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UK Renewables Energy Subsidy Plan to Reduce Spend by Gbp500-600 Mil

Dec 18, 2015

Changes to the UK renewable energy subsidies, including programs such as Feed-in Tariff scheme and Renewable Obligation, will contribute a total reduction of GBP500 million-GBP600 million ($746 million-$895 million) from the Levy Control ...

Tags: Renewables Energy, fuel, climate change

German Day-Ahead Power Prices Drop Below Eur30/Mwh as Wind Hits 20 GW

Dec 15, 2015

German day-ahead baseload power prices dropped below Eur30/MWh Thursday as wind power output was forecast to rise above 20 GW ahead of calmer weather conditions, which lifted contracts further out, a source said. Baseload power for ...

Tags: nuclear, lignite, coal-fired power

New York Locational Marginal Power Prices in November Lowest Since 1999

Dec 15, 2015

Locational marginal prices for November in New York were the lowest since the New York Independent System Operator began managing the transmission grid in 1999, Rana Mukerji, senior vice president of market structures, said Wednesday during ...

Tags: natural gas, Power Prices

Wind Power Sets New Record for Energy Share in Ercot in November

Dec 15, 2015

Wind generation in November blew through a 31-month-old record share of total energy in the Electric Reliability Council of Texas, a new report shows, and an expert said it contributed to ERCOT's low on-peak power prices that month. Wind ...

Tags: Wind generation, coal-fired generation, natural gas-fired generation

French Prompt Power Prices Fall as Load Forecast Revised Down

Dec 2, 2015

French prompt power prices fell Thursday after demand forecasts for Friday and into next week were revised lower amid an expected increase in wind generation in France and Germany, sources said. Friday baseload was last heard trading at ...

Tags: power prices, Gas, coal

UK Day-Ahead Power Prices Move Sideways on Mixed Market Signals

Dec 2, 2015

UK day-ahead power prices were mixed on Tuesday, moving in opposite directions for the second consecutive day this week, as healthy wind supply and weak NBP spot market offset bullish influence of rising demand. At the Platts 1100 GMT, ...

Tags: gas-fired power, coal-fired power, NBP gas

UK Day-Ahead Power Prices Fall on Forecast for Mild Weather, Steady Wind

Nov 25, 2015

UK day-ahead power prices fell sharply Tuesday, extending Monday's losses as steady demand amid mild weather conditions and stable wind power forecasts weakened the prompt market. Baseload power for Wednesday delivery was last heard ...

Tags: power prices, fuel, Didcot B gas

Entergy to Shut 849 MW Fitzpatrick Nuclear Power Plant as Soon as 2017

Nov 4, 2015

The 849 MW FitzPatrick nuclear power plant in Scriba, New York, will be shut permanently by late 2016 or early 2017, due to "the continued deteriorating economics of the facility," Entergy said Monday in a statement. The unit is licensed to ...

Tags: Nuclear Power, natural gas prices, power plants

China LED Makers Challenge Industry Niche Strategy

Sep 1, 2015

Raging price wars in the LED industry urged many manufacturers to veer away from low entry level products, and invest their resources in more profitable niche markets. Some of these markets include IR LED, UV LED, automotive lighting, grow ...

Tags: LED industry, IR LED, UV LED

China Will Accelerate Price Reform This Year in Electric Power Sector

Mar 6, 2015

China will accelerate price reform this year in sectors such as electric power, head of the country's top price regulator said Thursday. The National Development and Reform Commission (NDRC) will further strengthen its efforts on price ...

Tags: Price Reform, electric power

The China Spot Price of Silicon Metal Was Higher

Oct 19, 2014

The China spot price of 553-grade 98.5% silicon metal was assessed slightly higher this week at $2,130-2,170/mt FOB China, compared with $2,120-2,170/mt FOB a week ago, as Chinese sellers -- despite slow demand -- kept export offers high in ...

Tags: silicon metal, Silicon

Brazil's Plan to Auction 3.5gw of PV Capacity as Welcome News for Global Solar Industry

Aug 18, 2014

Brazil's plan to auction 3.5GW of PV capacity through 2018 comes as welcome news for the global solar industry as the ambitious plan is expected to catalyze solar growth in Latin America, according to IHS. The Brazilian Electricity ...

Tags: Brazil, PV Capacity, Lighting

South Africa Ranked Highest in Potential Market Size, Project Profitability

Feb 20, 2014

South Africa's target of building 8.4GW of solar photovoltaic (PV) capacity by 2030, combined with the success of its large-scale tendering process in attracting investment to fulfill that goal, positions the country as the most attractive ...

Tags: Solar Energy, Attractive Emerging Country

Government Incentives for Nuclear Reactors Could Cost U.K. Taxpayers £17.62 Billion

Feb 13, 2014

Government incentives for a pair of proposed nuclear reactors could cost U.K. taxpayers as much as £17.62 billion, thus exceeding the reactors' projected cost. The EC figure is a preliminary estimate included in an initial report to ...

Tags: nuclear generation

Platts Margins Reflect The Difference Between a Crude's Netback and Its Spot Price

Feb 10, 2014

Platts margins reflect the difference between a crude's netback and its spot price. Netbacks are based on crude yields, which are calculated by applying Platts product price assessments to yield formulas designed by Turner, Mason & Co. ...

Tags: Gas, Refining Margins

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