Electricity Price Surged to All-Time Record for March
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Electricity Price Surged to All-Time Record for March
Makes sense...pull a bunch of coal fired plants offline (which can store coal bought cheap to hedge against price spikes) and replace some of them with natural gas turbines, which are hooked to grid and subject to price spikes when weather gets frigid, like it did this winter.
Reduced grid capacity, coupled with a floating price fuel source = higher prices.
"If someone wants to build a new coal-fired power plant they can, but it will bankrupt them because they will be charged a huge sum for all the greenhouse gas that's being emitted." - Barack Obama 2008
http://www.politifact.com/ohio/statements/2011/mar/14/ohio-coal-association/ohio-coal-industry-says-obama-promised-bankrupt-co/
Electricity Price Surged to All-Time Record for March
April 16, 2014 - 5:05 PM
http://cnsnews.com/news/article/terence-p-jeffrey/electricity-price-surged-all-time-record-march
(CNSNews.com) - The average price for a kilowatthour (KWH) of electricity hit a March record of 13.5 cents, according data released yesterday by the Bureau of Labor Statistics. That was up about 5.5 percent from 12.8 cents per KWH in March 2013.
The relative price of electricity in the United States tends to rise in spring, peak in summer, and decline in fall. Last year, after the price of a KWH averaged 12.8 cents in March, it rose to an all-time high of 13.7 cents in June, July, August and September.
If the prevailing trend holds, the average price of a KWH would hit a new record this summer.
Reduced grid capacity, coupled with a floating price fuel source = higher prices.
"If someone wants to build a new coal-fired power plant they can, but it will bankrupt them because they will be charged a huge sum for all the greenhouse gas that's being emitted." - Barack Obama 2008
http://www.politifact.com/ohio/statements/2011/mar/14/ohio-coal-association/ohio-coal-industry-says-obama-promised-bankrupt-co/
Electricity Price Surged to All-Time Record for March
April 16, 2014 - 5:05 PM
http://cnsnews.com/news/article/terence-p-jeffrey/electricity-price-surged-all-time-record-march
(CNSNews.com) - The average price for a kilowatthour (KWH) of electricity hit a March record of 13.5 cents, according data released yesterday by the Bureau of Labor Statistics. That was up about 5.5 percent from 12.8 cents per KWH in March 2013.
The relative price of electricity in the United States tends to rise in spring, peak in summer, and decline in fall. Last year, after the price of a KWH averaged 12.8 cents in March, it rose to an all-time high of 13.7 cents in June, July, August and September.
If the prevailing trend holds, the average price of a KWH would hit a new record this summer.
Anti Federalist- Posts : 1385
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Re: Electricity Price Surged to All-Time Record for March
Anti Federalist wrote:If the prevailing trend holds, the average price of a KWH would hit a new record this summer.
Not in Wolfeboro!
The last thing we need is to have the coal fired plants hang around for a long time. The latest report on global warming is very bleak, with the possibility raised that the world could possibly see a hike of 9 degrees, Fahrenheit by the end of the century. That would virtually wipe out all current coastal towns in the USA, and that's why we need more renewable energy!
http://mashable.com/2014/04/14/un-climate-report-need-to-know/
News Buzzard- Posts : 3091
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Re: Electricity Price Surged to All-Time Record for March
News Buzzard wrote:Anti Federalist wrote:If the prevailing trend holds, the average price of a KWH would hit a new record this summer.
Not in Wolfeboro!
The last thing we need is to have the coal fired plants hang around for a long time. The latest report on global warming is very bleak, with the possibility raised that the world could possibly see a hike of 9 degrees, Fahrenheit by the end of the century. That would virtually wipe out all current coastal towns in the USA, and that's why we need more renewable energy!
http://mashable.com/2014/04/14/un-climate-report-need-to-know/
AGW is Malthusian nonsense.
Anti Federalist- Posts : 1385
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Re: Electricity Price Surged to All-Time Record for March
That's right, just ignore the overwhelming science!
http://www.scientificamerican.com/article/costs-of-climate-change-may-prove-high-for-future/
When parts of the country become "effectively uninhabitable" I'm sure it's going to be Obama's fault!
http://www.scientificamerican.com/article/costs-of-climate-change-may-prove-high-for-future/
When parts of the country become "effectively uninhabitable" I'm sure it's going to be Obama's fault!
News Buzzard- Posts : 3091
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Re: Electricity Price Surged to All-Time Record for March
News Buzzard wrote:That's right, just ignore the overwhelming science!
http://www.scientificamerican.com/article/costs-of-climate-change-may-prove-high-for-future/
When parts of the country become "effectively uninhabitable" I'm sure it's going to be Obama's fault!
I've lived long enough for the "overwhelming science" to be wrong enough times not to trust it.
If the climate is going to change, it will change with or without a global government command and control tyranny scheme, which is the only reason AGW is pushed so hard.
250,000 years ago, where I sit typing this, was under a 100 meter thick ice sheet.
A couple million years before that, it was under the sea.
Anti Federalist- Posts : 1385
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Join date : 2013-06-16
The War on Coal...
http://host-32.242.54.159.gannett.com/news/article/241770/2/Thousands-of-coal-miners-out-of-work-politicians-blame-federal-government?odyssey=tab|topnews|bc|large"It's an attack. There's no other way to say it. When you pass regulations without the authority of law and you pass it only on one region, only on Appalachia. The western coal fields in Colorado and Wyoming don't have the same regulations that we do. That makes it frustrating for the community," Judge Brock said.
Both the judge and Coal Caucus Committee Member Congressman Hal Rogers place the blame on the Obama administration, specifically the Environmental Protection Agency.
"The administration is not issuing permits to mine coal. They've only issued two permits in Kentucky in three years, which is a drop in the bucket. And we're seeing layoffs everyday."
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