TV News LIES

Monday, Dec 11th

Last update09:35:18 AM 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...


Biden administration issues rule to cut methane emissions from oil and gas

Methane gasThe Biden administration on Saturday announced new regulations that are expected to deliver significant cuts to...

US to announce release of 15M barrels of oil from strategic reserve

US will release 15M barrels of oil The U.S. will release 15 million barrels of oil from its strategic reserve, Biden administration officials...

California goes on offense against Big Oil

 California sues big oil Democratic California Gov. Gavin Newsom announced a lawsuit Saturday against five major oil companies and their...

Drone strikes knock out half of Saudi oil capacity, 5 million barrels a day

Saudis shut down half of oil output after attackDrone strikes on Saudi Arabian oil facilities have disrupted about half of the kingdom's oil capacity,...
 
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!