Third, the focus of my comment was also on climate,
not on electricity prices, although the two (with respect to this subject) are very interlinked, as you've pointed out in the past and as your own point about competitiveness with respect to coal in China underscores.
Not exact matches
The deal is already favourable to the French: the agreed -
on strike
price for Hinkley C's
electricity — around $ 150 per megawatt hour — is double current energy rates and could increase further if another U.K. nuclear plant currently
on the drawing board is
not built.
In a speech to her party
on Saturday, Ontario Premier Kathleen Wynne acknowledged rising
electricity prices that are roiling ratepayers in province, calling it her «mistake» and taking responsibility for «for
not paying close enough attention to some of the daily stresses in Ontarians» lives.»
«Last week they told us oh don't worry; we promised we were going to reduce
electricity tariff; it's coming, we are going to reduce it drastically... look under the current circumstance, when we are shifting from hydro to thermal, and with the kind of
prices crude oil is achieving
on the international market, if anybody tells you that they are going to reduce
electricity tariff in the face of the privatisation of the ECG, and you believe them, it is up to you.
«Maybe we can have the best of both worlds: a
price on carbon to create an innovative environment for clean technology in California and keep businesses within state lines and
not cause an adverse impact
on consumers through radically higher
prices for transportation fuels or
electricity.»
Fossil fuel
prices are held artificially low, but we are paying for them in full plus, if
not fully at the pump, then
on April 15th and in higher health / environment costs, even if we drive EVs and have wind - powered
electricity.
Since North Carolina does
not have any laws requiring virtual net metering for cooperatives or investor - owned utilities, these bill credits are nearly always based
on the utility's avoided cost of energy as opposed to a credit calculated at the full retail rate of
electricity (in other words, the per kWh credits are less than the per kWh
price customers pay for their
electricity consumption).
... Because fossil - fuel power plants can
not easily ramp down generation in response to excess supply
on the grid,
on sunny, windy days there is sometimes so much power in the system that the
price goes negative — in other words, operators of large plants, most of which run
on coal or natural gas, must pay commercial customers to consume
electricity....
There was some bad news for Drax recently as the UK government decided that biomass subsidies would
not keep climbing as the «carbon
price floor» — levied
on fossil fuel production (and due to rise further)--
on electricity consumption has caused a backlash from manufacturers, consumer groups and energy suppliers who are concerned that the «tax will push up
prices, make the UK uncompetitive and force the premature closure of coal - fired power plants, increasing the risk of blackouts.»
Having said that, it's generally expected to pass — the Labor Party, The Greens, and several independents have said they'll support it, and the opposition (generally opposed to anything climate - related) don't have the numbers to block it, although they've promised to repeal it if elected in 2013 (although the total package has been cleverly built, so to repeal it, they'll have to promise to raise taxes
on the low & middle income brackets, cut aged & disability pensions, and rely
on the «goodwill» of large corporations to lower
prices for
electricity & other carbon - intensive goods).
On the other hand the
price paid for
electricity used is
not directly regulated.
Together these cost components comprise around 5 % of residential
electricity prices at a national level and are
not expected to have a significant impact
on the total residential
electricity price over the reporting period in most jurisdictions.»
It is far from clear whether Trump can do much more for coal than remove most or even all the climate - related regulations discouraging the use of coal, and this may
not have a huge effect since to date the major adverse effects of the «war
on coal»
on raising
electricity prices have
not yet occurred because of the Supreme Court's stay
on the so - called Clean Power Plan.
«(i) a facility with 1 or more sales or tolling agreements executed before March 1, 2007, that govern the facility's
electricity sales and provide for sales at a
price (whether a fixed
price or a
price formula) for
electricity that does
not allow for recovery of the costs of compliance with the limitation
on greenhouse gas emissions under this title, provided that such agreements are
not between entities that are affiliates of one another; or
Here are the positives of
not putting a
price on carbon, but instead, allowing clean
electricity to be cheaper than dirty
electricity:
Usual investment criteria may
not deliver the super low - cost, clean, renewable energy soon enough to avoid the worst effects of climate change,» said Dr. Larry Brilliant, Executive Director of Google.org, Google's philanthropic arm, «Google.org's hope is that by funding research
on promising technologies, investing in promising new companies, and doing a lot of R&D ourselves, we may help spark a green
electricity revolution that will deliver breakthrough technologies
priced lower than coal.»
Solar power, being a fuel - free
electricity source, is
not subject to the
price increases associated with
electricity generated by power plants that run
on gas or coal.
This does
not even mean that the
price of
electricity to consumers is being pushed up 1 cents / kWh by wind power, the Chief Executive of the Energy Supply Association of Australia is
on record as saying that renewables are suppressing the wholesale
price of
electricity.
