TV News LIES

Thursday, Apr 02nd

Last update04:10:30 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...


'We are the verge of a massive collapse': Ex-Energy Secretary Perry says COVID-19 will ravage oil industry

Rick PerryFormer Energy Secretary Rick Perry believes that the oil industry could collapse because of the dramatic...

Islamic State attacks Kabul gathering, killing at least 32

Taliban attack in KabulIslamic State gunmen opened fire at a ceremony in Kabul on Friday, killing at least 32...

Saudi Arabia floods markets with $25 oil as Russia fight escalates

Saudi oilSaudi Arabia is flooding markets with oil at prices as low as $25 per barrel, specifically...

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!