Currently, Japan needs to expand the scale and contents of transactions of the small - scale wholesale electricity market, including the Japan Electric Power Exchange (JEPX), and create a situation
where electricity retailers procure and sell the required types and volumes of electricity in a fair manner, like in European countries.
Not exact matches
In California,
where renewable energy makes up 20 percent of
retail electricity sales, an overproduction of solar and wind during the middle of the day forced the state to dump 19 gigawatt - hours of prepurchased renewable energy last year.
Even the electric utility industry recognizes that
where residential
electricity costs reach 15 cents per kilowatt - hour — or roughly 16 percent of the U.S.
retail electricity market — solar is already as cheap as grid
electricity.
The big task ahead for Alphabet is to get the technology to an efficiency and at a scale
where the cost of generating
electricity from waste heat is cheaper than the cost of
retail electricity.
In states like West Virginia, Kentucky and Missouri,
where retail electricity prices average just 8 / kWh (and industries and buildings are organized around cheap power), rates would rise more than 50 percent overnight.
In order to develop an environment
where consumers can actually make a choice of
retail electricity suppliers and
electricity generated by the source that they want, it is necessary to establish robust bodies that can operate wide - area systems.
They are fast approaching the
retail rate of
electricity of CNY 0.3 to 0.5 / kWh (depending on
where in China you are) and when compared to
electricity rates in western markets, clearly competitive.
Their client base consist of the big
retailers such as Pick and Pay, as well as other non-commercial companies
where clean water plays an important role such as Escom (main producer of
electricity in SA), all the municipalities, etc..