Sentences with phrase «when wholesale electricity»
Given the right financial incentives, though, many households may accept smart grid strategies that let utilities reduce power consumption in homes at peak periods of demand, when wholesale electricity prices are highest, some analysts conclude.
https://www.scientificamerican.com/ Not exact matches
Calpine's deal comes at a time when the U.S. wholesale power generation industry is struggling with margin pressure as cheap natural gas from shale fields in recent years has been driving down electricity prices.
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.
When Congress put the Federal Power Commission in charge of all wholesale interstate electricity sales in 1935, Texas opted out and stayed out.
The Supreme Court found that Order 745 was built upon Order 719, which required that wholesale market operators receive demand response bids from aggregators of electricity consumers except when state regulation bars such participation.
Federal Coalition politicians have hinted darkly that this «indivisibility» hides AGL's true intent to boost the wholesale electricity price for Bayswater (and all other generators) by reducing supply when Liddell's generators grind to a halt for the last time.
Recharge news The energy world was stunned in April when 1.38 GW of German offshore wind was won at tender with zero - subsidy bids, meaning that the three projects will rely solely on the wholesale electricity price when commissioned in 2024 - 25.
On sunny days in Germany in 2012, solar oftentimes met 35 percent of the demand for electricity, driving the wholesale cost of electricity to $ 2.5 cents per kWh, less than the average cost at night when loads are very low.
In IER's report on the levelized cost of electricity, we estimate these «imposed costs» of wind power to be about $ 26 per megawatt - hour — rivaling the average wholesale cost of electricity — when wind displaces natural gas generation.
Furthermore, in the case of solar, consumers (in Arizona at least, and I believe in other states as well), are paid retail rates when the «sell» their electricity back to the utility as opposed being paid wholesale rates — that is another form of subsidy that further distorts the market.
The grid parity at the link works when you're buying electricity at the high retail rates, but it will take a lot longer if you're a utility that can buy wholesale.
When intermittent electricity is sold in competitive electricity markets (as it is in California, Texas, and Europe), it frequently leads to negative wholesale electricity prices.
Consequently, when the water flow is available to generate large amounts of hydro power, wholesale electricity prices drop.
Think Progress details the pretty wonky reasons why wholesale electricity prices could drop when (if, perhaps) Cape Wind ever finally gets built:
That number leaps to 94 percent (representing 296 gigawatts) when coal costs are compared to wholesale electricity market purchases from existing resources.
Not only can hydro - power be fed into the electricity grid when there is a shortage of supply and the wholesale price is high, but energy can be stored as potential hydro - power when there is an excess of electricity and the wholesale price is low.