electricity Archives - Financial Trend Forecaster

California’s Latest Hustle: Utility Bills Based on Ratepayers’ Income

Leave a Comment / Electricity / By Guest Contributor

Utility bills—for electricity, natural gas, water, and garbage—have by long-standing tradition been based on customer usage, measured in kilowatt-hours of electricity, therms or Btu of natural gas, hundred cubic feet of water, or number of garbage cans. Every residence and business has electric, gas, and water meters that measure utility usage… But what if utilities based their fixed fee on customers’ income levels rather than a flat uniform fee for every customer?

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Electricity Rates by State

Leave a Comment / Electricity / By Tim McMahon

The national average retail electricity price per kWh is 10.48 cents per kilowatt-hour. As we can see from the chart below 11% of electricity comes from renewable sources including hydroelectric. 23% (of that 11%) comes from hydro, only 8% (of that 11%) comes from solar and 22% comes from wind.

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Electricity Production Capacity Changes in 2019

Renewable Energy Trends in 2019

Leave a Comment / Electricity / By Tim McMahon

According to a new report from the U.S. Energy Information Administration (EIA) 2019 will be a good year for renewables. A whopping 46% of new electricity production will come from Wind power and 18% will come from Solar Photovoltaic power with the remaining increase coming from clean burning Natural Gas for a total increase in generating capacity of 24 gigawatts (GW). On the other hand, 8 gigawatts (GW) of electrical generating capacity will be retired this year 53% of that will be coal fired, 27% natural gas and 18% will be nuclear powered plants.

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Move Aside Lithium – Vanadium Is The New Super-Metal

Leave a Comment / Energy / By OilPrice.com

The lithium ride was a great one. Cobalt, too. All they needed was their Elon Musk moment, which came in the form of the Nevada battery gigafactory. The next Elon Musk moment won’t be about lithium at all—or even cobalt. It will be for an element that takes everything electric to its revolutionary finish line: Vanadium.

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Energy Trends- Deregulation (or Not)

Leave a Comment / Electricity, Energy / By Tim McMahon

Is Energy Deregulation Just a Fad? In the late 1990’s, individual states began trying to introduce more competition into the energy marketplace. As we know, competition tends to drive down prices and improves choice and service. Without competition businesses get lazy and they add layers of bureaucracy and then simply tack the additional costs on to

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Will Drought Lead to US Blackouts?

Electricity, Water / By Guest Contributor

Will the US Face Blackouts as Electricity Generation Suffers in Drought? Well, its official – the U.S. government has acknowledged that the U.S. is in the worst drought in over 50 years, since December 1956, when about 58 percent of the contiguous U.S. was in moderate to extreme drought. According to the National Oceanic and

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Iran Hopes Exporting Electricity Will Cover for Reduced Oil Demand

1 Comment / Commodity Trends, Electricity, Natural Gas, Oil / By Guest Contributor

Exporting Electricity Against the backdrop of discussions about pending negotiations over its controversial nuclear program and the upcoming deadline of an European embargo on Iranian oil comes a quiet push by the Islamic republic to become a major electricity exporter. Tehran had said it was expecting to secure electricity deals with Syria and Lebanon and

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Germany- a Nuclear Power Trendsetter?

Leave a Comment / Energy / By Casey Research

By Marin Katusa, Casey Energy Opportunities In a dramatic about-face, Chancellor Angela Merkel announced last Monday that Germany will phase out nuclear power completely by 2022, shutting down its nine operational reactors and never restarting the seven reactors that were suspended in the wake of the nuclear disaster at Japan’s Fukushima Daiichi plant. Germany has

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