Posts Tagged ‘Down’

Economics says time to shut down some coal plants

From Think Progress : Sadly the graph isn't global, it's for the 15 US states with the best wind resources. But for those states it's saying that the cost of just operating and fueling coal plants exceeds the cost for wind power of constructing, operating, and fueling. View full post on Wind Power News

Weak sterling drives down gas prices

Gas prices in July were 18% lower than their yearly average and 41% cheaper than they were last winter, according to the latest Vayu Energy Report. Looking ahead, Vayu says gas prices for this winter are at one of the lowest points seen this year, with wholesale gas prices for October 2017 to March 2018 […]

Europe Power-Spot prices down as wind, nuclear supply picks up

European prompt power prices fell on Thursday as Germany was expected to see wind power production surge on Friday while French nuclear reactors returned from outages, boosting supply at a time of weakening pre-weekend demand. * The German baseload contract for Friday delivery was down 8.2 percent at 37.4 euros a megawatt hour . View […]

We can’t be Denmark: Josh Frydenberg plays down wind energy potential on Q&A

Energy minister says Australia’s remoteness means it cannot match European countries yet in producing electricity from renewables Josh Frydenberg has pointed to South Australia’s intermittent power issues as evidence that the rest of the country is not ready to transition out of fossil fuels, calling the state Australia’s “great experiment”. The minister for the environment […]

UK Power Down 21% in December Natural Gas Prices Resilient as BBL Contracts Expire

UK day-ahead wholesale electricity prices fell 21% on average last month but remain 41% up year-on-year, S&P Global Platts data show. UK natural gas prices proved more resilient, down just 3% month-on-month to end-December and still 36% higher year-on-year. View full post on Wind Power News

Xenophon shoots down Abbott’s proposal on 18C with ‘no, no and no’ – as it happened

The Coalition prepares to bring registered organisations bill to crack down on unions while the windfarm commissioner will appear before Senate estimates. As it happened 8.05am BST Estimates will continue into the evening, until 11pm. So let’s wrap for today: 8.00am BST The lively day in Canberra is powering right through to close of business. […]

Electricity prices in Lithuania down due to cheap Swedish power

Considerable increase in the output of wind energy in Sweden and the Baltic states, average electicity prices in the Lithuanian bidding zone of the power market has dropped by 9% to 3.28 euros per megawatt-hour over the past week and by a third over the past year, writes LETA/BNS…. Read more… View full post on […]

Today’s Top 6 Wind Energy Stories: Cost Down 60 Percent Since 2009

Nationwide, wind energy accounted for 13.3% of German electricity generation during the last year. According to grid operators storm “Bjarni” set a new output record of 32.6 million kWh at the end of the year. View full post on Wind Power News

The cheapest oil ever still won’t slow down the clean energy revolution

President Obama is in the midst of a week of climate change-focused appearances, starting at a clean energy summit in Las Vegas Monday night and culminating in the first-ever visit to the U.S. Arctic in Alaska beginning August 31. The White House says clean energy is on the march, from rapidly expanding distributed solar installations […]

RBI cuts repo rate, EMIs likely to go down

Latest GDP numbers show the Indian economy cruising at 7.3 per cent, but there is lot of below the headline numbers that show pockets of weakness. The new friendship between Ma and Sharma follows a deal in February this year in which Ant Financial invested about $500 mn for a 25% stake in Paytm. View […]