Not long ago, I noted that Opposition Environment spokesman Greg Hunt was out by a factor of five in his estimate of the effects of a carbon
price on the average household's
electricity bill.
But the group isn't entirely certain about the details, and calls for more research
on consumer behavior, to understand how consumers will likely respond to
price signals baked into retail
electricity rates, especially when electric vehicles «result in significant fuel cost savings.»
«Gross Revenues» means the total monies received by Grantee from a utility company or other power purchaser (provided, however, that if
electricity is sold to a subsidiary or affiliate of Grantee, then, and only then, the gross receipts from the sale of
electricity under such contract shall be calculated using a sale of
not less than the arithmetical average of the
prices quoted by market sources of information, which information may be based upon the
price paid by any purchaser or purchasers, including Grantee or any subsidiary or affiliate of Grantee, for
electricity produced in the Iowa region of the Midwest Independent System Operator («MISO») from operation of wind turbines during the calendar year immediate!y preceding the year in which such
electricity production from the Wind Energy Project occurs, taking into account the aggregate terms associated with such transaction) derived from the sale of electric energy and capacity produced and sold from the WTG's installed
on the Premises, net of proportional energy losses associated with the power collection system or utility interconnection.
(Renewables are also reducing wholesale
electricity prices, though
not necessarily the full cost of
electricity, because they still depend
on subsidies and mandates that don't show up in wholesale
prices.)
Energy bills: Estimated in SAP at # 496 per year / # 41 per month (for heating, lighting, hot water, ventilation but
not appliances) & with PHPP at # 240 per year / # 20 per month for space heating only (based
on electricity price of 15.4 p per kWh, inc VAT but
not standing charges).
Apergis,
N & Lau, MCK 2015, «Structural breaks and
electricity prices: Further evidence
on the role of climate policy uncertainties in the Australian
electricity market», Energy Economics, vol.
If you want it sooner in Australia, although it is
not a government vote winner, bring
on higher retail
electricity prices!
On May 26th, in sunny weather, Germany's 22GW of PV solar - generation capacity supplied 50 % of the country's
electricity, and around the world PV looks like it may become a major energy option in the years ahead, accelerating past 50GW of grid - linked capacity, with
price parity with conventional sources
not far away.
The NAS National Research Council calculates that the health costs from fossil fuel combustion are in the billions: «WASHINGTON — A new report from the National Research Council examines and, when possible, estimates «hidden» costs of energy production and use — such as the damage air pollution imposes
on human health — that are
not reflected in market
prices of coal, oil, other energy sources, or the
electricity and gasoline produced from them.
Baseload plants such as coal and nuclear are hit particularly hard by reduced wholesale
electricity prices as they have low fuel costs and so don't save much money by shutting down or reducing output
on sunny days.
«If
electricity prices do
not rise over the next decade, only a few plants will survive
on the market without subsidies,» says an analysis by the Berlin - based consulting firm Energy Brainpool.»
Germany has already started a subsidy for fossil - fueled plants bankrupted by the plunge in
electricity prices — a subsidy that will just add to the very high surcharges levied
on captive German rate - payers to reimburse renewable sources for costs they can't recover from market.
While DECC predict that climate change and energy policies will cause gas
prices to go up by 18 % and
electricity prices by 33 % by 2020, they estimate (as of July 2010) that because of reductions in energy use «compared to the counterfactual scenario in which climate change and energy policies do
not have an impact
on energy bills,
on average, domestic energy bills will be 1 % higher in 2020.»
In a world where some of the utilities» most profitable corporate customers — from Apple to Ikea to Mars — are investing massively in their own
electricity generation capacity (and imposing carbon
prices on themselves); where smart home technology promises to cut bills, even for those folks who can't be bothered in programming their thermostat; where LEDs are becoming so cheap they are a no - brainer, even for the anti-environmental crowd; where solar
prices keep dropping dramatically and battery - storage innovation is just ramping up, there's good reason for investors to consider alternative options to traditionally «safe» investment in utilities.
The monthly savings (pretending I didn't have solar already...) would be
on the order of $ 400 at current
electricity and gasoline
prices.
The
price of the electric Smart hasn't yet been released, but Daimler claims that operating costs will be low: «Based
on German
electricity prices it costs approximately two euros to drive the smart fortwo electric drive for 100 kilometres (even cheaper with off - peak
electricity).
So while the average eGallon
price of $ 1.14 might technically be correct based
on average
electricity prices and EV energy - efficiency, that doesn't mean that it's what you would pay.
