Sentences with phrase «wholesale electricity prices in»

The winter of 2012 - 13 saw spikes in wholesale electricity prices in New England and New York as demand for natural gas from both electric generators and natural gas distribution companies taxed the capacity to bring natural gas into these markets.

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.

Wholesale electricity prices in Central New York tend to be much lower than Downstate prices.

«These projects will undercut gas generation, which has commonly set the wholesale electricity price in recent times.

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.

Blaming an increase in wholesale energy prices, Npower has told its four million customers to expect average gas prices to rise by 17.2 per cent and electricity by 12.7 per cent, with other suppliers expected to follow suit.

In recent years, historically low natural gas prices have driven down wholesale electricity costs as plant owners switched to that fuel, making nuclear power less competitive financially.

«New York households pay some of the highest electric bills in the nation, and the wholesale electricity market overseen by NYISO has a major impact on prices,» said Beth Finkel, state director for AARP in New York state.

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.

EIA: High temperatures drove record electricity demand and very high wholesale prices in Texas

«Since August, wholesale power prices in South Australia have been consistently cheaper than Victoria, and in September and October, SA had the cheapest wholesale prices of mainland states in the National Electricity Market,» he said.

The growth of solar and wind power has highlighted the issue of negative pricing on the wholesale markets, where in some instances the availability of wind or solar power depresses prices to the point where wholesalers pay their utility customers to take the electricity off their hands.

Wholesale electricity price maps are a useful resource for visualizing location - specific prices and transmission constraints in real time.

Release of the wholesale pricing data in South Australia — and data showing South Australia still has the highest prices in the National Electricity Market — prompted state opposition energy spokesman Dan van Holst Pellekaan to savage a claim by Mr Weatherill that his $ 550 million «self - sufficient» energy plan was producing the lowest power prices in the national market.

from the article: «Wholesale electricity prices remain broadly in - line with major neighbouring jurisdictions such as New York, Michigan and Pennsylvania,» spokesperson Kirby Dier wrote in an email to CBC.

A revenue gap analysis conducted by the national laboratory for 79 of 99 operational reactors that are in a region where public wholesale electricity market prices are available suggests that 63 units would have lost money in 2016.

Wholesale electricity prices reflect the operational stress of meeting these periodic increases in demand.

In addition, New Jersey, in common with many other states, allows homeowners to get credit for their solar electricity at retail prices while the energy being replaced could have been bought by the utility at much lower wholesale prices, a subsidy called net meterinIn addition, New Jersey, in common with many other states, allows homeowners to get credit for their solar electricity at retail prices while the energy being replaced could have been bought by the utility at much lower wholesale prices, a subsidy called net meterinin common with many other states, allows homeowners to get credit for their solar electricity at retail prices while the energy being replaced could have been bought by the utility at much lower wholesale prices, a subsidy called net metering.

In Queensland, over the first five months of this year, electricity consumers paid the highest wholesale prices in the NEM, 30 per cent above the averagIn Queensland, over the first five months of this year, electricity consumers paid the highest wholesale prices in the NEM, 30 per cent above the averagin the NEM, 30 per cent above the average.

Wholesale electricity prices this week in Queensland have fallen below $ 30 / MWh — see graph below — far below the levels of other states as mild weather and sunny condition reduced demand and generated a large amount of solar electricity.

This year it said: «All of these factors have resulted in wholesale electricity prices that continue to fall short of achieving an adequate long - term return on the business.

«In the case of Eversource, this is all regulated generation so they're not benefiting from a higher wholesale electricity price,» Marks said, «though there are some indirect pathways that we think are really relevant which may mean higher prices may be good for them.»

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.

Stanwell Corp, the Queensland government owned electricity generator, has failed to make any money in the past year from its 4,000 MW of coal and gas fired generation because rooftop solar has taken away demand and pushed down wholesale electricity prices.

In other words, cheap natural gas is lowering the price of wholesale electricity, which is cutting into the revenues of all power plant operators.

In addition to driving more renewables and reducing emissions, an increased RPS policy can reduce wholesale electricity prices, act as a hedge against high, volatile natural gas prices, and add up to 3,000 jobs per year.

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.

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.»

