Williams said it's possible that the legislation could end up boosting electricity rates, but supporters
say renewable energy prices are dropping and new efficiency targets would help keep bills stable overall.
Not exact matches
«From the time we started till now we have seen significant changes taking place in the
renewable energy space,» he
said, citing the major changes in the Indian scenario like change in
pricing of the
energy, private companies taking ownership in
renewable energy business and both, favourable and not - so favourable behaviour of the banks in lending funds to the
energy businesses.
Ultimately, Kovacs
said, because the town does not have a municipal - owned utility — Windham is served by two electricity distribution companies — the best the city can do right now is to choose
renewable energy for government buildings if the
price is right.
Critics
say this leads some companies to «
price shop» for the cheapest RECs, regardless of how or where the clean
energy is produced, instead of taking concrete steps to reduce emissions close to home or constructing
renewable energy infrastructure.
«Using carbon
pricing in combination with
energy price reforms and
renewable energy support, China could reach significant levels of emissions reduction without undermining economic growth,»
says Valerie Karplus, an assistant professor at the MIT Sloan School of Management and a co-author of the new study.
My guess would be that's something like the current
price for doing all the needed load balancing with contemporary lead - acid battery storage, counting ramping up the lead industry to satisfy the sourcing and management of that much lead and sulfuric acid — in other words, it's somebody
saying «it would cost the Earth * to do that» as an argument that there will be no progress in
energy storage, so it'd be a waste to build more
renewables.
If the full cost of a barrel of oil and the environmental costs of a ton of coal were reflected in their market
price, many
energy and environmental experts
say, that might go a long way toward shifting the balance toward
renewable energy sources.
Though the
price would still not be competitive against natural gas — or the
renewable energy being produced in other European countries — CleanTechies calls it «the first serious step towards setting a long - term purchase
price incentive for
renewable energy producers» and
says the move bodes well for the sector, where savvy «investors are already beginning to position themselves,» and that these and other developments are «pushing the country onto the right track.»
Grattan Institute
energy director Tony Wood
said Sunday's and Monday's blackouts and high
pricing showed that the state had botched its
energy transition program by allowing baseload power sources — such as the Hazelwood power station — to be replaced by
renewables, which delivered intermittent power.
That's why, the ministry
says, the federal government agreed with the 2011
Energy Package to introduce compensatory arrangements for businesses competing at a global level, including measures to offset increases in the
price of power stemming from the EU's carbon emissions trade, and a cap on their
renewables allocation charge.
Let's reword all this and
say that we want to improve
energy efficiency and reduce waste and real pollution wherever we can, we want to move away from ever scarcer and costlier fossil fuels, particularly those that have to be imported from a
price - fixing cartel of nations that are generally hostile to us and we want to develop new domestic sources of
energy, be that shale oil and gas, new biofuels (not silly corn - to - ethanol schemes) and other
renewable energy sources, etc..
Even though some of those coal plants may receive higher capacity revenues as
renewable penetration grows, those revenues might not be sufficient to compensate for lower
energy prices and volumes, Moody's
says.
The
pricing data has angered
energy experts, who
say blackouts and supply issues are likely to increase and
prices are likely to rise as the Victorian and South Australian governments pursue
renewable energy targets without prioritising power sources that can supply baseload power.
The bills aim to restore «fair - value
pricing» for excess
renewable generation sold back to utilities,
said Rep. Gary Glenn, R, chairman of Michigan's House
Energy Policy Committee.
«Kennedy Phase I is a first - of - its - kind project in Australia, and it will lead the nation in the deployment of innovative, high reliability
renewable energy capable of closely matching network power demand,»
said Windlab CEO Roger
Price.
While many of the speakers at the National Clean
Energy Summit in Las Vegas on Monday advocated regulation that already has some sort of legs in Congress, like putting a price on carbon and a national renewable portfolio standard, former President Bill Clinton suggested several alternative ideas that he said could help push clean power and energy efficiency in the
Energy Summit in Las Vegas on Monday advocated regulation that already has some sort of legs in Congress, like putting a
price on carbon and a national
renewable portfolio standard, former President Bill Clinton suggested several alternative ideas that he
said could help push clean power and
energy efficiency in the
energy efficiency in the U.S..
