Sentences with phrase «of lower electricity prices»

By 2016, one of Germany's largest utilities, RWE lost 5.8 billion as a result of low electricity prices.

Under a PPA, the system owner can take the tax credit (as well as accelerated depreciation) and pass along the savings in the form of a lower electricity price.

The situation is made worse by the fact that India has the cheapest wind power in the world which will also result in periods of low electricity prices.

Not exact matches

In 2016 hydroelectric power accounted for 39.9 percent of South Dakota's net electricity generation, allowing residents to enjoy electricity prices significantly lower than the national average.

If you just charge people a lower price when there's a lot of wind and sun (when the supply of electricity is abundant and cheap) and a higher price at times when there's not, they'll reduce consumption when electricity is scarce.

Musk went on to cite the ownership cost of the Model S, should it enter production, as «similar to a gasoline car with a sticker price of about $ 35,000» once the lower cost of electricity versus the likely future price of gasoline was taken into account.

In an ongoing dispute over electricity rate changes proposed by the crown corporation last November, the Canadian Office and Professional Employees Union, Local 378, says that BC Hydro is using an accounting slight - of - hand to mask the real financial toll of unrealistically low electricity prices.

«Many of my friends here rent furnished apartments or vacation homes at prices as low as $ 300 a month for a one - bedroom furnished apartment with water, electricity, and Wi - Fi is included,» says Bonnie.

Results from the first round results of Alberta's Renewable Electricity Program were record - breaking, with the lowest wind power prices in Canadian history, making them competitive with natural gas power prices.

CCS really amounts to a combined GHG and natural gas hedge which, in a world of really expensive gas, allows you to maintain lower electricity prices than you perhaps otherwise would be able to as you can continue to use relatively cheap and plentiful coal while capturing and storing the emissions.

By: Mia Breytenbach 14th October 2016 The strong performance of the rand gold price, increasingly lower gold grades mined in deeper underground mining operations, as well as costlier labour resources and electricity, are underscoring the attractiveness and accelerating the traction of local gold tailings retreatment operations,... →

While the Ontario government's recently updated long - term energy plan said the province's industrial electricity consumers currently face prices lower than that of the average for the Great Lakes region, the plan also showed that the cost will rise to $ 116 per megawatt hour by 2035, a nearly 40 per cent increase from the projected 2017 price of $ 83 per megawatt hour.

These include warm summer weather, which drives up use of air conditioners and electricity, the increased popularity of natural gas (versus coal) among power producers (partly reflecting the low price of the former), and cutbacks in production by some players in the natural - gas industry.

Changing how the rate is calculated to reflect the cost of electricity at the time of consumption results in an overall lower price and significant savings for Albertans.

The government accused the holders of using the provision as an excuse to pass losses caused by historically low electricity prices on to the taxpayer, and announced that it was seeking a court order to declare the «change in law» provision void.

Barnaby Joyce says he would be» 100 %» behind the government constructing coal - fired power stations if that would lower the price of electricity.

The cancellation of the 100.5 - megawatt Noble Allegany wind park was blamed on low wholesale electricity prices, which have made it more difficult to justify the project's costs at a time when the economy is weak and financing remains tight.

«The carbon floor price mechanism presents an excellent opportunity to raise finance to support a new generation of low carbon fossil fuel electricity generation, using carbon capture and storage (CCS).

And low prices are also putting a dent into the budget of the New York Power Authority, which sells electricity from the state's massive hydropower system along the Niagara and St. Lawrence rivers, and from several smaller downstate fossil fuel power plants.

Still, this accounts for at most a fraction of the increase in electricity prices, which are among the lowest in Europe despite a 20 per cent surge since 2007.

Entergy officials have disclosed no details about what factors they are weighing in their review of FitzPatrick, a 40 - year - old facility that struggles to make money in Central New York's low - priced electricity market.

Moreover, if natural gas prices remain low due to higher yields associated with the hydraulic fracturing of wells, other forms of electricity — including renewables — will have a hard time winning favor with utilities and state public utilities commissions that govern the growth of the electricity system.

Eliminating this financial risk premium makes nuclear power levelized electricity cost competitive with that of coal, and it becomes lower than that of coal when a modest price on carbon dioxide emissions is imposed,» the report says.

