Sentences with phrase «wholesale electricity prices up»

Not exact matches

Npower has blamed rising wholesale prices - up 66 per cent for electricity and 60 per cent for gas over the last year - but ministers are sceptical this cost has to be borne by consumers so swiftly.

A study by the New York Affordable Reliable Electricity Alliance found that New York's wholesale electricity market prices (that is the price of fuel itself) went down by nearly 30 percent since 2008, but state energy taxes shot up 168 percent and transmission fees rose 55 percent over the exact same tElectricity Alliance found that New York's wholesale electricity market prices (that is the price of fuel itself) went down by nearly 30 percent since 2008, but state energy taxes shot up 168 percent and transmission fees rose 55 percent over the exact same telectricity market prices (that is the price of fuel itself) went down by nearly 30 percent since 2008, but state energy taxes shot up 168 percent and transmission fees rose 55 percent over the exact same time period.

This means it covers the direct cost of low - carbon subsidies, energy efficiency and carbon taxes, as well as indirect costs due to strengthening grids, backing up intermittent renewables, compensating conventional generation for lost revenue through the capacity market and savings due to the merit - order effect, which pushes down wholesale electricity prices.

A Fraunhofer Institute study found that thanks to the merit order effect, solar PV reduces average German wholesale electricity prices around 10 percent and peak prices up to 40 percent.

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.

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.

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.

Utilities that sign up to the 800 million - euro ($ 1.1 billion) balancing market can be paid as much as 400 times wholesale electricity prices, the data show.

(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.)

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.