He quoted the Chief Executive of the
Energy Supply Association of Australia (ESAA), Matthew Warren, as saying «One of the major effects of this increased supply of renewable energy in a shrinking national market is to suppress the wholesale price of electricity.&
Energy Supply Association of Australia (ESAA), Matthew Warren, as
saying «One of the major effects of this increased supply of
renewable energy in a shrinking national market is to suppress the wholesale price of electricity.&
energy in a shrinking national market is to suppress the wholesale
price of 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.»
Governments last year gave $ 43 billion to $ 46 billion of support to
renewable energy through tax credits, guaranteed electricity
prices known as feed - in tariffs and alternative
energy credits, the London - based research group
said today in a statement.
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.
Setting
renewable targets is a popular way to diversify a state's
energy mix and lock in long - term
prices, they
said, while alternative
energy costs continue to decline.
«One of the new and fundamental messages of this report is that
renewable energies are no longer subject to the vagaries of rising and falling oil
prices — they are becoming generating systems of choice for increasing numbers of power companies, communities and countries irrespective of the costs of fossil fuels,»
said UNEP Executive Director Achim Steiner.
Weatherill
said that South Australia is moving ahead to a clean
energy future regardless of Turnbull's plan, arguing that investments in
renewables have helped lower wholesale electricity
prices in his state already.
But the biggest threat posed by falling oil and gas
prices — in the UK and globally — is to the
renewable energy industry dominated by wind -, solar - and hydro - power, experts
say.
Said Carl Pope, executive director of the Sierra Club: «We are pleased that President Obama reiterated the need to put a
price on carbon and build a clean
energy economy with more
renewable energy and greater
energy efficiency.»
He
said the combination of the carbon
price,
Renewable Energy Target and energy efficiency policies have made an important contribution to turning around the growth of electricity sector emissions since Labor was elected in November
Energy Target and
energy efficiency policies have made an important contribution to turning around the growth of electricity sector emissions since Labor was elected in November
energy efficiency policies have made an important contribution to turning around the growth of electricity sector emissions since Labor was elected in November 2007.
«EDF
Renewables is pleased to announce commercial operation of the Kelly Creek Wind Project, which is now supplying cost - competitive, fixed -
priced, clean
energy to the PJM Energy Market,» said Ryan Pfaff, Executive Vice President for Development at E
energy to the PJM
Energy Market,» said Ryan Pfaff, Executive Vice President for Development at E
Energy Market,»
said Ryan Pfaff, Executive Vice President for Development at EDF RE.
Regarding the reports on
renewable energy standards, Frank Ackerman, a Harvard PhD and Senior Economist with Synapse Energy Economics, Inc. said the Beacon Hill Institute models contained «wild overstatement (s) of the cost of wind energy, assumed that expensive backup capacity was always needed and running when wind energy was used, inflated the price of new transmission capacity, and overestimated job losses due to assumption of «hypersensitivity to tax
energy standards, Frank Ackerman, a Harvard PhD and Senior Economist with Synapse
Energy Economics, Inc. said the Beacon Hill Institute models contained «wild overstatement (s) of the cost of wind energy, assumed that expensive backup capacity was always needed and running when wind energy was used, inflated the price of new transmission capacity, and overestimated job losses due to assumption of «hypersensitivity to tax
Energy Economics, Inc.
said the Beacon Hill Institute models contained «wild overstatement (s) of the cost of wind
energy, assumed that expensive backup capacity was always needed and running when wind energy was used, inflated the price of new transmission capacity, and overestimated job losses due to assumption of «hypersensitivity to tax
energy, assumed that expensive backup capacity was always needed and running when wind
energy was used, inflated the price of new transmission capacity, and overestimated job losses due to assumption of «hypersensitivity to tax
energy was used, inflated the
price of new transmission capacity, and overestimated job losses due to assumption of «hypersensitivity to tax rates.