Whether sold as bulk crude oil and natural gas or as retail electricity, gasoline or diesel, the major exporters of OPEC, Russia and others harbor some of the lowest domestic energy prices in the world.

The campaign for new nuclear projects has run into depressed electricity demand due to the recession and the prospect of competition from low - priced natural gas from shale deposits.

Stricter emissions requirements on coal - fired power plants, together with low natural gas prices, have contributed to a recent decline in the use of coal for electricity generation in the United States, she said.

Gronet declined to reveal the cost of manufacturing solar cylinders or the price tag of electricity it delivers — primarily because if they are able to deliver lower cost electricity they want to preserve that extra profit for their customers, he admits.

The industry has faltered because of declining global demand and low natural gas prices, which have encouraged electric power companies to use gas instead of coal to generate electricity, said Ray Rasker, executive director of Headwaters Economics, an independent research group focusing on the economic implications of land management decisions in the West.

They found the consequences of the drought — which included temporary water shut - offs, a spike in dengue fever cases, and higher electricity prices — were a result of low water availability combined with the numbers of people involved and damage to the infrastructure system.

This means it covers the direct cost of low - carbon subsidies, energy efficiency and carbon taxes, as well as indirect costs due to strengthening grids, backing up intermittent renewables, compensating conventional generation for lost revenue through the capacity market and savings due to the merit - order effect, which pushes down wholesale electricity prices.

The i8's own head unit showed me different charging options, such as the ability to take advantage of low - priced electricity in the earliest hours of the morning.

The customer can also recharge the battery in the middle of the night, when prices are lowest in some markets, and then use the electricity during the day to reduce energy costs.

Solarize Mass seeks to increase the adoption of small - scale solar electricity in participating communities through a competitive solicitation process that aggregates homeowner buying power to lower installation prices for participants

The decline of that industry and related employment has been caused by technological changes in mining, and competition from low - priced natural gas for electricity generation, not by environmental regulations.

We have an obligation to use some of the money that we generate to shield low - income and fixed - income individuals from high electricity prices, but we're also going to have to ask the American people to change how they use energy.

They can build more coal plants, driving up their prices by competing with themselves; or they can flood their electricity markets with the maximum possible volume of non-coal power, enabling their existing fleet to operate at much lower costs and weakening the price power of coal exporters.

Cases with higher or lower world energy prices, represented by oil prices, have relatively little direct impact on power - sector emissions, as petroleum provides a small fraction of U.S. electricity generation.

Now that renewables provide 94.5 per cent of the country's electricity, prices are lower than in the past relative to inflation.

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.

When it comes to financials, SolarCity's executive team wagers that the combination of existing panels and new storage technologies will produce lower electricity prices — at least during peak demand hours — than power from conventional utilities.

The record lowest price of electricity was achieved in an auction in Chile this August.

In December, a competitive electricity - supply auction in Alberta yielded the lowest - ever price paid for wind energy in Canada (weighted average of $ 37 / MWh) and also made wind energy the lowest - cost option for new electricity generation in the country.

And even though the state's residential home electricity consumption ranks among the lowest (due in part to those high prices and generally lower air conditioning needs in summer and the use of gas and oil for heating loads in the winter rather than electricity), the average monthly electric bill in 2016 was just over $ 142 per month, third highest in the nation.

The only way to get lower wholesale electricity prices is to expand renewables and let the owners of coal - fired power station take a corresponding hit to their profits.

Due to this expensive trade, we who live in the south of Sweden, have to pay almost the same high prices as the Danes, although Sweden produces low cost electricity from mostly Hydro and Nuclear.

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).

The claim to a bright future which the nuclear industry clung to for the last 20 years was that the technology produced large quantities of low carbon electricity at a low price — something that intermittent renewables could not do.

With a 5 % discount rate, which is about what one would expect a lot of homeowners to have for a home improvement like this, rooftop solar in Melbourne still produces electricity for less than half the cost of their low low retail electricty prices.

The majority of the revenue would be plowed into emissions - reduction programs and a transition fund to help low - income communities cope with rising gasoline and electricity prices.

While RGGI didn't induce enough of a price signal to directly reduce emissions at the covered power plants, the activities funded by auction revenue did offer benefits including «emission reduction, consumer savings via lower electricity bills, and job creation,» according to CRS.