Average wholesale prices for electricity at major trading hubs in the United States were higher in 2021 than in 2020 as increasing costs for power generation fuels, especially natural gas, pushed electricity prices higher in the second half of 2021. Constraints on electricity supply as a result of cold weather … [continued]
The adoption of any new technology is a gradual process, and it always takes time for people to break free of their old ways of doing things. Early TV shows were basically filmed radio plays, and early websites looked like magazine pages with hyperlinks.
There is a very short window of time to get out of pure-play oil & gas company investments without substantial losses. It is imperative to sell them now. It is already too late to get out of pure-play coal company investments without substantial losses. But they will lose even more money going forward.
There are 8 major items in the Edmunds True Cost to Own figures: Depreciation, Taxes & Fees, Financing, Fuel, Insurance, Maintenance, Repairs, and a possible Tax Credit. For this article, I’m only going to focus on how fuel costs compare between gas cars and electric vehicles (EVs). The other categories should not have much variation. I’ve owned electric cars for the last 7 years, and although they have fewer repairs than my gas cars, the few repairs that have been required have been more expensive.
Australians now have access to some of the cheapest electricity in the industrialized world — but not because grid electricity rates are low. In fact, Australians pay a lot for the electricity that they purchase from their utilities (and are generally quite unhappy about this). Instead, as Hugh Bromley of Bloomberg … [continued]
Auto industry veteran Tony Posawatz responds to a Fortune article which argued that cheap gas threatened sales of electric vehicles.
Of all the Australian states, the part of Australia we call South has the most wind and solar capacity per person. Wind power generates electricity equal to about a third of the state’s total consumption and rooftop solar generates about 6%. We don’t have utility-scale solar on account of how … [continued]
Originally published on Renew Economy. By Sophie Vorrath Scrapping or winding back Australia’s Renewable Energy Target would lead to significant increases in electricity prices, while delivering a windfall profit to power companies of as much as $70 billion, according to new analysis from Bloomberg New Energy Finance. The analysis shows … [continued]
Originally published on RenewEconomy. Last week we wrote that some utilities in Australia – particularly those in regional areas – accepted that the future would bring big changes to the way energy was produced and delivered, and that communities would use local renewable energy sources and storage to look after their own needs. But what … [continued]
Originally published on RenewEconomy. The head of US-based solar manufacturer and developer SunPower says the company is about to add storage to its solar offerings, and says Australia should be at the leading edge of the localised, or distributed generation market. SunPower CEO Tom Werner says the time is now … [continued]