The average price received by large generators for electricity (wholesale price) from wind farms was in the order of $ 50 / MWh (5c / kWh);

Meanwhile offshore wind had its first «subsidy - free» bids in tenders In Germany and the Netherlands, with tenders for nearly 2 GW of new offshore wind capacity receiving no more than the wholesale price of electricitin tenders In Germany and the Netherlands, with tenders for nearly 2 GW of new offshore wind capacity receiving no more than the wholesale price of electricitIn Germany and the Netherlands, with tenders for nearly 2 GW of new offshore wind capacity receiving no more than the wholesale price of electricity.

ABSTRACT: Electricity market prices across organized wholesale electricity markets in the United States have declined significantly in recent years, prompting several nuclear power stations to consider early retirement before the end of their licensed operation or usefulElectricity market prices across organized wholesale electricity markets in the United States have declined significantly in recent years, prompting several nuclear power stations to consider early retirement before the end of their licensed operation or usefulelectricity markets in the United States have declined significantly in recent years, prompting several nuclear power stations to consider early retirement before the end of their licensed operation or useful lifespans.

The retail rate of electricity in Nevada is 12.39 cents per kilowatt - hour, while the wholesale price for electricity in the region averaged around two cents per kilowatt - hour in December 2015.

In recent years, expanded supply of low cost natural gas, increased energy efficiency, growing market penetration of renewable electricity sources, and substantial reserve margins have contributed to low prices reflecting low marginal costs in wholesale energy and capacity marketIn recent years, expanded supply of low cost natural gas, increased energy efficiency, growing market penetration of renewable electricity sources, and substantial reserve margins have contributed to low prices reflecting low marginal costs in wholesale energy and capacity marketin wholesale energy and capacity markets.

«Average on - peak, day - ahead wholesale electricity prices rose in every region of the Lower 48 states in first - half 2013 compared to first - half 2012.

(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.)

Low natural gas market prices and their impacts on wholesale electricity prices, along with low energy growth since 2008 and a lack of stability in federal policy (such as the production tax credit), have influenced wind power deployment.

In the US, there are wholesale and retail pricing for electricity.

Natural gas sets the clearing price in most markets and therefore drives wholesale electricity prices.

Second, because the power plants regulated by RGGI were operating in restructured electricity markets — in which power generators compete on open wholesale markets — they were going to capture the extra carbon value in their wholesale price bids anyway.

We will examine how public utility regulation and environmental law have traditionally balanced cost, reliability and environmental performance in the electric generation mix, and how that balance is changing as (i) wholesale electricity markets (and some retail markets) have come to rely more on competition and market pricing of electricity, and (ii) renewable generation replaces more traditional, dispatchable resources.

So much wind power was being supplied that Texas» grid operator that the Electric Reliability Council of Texas (ERCOT) reported wholesale electricity prices reached near zero and, in some cases, rates went negative.

OSPE's 2012 report Wind and the Electrical Grid: Mitigating the Rise in Electricity Rates and Greenhouse Gas Emissions detailed the mounting risk of hydraulic spill, nuclear shutdowns, and periods of negative wholesale electricity prices during severe surplus base load Electricity Rates and Greenhouse Gas Emissions detailed the mounting risk of hydraulic spill, nuclear shutdowns, and periods of negative wholesale electricity prices during severe surplus base load electricity prices during severe surplus base load generation.

In fact there is good evidence that renewable energy is reducing the wholesale price of electricity.

Finland is part of the Nordic electricity market, where the price of wholesale electricity is nearly the same in all participating countries.

Quokka, nuclear power in Germany receives the wholesale price for electricity.

In both New England and New York, frigid air has increased demand for natural gas, pushing gas prices higher and resulting in increased wholesale electricity priceIn both New England and New York, frigid air has increased demand for natural gas, pushing gas prices higher and resulting in increased wholesale electricity pricein increased wholesale electricity prices.

«The average annual wholesale price of electricity in South Australia has fallen by 40 % since 2007 - 08.

The Perry proposal, in contrast, would: pick winners and losers, cause significant price distortions in wholesale electricity markets, constitute government interference in markets, punish ratepayers, create obstacles to private investment in generation, and increase prices for customers.

«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.»

This point of use solar capacity reduces demand for grid electricity and so reduces the wholesale price as lower demand results in lower prices.