Although
energy and financial experts
say that the basics of the business remain sound, the lofty stock
prices have tumbled, leading
renewable energy companies to scramble for new approaches to their businesses.
«Our focus on
renewable energy generation has led to a drop in
prices worldwide and has lowered the
price of solar power bids in Europe and the Middle East,»
said HE Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (DEWA).
The Ontario government's
energy policy, which pays high
prices for
renewables contracts, is actually wasting clean, efficient and reliable power from other sources,
says the Ontario Society of Professional Engineers, in its blog late last week.
Gore
said that along with putting a
price on carbon to speed up the transition to
renewable energies, «we need to put a
price on denial in politics.
RENEWABLES: • Virginia regulators reject Dominion
Energy's proposal to offer 100 percent renewable energy plans to large customers, saying it would give the company «extraordinary discretion» in setting p
Energy's proposal to offer 100 percent
renewable energy plans to large customers, saying it would give the company «extraordinary discretion» in setting p
energy plans to large customers,
saying it would give the company «extraordinary discretion» in setting
prices.
National
Renewable Energy Lab says ample resource availability, falling prices, and results from both research and actual experience in Europe are showing that there is no reason why we can't reach much higher levels of renewable energy de
Renewable Energy Lab says ample resource availability, falling prices, and results from both research and actual experience in Europe are showing that there is no reason why we can't reach much higher levels of renewable energy deplo
Energy Lab
says ample resource availability, falling
prices, and results from both research and actual experience in Europe are showing that there is no reason why we can't reach much higher levels of
renewable energy de
renewable energy deplo
energy deployment.
The Australian
Energy Market Commission
said the
price drop will happen as variable wind and solar generation comes online, which is paid for by the Government's
Renewable Energy Target.
«Even without a
price on carbon,
renewable energy is competing with dirty
energy and winning,»
said Ben Schreiber, at Friends of the Earth US.
Republicans are amenable to the argument
renewable energy is cleaner and competitively on
price with fossil fuels, he
said.
«Cellulosic conversion has to come down in
price,»
says Helena Chum, a research fellow at the National
Renewable Energy Laboratory.
«Biomass power generation is a multi-billion market opportunity driven by rising power
prices and
Renewable Portfolio Standards,»
said Jonathan Rhone, President and CEO of Nexterra
Energy.
The PSC staff
said in its proposal that setting the
energy credit levels administratively «makes sense for the upstate Fitzpatrick, Ginna and Nine Mile facilities in the aggregate because it yields a result that staff would expect to be similar to the average pay - as - bid price for these facilities that would result from a competitively bid solicitation conducted in the manner that is currently done for Renewable Energy Credits.&
energy credit levels administratively «makes sense for the upstate Fitzpatrick, Ginna and Nine Mile facilities in the aggregate because it yields a result that staff would expect to be similar to the average pay - as - bid
price for these facilities that would result from a competitively bid solicitation conducted in the manner that is currently done for
Renewable Energy Credits.&
Energy Credits.»
«Small systems are especially popular in states with good winds, high electricity
prices and incentive programs,»
said Trudy Forsyth, a senior project leader at the National
Renewable Energy Laboratory's National Wind Technology Center, a Department of
Energy research facility near Boulder, Colo..
Far from wind power forcing electricity
prices up, wholesale electricity
prices have been falling and the Chief Executive of the
Energy Supply Association of Australia has
said that
renewables, including wind, have been suppressing wholesale power
prices.
«I think it makes economic and financial sense for these tech companies,»
said Devashree Saha, an
energy policy analyst at the Brookings Institution in Washington, D.C. «As wind and solar markets have grown in the past few years, the cost of building and running
renewable energy projects, along with the
price of
renewables, has come down substantially.»
«Hopefully, Denmark can serve as an example to other countries that it is possible to have both ambitious green policies with a high proportion of wind
energy and other
renewables in the
energy supply, and still have a high security of supply and competitive
prices on electricity,»
said Lars Christian Lilleholt, Denmark's minister for
energy, in a statement.
EDP
Renewables chief executive Joao Manso Neto
said: «These PPAs enable us to guarantee clean
energy, while the companies obtain stable market
prices.»