TV News LIES

Wednesday, Dec 01st

Last update11:29:09 PM GMT

You are here News Energy Wholesale energy prices dip below zero because of California’s solar power

Wholesale energy prices dip below zero because of California’s solar power

E-mail Print PDF

Solar power in CaliforniaSolar power shines bright in California, and wholesale energy prices prove it. Last winter and early spring’s dependence on solar drove wholesale energy prices to negative prices, according to the U.S. Energy Information Administration.

Solar power in the California Independent System Operator accounted for nearly 40% of net grid power for three hours on March 11, 2017, the administration reports —a major first.

These figures don’t translate for the consumer into retail prices, which are based on averages. But the move will likely cause energy companies to pay more attention to green energy options.

More...


Most Recent Related Stories...


U.S. challenges OPEC+ with coordinated release of oil from reserves

US challenges OPEC with coordinated release of oil reservesThe United States said on Tuesday it will release millions of barrels of oil from strategic...

More than 40 countries agree to phase out coal-fired power

More than 40 countries to phase out coal More than 40 countries have agreed to phase out their use of coal-fired power, the dirtiest...

Reuters: U.S. asks Japan, China, others to consider tapping oil reserves - sources

Biden wants powers to release oil reserves.The Biden administration has asked some of the world's largest oil consuming nations - including China,...

U.S. House Democrats grill Big Oil in climate deception probe

Big Oil execs testifyExecutives from some of the world's biggest oil companies denied in U.S. congressional testimony on Thursday...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!