Electricity price flies off the grid
The increases are driven in large part by a 56 percent rise in natural gas, a key power plant fuel
#msg-29781041
Americans may pay a lot more for electricity this summer, federal energy officials and the spot power market indicate. Worst hit could be the Northeast, especially the area from Boston to New York City, where forward prices from the InterContinental Exchange for July-August 2008 have been running up to 75% and higher over year-ago levels.
#msg-29781241
solar and wind will catch up because conventional generation is becoming more expensive! (and demand is increasing)
wind #board-12679
The increases are driven in large part by a 56 percent rise in natural gas, a key power plant fuel
#msg-29781041
Americans may pay a lot more for electricity this summer, federal energy officials and the spot power market indicate. Worst hit could be the Northeast, especially the area from Boston to New York City, where forward prices from the InterContinental Exchange for July-August 2008 have been running up to 75% and higher over year-ago levels.
#msg-29781241
solar and wind will catch up because conventional generation is becoming more expensive! (and demand is increasing)
wind #board-12679
Solar Stocks #board-11148
Peak Oil #board-6609
Coal #board-2809
Real Estate Bubble #board-7285
Lender Implosion #board-10076
HomeBuilders #board-1680
Your Economy #board-1948
Global Warming #board-11877
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