Sentences with phrase «retail electricity prices»

Also, it's worth noting that wind power, while it can't compete with retail electricity prices like solar can, is often the cheapest option for new electricity capacity.

Residential customers in most areas of the country are seeing lower retail electricity prices this year compared with the same time last year.

This involves adjusting retail electricity prices dynamically as the amount of power in the grid changes so that consumers can modify their times of electricity use to better match consumption with generation.

Right now, many analysts are focused on when solar will hit «grid parity» and become competitive with retail electricity prices without subsidies.

Price - responsive - load, in which the electricity market can respond to retail electricity price changes, must be adopted as soon as possible.

I would however like feedback on the assumptions of 5 % / year increase in retail electricity prices and 5 % / year decrease in PV system prices.

«Australia, like Japan, has high retail electricity prices which, combined with continuously reducing technology costs, are the main reasons for the small - scale PV adoption rate,» it writes.

However, consumers in California continue to pay average retail electricity prices that are among the highest in the nation.

William Pentland has a very interesting post over at Forbes Energy in which he notes that average nationwide retail electricity prices increased from 2013 - 2015, and also that the Energy Information Administration expects rates to continue to rise in 2016.

The Frontier Economics report «Possible future retail electricity price movements A REPORT PREPARED FOR THE AUSTRALIAN ENERGY MARKET COMMISSION December 2012» contains the graph on the right which shows geothermal, that Senator Xenophon is so keen on, as being four times the price of wind power!

«Households in Australia face relatively low retail electricity prices compared with many OECD economies.

The Australian Capital Territory is transitioning to 100 % renewable electricity by 2020 and also has some of the cheapest retail electricity prices in the nation.

But the main reason why rooftops win is because retail electricity prices are much higher than wholesale electricity prices that solar farms, or reservoir solar, receive.

According to the EIA, real retail electricity prices are projected to be 1 to 5 % higher during the 2022 to 2030 CPP compliance period as compared to the «No CPP» business - as - usual scenario.

A combination of high retail electricity prices and industry efforts to brings offshore wind's levelized cost of energy (LCOE) down will make the Northeast and some Eastern Seaboard regions the most likely early leaders in cost - effectiveness, NREL reported.

Declining costs of fuel, especially natural gas, have been a key driver of recent reductions in retail electricity prices.

That nearly matches, Smith said, Nevada's thirteen - cent average retail electricity price.

Although only 0.1 % of electricity is generated by solar power in 2012; within a decade, 300,000 MW of unsubsidized solar power will be at parity with retail electricity prices in most of the United States and more than 35 million buildings may be generating their own solar electricity sufficient to power almost 10 % of the country.

Beyond basic system differences and retail electricity prices, «the most significant valuation differences come down to methodology and what is counted as costs and benefits,» Proudlove said.

So as California was doubling its share of electricity from costly renewables, its retail electricity prices rose in line with the rest of the nation as the cheaper natural - gas - generated electricity covered for the more expensive green energy.

The ice would be produced when electricity was plentiful and cheap, and stored for use later in the day when the power supply became stressed and the retail electricity price rose.

Energy prices (average gasoline and retail electricity price) and public infrastructure (share of working population commuting via public transportation) were important in explaining the interstate variation in the use of transportation fuels and residential electricity and are readily addressed by climate and energy policies.

If you want it sooner in Australia, although it is not a government vote winner, bring on higher retail electricity prices!

«Extraordinarily high retail electricity prices, combined with dramatic cost declines in renewable energy and storage technologies, have combined to transform the competitive landscape facing the State's electric utilities,» the commission wrote.

The Forms and Instructions for Submitting Electricity Demand Forecasts, prepared in support of the 2009 Integrated Energy Policy Report, ask load - serving entities in California to submit information that relates to electricity demand forecasts, retail electricity prices, demand - side management, energy efficiency, and private supply.

Quokka, you appear to be confused about the difference between wholesale and retail electricity prices and the role they play in influencing what type of generating capacity gets built.

In the case of solar power, while utility - scale solar is just becoming cheaper than fossil fuels on the wholesale electricity market, rooftop solar panels have long competed with much - higher retail electricity prices.

The retail electricity price must be allowed to rise and fall, depending on supply and demand, just as the wholesale electricity price does;

Hawaii is home to both the nation's highest retail electricity prices and the most ambitious renewable energy standard.