Based
on these Energy Economic findings, the CPP should
not be replaced with anything because increasing the fraction of
electricity generation from Intermittent Renewables will cause (1) enormous consumer
electricity price increases, (2) the Grid to become even less reliable and less resilient, and (3) even more serious negative micro and macroeconomic impacts — but would have zero impact
on the climate.
Such a tax would be imposed
not just
on gasoline but
on all fossil fuels — from the coal used to generate
electricity to the diesel used to run tractors — so it would affect the
price of nearly everything, including food and manufactured goods.
Some other forecasts from the report:
Electricity prices increase, regardless of whether a
price on carbon is established or
not: +30 % by 2030 and +45 % by 2050.
Consumers must have access to the
price at all times, and have the option of using
electricity or
not depending
on the
price;
It is precisely the function of the fixing of the maximum
price provided by Polish legislation to limiting the ability of
electricity providers to pass
on the extra costs resulting from the supply obligation to end users, so that they are
not eventually compensated for the costs incurred in discharging that obligation.
It's undoubtedly true that bitcoin doesn't have any fair value to support its
price on exchanges; the cost of mining each coin stands below $ 1000 in some countries — which depends mainly
on electricity prices.
The sudden crash in bitcoin
prices heading into January appears
not to have deterred opportunistic students seeking to take advantage of campus
electricity, with the report adding that «Even as the value of bitcoin fell 50 % from its peak -LSB-...], the number of computers performing cryptocurrency mining»
on campuses did
not decline.
Addtl Room 3 Level:
Not Applicable, Addtl Room 4 Level:
Not Applicable, Addtl Room 5 Level:
Not Applicable, 2nd Bedroom Level: 2nd Level, Built Before 1978 (Y: Yes,
Electricity: Circuit Breakers, Sewer: Sewer - Public, Other Information: None, Listing Type: Exclusive Right To Sell, Master Bedroom Level: 2nd Level, Parking Type: Garage, Status: Active, Tax Exemptions: Homeowner, Appliances: Disposal, Water: Lake Michigan, Kitchen Type: Eating Area - Breakfast Bar, Kitchen Level: Main Level, Living Room Level: Main Level, Equipment: CO Detectors, Sale Terms: Conventional, 3rd Bedroom Level: 2nd Level,
Electricity: 200 + Amp Service, Equipment: Humidifier, Addtl Room 2 Level: 2nd Level, Bath Amenities: Separate Shower, Bath Amenities: Double Sink, Family Room Level: Main Level, Addtl Room 1 Level: 3rd Level, Appliances: Oven - Double, Roof Type: Rubber, Assessment Includes: None, Heat: Indv Controls, Addtl Room 1 Name: 5th Bdrm, Heat: 2 + Sep Heating Systems, Age: 100 + Years, Addtl Room 10 Level:
Not Applicable, Addtl Room 6 Level:
Not Applicable, Addtl Room 7 Level:
Not Applicable, Addtl Room 8 Level:
Not Applicable, Addtl Room 9 Level:
Not Applicable, Frequency:
Not Applicable, Appliances: Grill - Indoor, 4th Bedroom Level: 3rd Level, Style Of House: Greystone, Square Feet Source: Assessor, Master Bedroom Bath (Y: Full, Addtl Room 2 Window Treatments (Y: None, Addtl Room 1 Window Treatments (Y: Blinds, Living Room Window Treatments (Y: Blinds, 2nd Bedroom Window Treatments (Y: Shades, Master Bedroom Window Treatments (Y: Blinds, Appliances: All Stainless Steel Kitchen Appliances, 3rd Bedroom Window Treatments (Y: Blinds, Kitchen Window Treatments (Y: Shades, Family Room Window Treatments (Y: Blinds, Area Amenities: Gutters, Area Amenities: Street Lights, Area Amenities: Street Paved, Area Amenities: Sidewalks, 4th Bedroom Window Treatments (Y: Drapes, Garage
On - Site: Yes, Recent Rehab (Y: Yes, Additional Sales Information: List Agent Must Accompany, Laundry Window Treatments: None, Additional Rooms: Utility Room - 2nd Floor, 2nd Floor Laundry, Laundry Flooring: Other, Additional Rooms: 5th Bedroom, Is Parking Included in
Price: Yes, Addtl Room 2 Name: Utility Room - 2nd Floor, Type of House: 3 Stories, Garage Type: Detached2, Garage Ownership: Owned, Basement (Y: Full, Bath Amenities: Whirlpool, Garage Type: Detached, Laundry Level: Basement, Equipment: Security System, Basement (Y: Walkout, Driveway: Off Alley, Additional Sales Information: Home Warranty, Appliances: Range Hood, Appliances: Built - in, Appliances: Cooktop, Lot Dimensions: 3645