NewEnergyNews: NEW ENERGY CUTS UK ELECTRICITY PRICE

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YESTERDAY

  • Weekend Video: There Is No ‘New Ice Age’
  • Weekend Video: Talking Offshore Wind
  • Weekend Video: The Stuff Of Tomorrow’s New Energy
  • THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-Are Climate Change Denial And Racism Connected?
  • FRIDAY WORLD HEADLINE-Around The World, New Energy Is Booming
  • FRIDAY WORLD HEADLINE-EVs To Boost India Power Delivery
  • THE DAY BEFORE THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, June 14:

  • TTTA Thursday-Cut Premature Births By Closing Coal
  • TTTA Thursday-U.S. Ocean Wind Gets Stronger
  • TTTA Thursday-Nothing Can Hold Solar Back
  • THE DAY BEFORE THAT

  • ORIGINAL REPORTING: Join or die: How utilities are coping with 100% renewable energy goals
  • ORIGINAL REPORTING: Massachusetts and California provide different lessons on growing community solar
  • THE LAST DAY UP HERE

  • TODAY’S STUDY: Solar Is Coming And Utilities Better Get Ready
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    Founding Editor Herman K. Trabish

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

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  • TODAY AT NewEnergyNews, June 18:

  • TODAY’S STUDY: Study Shows Solar Is NOT Going Just To The Rich
  • QUICK NEWS, June 18: Buying A Home In A Time Of Climate Change; New Reasons To Buy New Energy

    Friday, October 23, 2015

    NEW ENERGY CUTS UK ELECTRICITY PRICE

    Renewables bring down the wholesale cost of energy, finds new study

    October 19, 2015 (Blue & Green Tomorrow)

    “…[Concerns over the cost of renewable subsidy schemes have led to significant policy changes and cast doubt over future deployment of renewables. Whilst these support mechanisms ultimately increase consumer bills in the short term, renewables also act to reduce them by driving down wholesale electricity prices – a phenomenon described as the Merit Order Effect. Studying it shows renewables are cutting the wholesale price of energy and lessening the impact of subsidies on bill payers. Wind and solar reducing consumer bills An investigation into the Merit Order Effect from Good Energy] shows that wind and solar brought down the wholesale cost of electricity by £1.55 billion in 2014…That meant an overall net cost for supporting the two renewable sources last year was £1.1 billion, 58% less than the cost reflected in the capped budget set for green subsidies…Experts from the University of Sheffield have backed the report…” click here for more

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