as well as maintenance and refueling schedules for nuclear power plants, which normally undergo maintenance during spring and fall months, when overall
electricity demand is
lower.
And though we burn 8 billion tons of coal every year to fuel around 33 percent of the nation's
electricity generation, the industry has been slumping in the face of
low natural gas prices and sluggish
growth in
electricity demand.
The multiplier effect will help to shape
electricity markets in areas where direct
demand from RE100 members is
low but supply chains are vast, and where coal still features strongly in national
growth plans.
Our modelling indicates strongly that a tax at this
low level will have no effect upon coal - fired generation and, given the relatively
low price elasticity of
demand for
electricity at the retail level (probably because
electricity has been so cheap in Australia), the
demand side effect would be negligible and difficult to spot given the srong secular
growth in
demand.