Sentences with phrase «wholesale power»

By reducing demand, energy efficiency brings about lower wholesale power prices for all customers, they noted.
The survey also shows that electric utilities are largely opposed to key administration energy priorities, including rolling back carbon regulations and altering wholesale power markets to benefit coal and nuclear plants.
This results in wholesale power that typically costs more than retail power.
This was below the price of wholesale power from the grid during that year, and competitive with electricity from natural gas.
The major nearby alternative sources, however, are more expensive, and seem to be contributing to higher wholesale power prices.
Ironically, at the same time, an increased amount of renewable energy on the grid is forcing wholesale power prices down.
That project is on life support after its developer terminated contracts to purchase land for support facilities without explanation and was suspended from taking part in the region's wholesale power market.
In 2013 wholesale power prices have fallen to quite low levels, partly due to reduced power consumption.
Many states have not «restructured» to allow for retail access for customer energy sales nor do they rely on wholesale power markets for supply.
In early May, Dominion Resources retired the Kewaunee Power Station in Wisconsin because of lower wholesale power prices in the region.
The program was carefully designed to avoid entanglement with wholesale power markets.
• Calpine Corp (NYSE: CPN), a Houston, Texas - based wholesale power generation company, is exploring a sale, according to the Wall Street Journal.
An electric cooperative that provides wholesale power and services to customers in 22 counties in western Kentucky has told state regulators it intends to end an operating agreement at a 312 - MW coal - fired plant in Henderson, which could lead to the plant's retirement.
«Given the financial challenges our merchant power plants face from sustained wholesale power price declines and other unfavorable market conditions, we have been assessing each asset,» said Leo Denault, Entergy's chairman and chief executive officer.
By Ed Caryl The California Independent System Operator (ISO) manages the high - voltage wholesale power grid for the state of California.
That's not the case yet in China, however, where wholesale power prices for coal power are set at fairly low levels by the government and where renewable energy facilities suffer financially from delayed subsidy payments and from curtailment.
Note, the generation of power from renewables, including wind, is suppressing wholesale power prices.
Under Modi, reverse auctions and other supportive policies have cut solar energy costs to below 5 rupees (7.5 U.S. cents) per kilowatt - hour — lower than India's average wholesale power rate.
Merchant generators claim the states are changing the power price and intruding on the authority of the federal government's exclusive authority over wholesale power rates.
Five utilities and grid operators have already joined the Energy Imbalance Market, a real - time wholesale power market managed by California's grid operator which allows electricity trading in intervals as small as five minutes.
As such, purchasing wind power resources as a hedge against ever increasing natural gas prices is likely to be a wise financial decision, even if wind power prices are slightly higher than today's wholesale power costs.
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.
U.S. District Judge Valerie Caproni rejected the plaintiffs» argument that the subsidies interfere with federally regulated wholesale power markets.
Exelon, headquartered in Chicago, is a $ 31 billion energy services and wholesale power firm with one of the nation's largest nuclear fleets, as well as extensive holdings in natural gas, wind and hydropower generation assets.
European wind and solar power are subsidised, have no fuel costs, and get priority grid access, meaning that when the sun is shining and wind blowing wholesale power prices can fall to near zero or even go negative, destroying the margins of gas and coal - fired power plants run by conventional electricity utilities.
But as renewable energy penetration continues to grow, Moody's expects wholesale power prices to continue to decline, which is credit negative for all merchant generators.
SA Energy Minister Tom Koutsantonis said wholesale power prices were «notoriously volatile».
Yes, solar is increasingly reaching parity with retail or even wholesale power prices in some markets such as the Middle East or Australia.
Generation dispatch decisions are made by an individual utility operating multiple plants in its service area or by a Regional Transmission Organization as part of a centralized wholesale power market.
Which doesn't seem to gel with the fact that when Victoria's 1,600 MW Hazelwood plant closed earlier this year, Victorian wholesale power prices jumped by 25 %, overnight.
(You keep an eye on the Leitstudie, so you later notice that the version of 2011 (PDF in German) no longer contains the table from the 2010 version (Table 6.2) showing expectations for rising wholesale power prices, which are now dropping.
At the same time, utilities appear overwhelmingly opposed to the Trump administration's attempt to reshape wholesale power markets with its Notice of Proposed Rulemaking (NOPR) on grid resilience, rejected last month by FERC.
Stricken by a series of disruptions, including Germany's 2011 decision to phase out all its nuclear power plants by 2022 in response to the Fukushima disaster, and the ensuing Energiewende — the energy transition that boosted renewables growth through subsidies and sent wholesale power prices tumbling — both companies have already attempted restructuring to stay profitable.
«Baseload power from coal - fired and nuclear generation is exiting wholesale power markets, and no organized market is immune.
But since natural gas - fired generation is often the marginal source of generation during summer and winter peak demand seasons, natural gas prices tend to drive wholesale power prices at these times of the year.
Since the beginning of the year, Northwest wholesale power prices at the Mid-Columbia trading point have averaged 45 % below the 5 - year average (2006 - 2010) prices, and were well below the 5 - year price range.
Former FERC officials and energy experts say moves to guarantee cost recovery for generators with onsite fuel supplies could unravel wholesale power markets.
That is the harrowing number that solar and all new energy must compete with if going after dispatchable wholesale power.
LO3 Energy and European electricity exchange EPEX Spot plan to develop blockchain energy trading and transaction systems to link microgrids with the European wholesale power market.
Judge Easterbrook countered that both programs establish markets for separate commodities that in some way affect wholesale power prices.
RFF experts, in partnership with the the Instituto Technológico Autónomo de Mexico in Mexico and the International Institute for Sustainable Development in Canada, are exploring a number of issues, including onshore oil and gas regulations, enhanced integration of the electricity grid and competitive wholesale power markets, options for coordinated action on climate change, and fossil energy export strategies.
The Energy Department plan drew criticism from natural gas producers, grid operators and others who argued it would undermine competition in wholesale power markets.
Winter in the US is starting to add upward pressure on wholesale power prices in the ISO - New England and PJM Interconnection.
FitzPatrick, which has 600 workers, has been losing money because of low wholesale power prices based on cheap and plentiful natural gas.
«Given the financial challenges our merchant power plants face from sustained wholesale power price declines and other unfavorable market conditions, we have been assessing each asset,» said Denault.
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