Sentences with phrase «renewable electricity subsidy»

Scotland currently gets 28 per cent of the UK's renewable electricity subsidy, despite only providing 10 per cent of electricity sales.

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.

• extending the compensation package for energy intensive users • freezing the Government's Carbon Price Floor mechanism • incentivising combined heat and power • exemptions from other subsidies for renewable electricity

FITs are subsidies for small - scale renewable electricity generation, paid for by ordinary households through their energy bills.

The bill language also proposes changes to the Internal Revenue Service code that would terminate fossil fuel subsidies, extend renewable electricity production tax credits for wind - generated electricity and permanently extend a business energy investment tax credit for solar or wind energy technologies.

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 iRenewable 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 iRenewable 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 irenewable 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 irenewable 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.

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.

New wind power is now cheaper per megawatt - hour than new coal - or gas - fired electricity generation, but renewable energy still needs subsidies to compete with existing generators.

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?

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.

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

If Americans want to improve the reliability of the electric grid, lower electricity costs, and increase prosperity, then renewable energy subsidies must be eliminated.»

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, regardlesRenewables Obligations Certificates» that force suppliers to get an ever - increasing proportion of their electricity from renewables, regardlesrenewables, regardless of cost.

Annual bill for consumers to subsidise renewable technologies has soared to more than # 2.5 bn as more plants are built and the cost for each unit of electricity rises Emily Gosden — The Telegraph — June 28, 2014 The cost of generating green electricity has hit a record high as subsidies are handed to expensive offshore -LSB-...]

«We also strongly believe that fast adoption of renewable electricity will absolutely depend upon countries» tax and subsidies strategies, and we see the positive value in national policies and favourable schemes.

(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.)

Put another way: One dollar spent subsidizing Fitzpatrick could thus leverage almost three times as much clean electricity as a dollar spent on renewables subsidies — and deliver far more reliable power than wind farms and solar plants do.

The possible components of such an approach that would be relevant in the context of climate change include: a national renewable electricity standard; Federal financing for clean energy projects: energy efficiency measures (building, appliance, and industrial efficiency standards; home retrofit subsidies; and smart grid standards, subsidies, and dynamic pricing policies); and new Federal electricity ‑ transmission siting authority.

Poor people benefit, and (maybe) rich ones and the energy companies; wasting may be encouraged.e Subsidies of «renewable energy» are paid manly by electricity - users and given to rich people who can invest in solar panels or wind - mills or biogas - plants.

They said that the subsidies come at the expense of city dwellers without solar - ready roofs, low - income electricity consumers, and investments in other forms of renewable energy.

These proposals include coercion (the «Clean Power Plan») and increased taxpayer subsidies, which are required because the «renewables» Hillary favors are more expensive and less reliable than fossil fuel - generated electricity and would not be built without the coercion and subsidies.

State renewable portfolio standards require utilities to bring new renewable capacity onto their grids no matter how much it depresses markets, and renewable subsidies further erode electricity prices, especially in Midwestern states where subsidized wind farms bid very low — even negative — prices for their power.

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.

With a view to promoting renewable energy in Japan, electric utilities have voluntarily purchased electricity generated from renewable energy, while the national government has adopted the Renewable Portfolio Standard (RPS) Law, under which local governments have granted srenewable energy in Japan, electric utilities have voluntarily purchased electricity generated from renewable energy, while the national government has adopted the Renewable Portfolio Standard (RPS) Law, under which local governments have granted srenewable energy, while the national government has adopted the Renewable Portfolio Standard (RPS) Law, under which local governments have granted sRenewable Portfolio Standard (RPS) Law, under which local governments have granted subsidies.

Nonrenewable electricity sources may also impose costs on society from water use or pollution and may justify subsidies for some renewable alternatives.

Furthermore, the 7 % of electricity that was produced in the UK from renewable sources cost $ 1 billion in subsidies.

First, the subsidies for nuclear and fossil fuels (for electricity generation) are negligible in comparison with the subsidies for renewables (per MWh of electricity delivered).

Ambitious new initiatives have cascaded out of Schwarzenegger's office — including the two measures raising the renewable - power requirement on utilities, a state subsidy program to encourage the installation of electricity - generating solar panels on 1 million California roofs, and in January 2007, an executive order establishing the nation's first «low - carbon fuel standard,» which requires a reduction of at least 10 percent in the carbon emissions from transportation fuels by 2020.

In contrast to the $ 500 billion in fossil fuel supports in 2010, renewable energy received just $ 66 billion in subsidies — two thirds for electricity generation from wind, biomass, and other sources, and one third for biofuels.