How Utilities Can Save Customers Billions of Dollars

  • 📰 cleantechnica
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

United Kingdom United Kingdom Headlines News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

If utilities modernize the way they select the resources they run each day, they can save carbon and reduce energy prices.

has the monthly results for every coal plant currently operating. The results can be filtered at the national, regional, state, utility, or plant level and will show when coal was economic to dispatch. Some interesting findings include:

Since 2012, utilities in the Southeast uneconomically committed coal at a $5.6 billion price tag for customers; those losses account for over one-third of all losses associated with uneconomic commitment. This is unsurprising because utility companies in the southeast haven’t had access to transparent market prices.

The largest opportunities for saving are in the West and Southeast, where there isn’t a sufficiently liquid energy market with transparent pricing. Implementing a robust day ahead and real-time energy market with centralized dispatch based on merit order has the potential to reduce energy costs by hundreds of millions of dollars each year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 565. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

As California natural gas bills go up, here are some tips to save energy and moneyIf you've noticed your Southern California Gas bill double or even triple compared to what you were paying last year - you're not the only one. This is the Biden way! The government needs money and the gas companys as well Failed Democrat policies.
Source: FOXLA - 🏆 445. / 53 Read more »