Sentences with phrase «plant closures over»

In a new report from Moody's, and reported on by SNL, the ratings agency predicts that cheap natural gas could lead to another massive wave of coal - fired power plant closures over the next year and a half.

Not exact matches

The closure of Hydro - Quebec's Gentilly - 2 nuclear power plant temporarily lowers Quebec's fiscal capacity, as measured under the Equalization program, which in turn lowers Ontario's Equalization entitlement over a three - year period.

Utilities are increasingly switching over to natural gas for electricity generation — coal plant closures could reach a high watermark this year.

The news of Indian Point's potential closure comes weeks after the state Court of Appeals dealt Entergy a setback in its bid for a new license, interpreting state coastal water rules in a way that gave Cuomo's administration more authority over whether the plant could operate in the Hudson River.

Astorino, speaking with reporters on Monday after addressing the Conservative Party's annual confab in Albany, pointed to a federal law that gives the Department of Energy authority over the closure of nuclear power plants.

Such extended seasonal closures would certainly cut into the plant's profits — according to Entergy, the plant's operator, they would cost billions of dollars annually — and if they were put in place over the long term, could mean the end of Indian Point as a going concern.

Cuomo's push to shut down Indian Point contrasts with the up to $ 7 billion ratepayer subsidy nuclear power plants in upstate New York are set to receive over 12 years, though the move likely figured into Indian Point's closure.

What I didn't know was that the housing market in the US would continue a steep decline over the next 24 months, supply would increase drastically leading to plant closures and decreased profitability, European nations would meet increased housing pressure of their own and despite a strong stance in the continued purchases by Brookfield the shares continued to decline.

In December, however, the North American Electric Reliability Corp. (NERC) suggested in its 2017 Long - Term Reliability Assessment that power generation from natural gas — fired units and renewable sources such as solar and wind will provide enough electricity to offset closures of coal and nuclear plants over the next decade, at least.

[2] In addition to the 1.7 bn surplus in the market there are a further 900m EUAs that were withheld from the auctions over 2014 - 16, and the CTI report estimates that a further 800m allowances will end up in the MSR in 2020 owing to plant closures and unused allowances in the new Entrants» Reserve.

That would bring total closures of coal and gas plants over the coming four years to 49GW (around a third of total thermal capacity)-- which just happens to match the amount of wind and solar capacity that UBS anticipates will be added over the same period.

Important factors identified to reduce integration costs are aggregating wind plant output over large geographical regions, larger balancing areas, and utilizing shorter gate closure times with accurate forecast systems and sub-hourly schedule changes.

Americans must understand that the closure of 411 coal - fired power plants, over 100,000 megawatts, by the Obama Administration jeopardizes the reliability of our electric power grid and the low cost of electricity.

And nobody can say that there hasn't been emphasis on green energy — including the closure of many fossil fuel power plants, and much green legislation — in the UK over the last two parliamentary terms.

While the war on coal in the United States has taken its toll, with the closure of over 250 coal - fired power plants, and a resulting increase in what people pay for their electricity, the price of natural gas will likely rise to where coal will be competitive.

ELPC has fought to halt construction, and close down, Illinois nuclear reactors, for over 20 years, and takes money from fossil and renewable energy companies that stand to benefit from the closure of Clinton and Quad Cities nuclear plants.