Google Groups no longer supports new Usenet posts or subscriptions. Historical content remains viewable.
Dismiss
Heckuva job, Barry
0 views
Skip to first unread message
Ferd Berfle
May 23, 2012, 5:30:49 AM5/23/12
to
Last week PJM Interconnection, the company that operates the electric grid
for 13 states (Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan,
New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West
Virginia and the District of Columbia) held its 2015 capacity auction. These
are the first real, market prices that take Obama's most recent anti-coal
regulations into account, and they prove that he is keeping his 2008
campaign promise to make electricity prices "necessarily skyrocket."
The market-clearing price for new 2015 capacity - almost all natural gas -
was $136 per megawatt. That's eight times higher than the price for 2012,
which was just $16 per megawatt. In the mid-Atlantic area covering New
Jersey, Delaware, Pennsylvania, and DC the new price is $167 per megawatt.
For the northern Ohio territory served by FirstEnergy, the price is a
shocking $357 per megawatt.
Why the massive price increases? Andy Ott from PJM stated the obvious:
"Capacity prices were higher than last year's because of retirements of
existing coal-fired generation resulting largely from environmental
regulations which go into effect in 2015." Northern Ohio is suffering from
more forced coal-plant retirements than the rest of the region, hence the
even higher price.
These are not computer models or projections or estimates. These are the
actual prices that electric distributors have agreed to pay for new
capacity. The costs will be passed on to consumers at the retail level.
http://www.foxnews.com/opinion/2012/05/22/obamas-war-on-coal-hits-your-electric-bill/
for 13 states (Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan,
New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West
Virginia and the District of Columbia) held its 2015 capacity auction. These
are the first real, market prices that take Obama's most recent anti-coal
regulations into account, and they prove that he is keeping his 2008
campaign promise to make electricity prices "necessarily skyrocket."
The market-clearing price for new 2015 capacity - almost all natural gas -
was $136 per megawatt. That's eight times higher than the price for 2012,
which was just $16 per megawatt. In the mid-Atlantic area covering New
Jersey, Delaware, Pennsylvania, and DC the new price is $167 per megawatt.
For the northern Ohio territory served by FirstEnergy, the price is a
shocking $357 per megawatt.
Why the massive price increases? Andy Ott from PJM stated the obvious:
"Capacity prices were higher than last year's because of retirements of
existing coal-fired generation resulting largely from environmental
regulations which go into effect in 2015." Northern Ohio is suffering from
more forced coal-plant retirements than the rest of the region, hence the
even higher price.
These are not computer models or projections or estimates. These are the
actual prices that electric distributors have agreed to pay for new
capacity. The costs will be passed on to consumers at the retail level.
http://www.foxnews.com/opinion/2012/05/22/obamas-war-on-coal-hits-your-electric-bill/
HollywoodŽBoy
May 23, 2012, 5:10:46 PM5/23/12
to
Ferd Berfle wrote:
: Last week PJM Interconnection, the company that operates the electric grid
simply put, get this (#%&$*%*#) damn pimp out of the whitehouse! we are
swirling downt he drain as a country, get this jerk outta' there!
: Last week PJM Interconnection, the company that operates the electric grid
swirling downt he drain as a country, get this jerk outta' there!
Ferd Berfle
May 24, 2012, 5:47:36 AM5/24/12
to
"HollywoodŽBoy" <"manny or borg"@spam.email.com> wrote in message
news:O_6dnae8O4HFzyDS...@earthlink.com...
bills on Halliburton.
0 new messages