Posted on 08/02/2012 5:09:05 AM PDT by raptor22
I don’t dispute any of this, but I’m not totally familiar with how these energy futures exchanges work. With an 800% increase over several years, it sounds like the buyers are building a lot more than just coal plant closings into their bids.
If the output of one plant declines to a very low point due to these price considerations for fuel, the utility may simply decide to close the plant rather than use it to supply so little power.
“In northern Ohio served by FirstEnergy, the price will be $357 per MW.”
No worries,man! Obama supporters flood that area of our state. He’ll surely take care of them!
Does it feel as though we’re living in the Obama Fascist regime? Do you have your number for Obama’s Death Panel review yet? Anyone wonder if Big Bro and Big Sis have boxcars waiting outside their Death Panel site?
Don't worry, Obamanation will just blame the greedy electric companies.
Absolutely, coal is king.
Some of us remember well what happened in the late 90’s/early 2000’s when nat gas prices started their rocket ride upwards killing $100’s of millions in gas turbine projects across the county. I don’t expect the same magnitude of change over the next few years but prices will be going up.
Here’s the real time contour map of PJM’s electricity prices. As the colors change to red the prices are higher. You can look at the legend to see the color/price relationaship. Also you can select the hubs etc. then mouse over them to see wha the price is at that specific point.
https://edata.pjm.com/eContour/#app=ecca&e929-selectedIndex=2
Here’s the same real time map for for MISO, it’s probably easier to understand;
https://www.midwestiso.org/MarketsOperations/RealTimeMarketData/Pages/LMPContourMap.aspx
Here’s the real time contour map of PJM’s electricity prices. As the colors change to red the prices are higher. You can look at the legend to see the color/price relationaship. Also you can select the hubs etc. then mouse over them to see wha the price is at that specific point.
https://edata.pjm.com/eContour/#app=ecca&e929-selectedIndex=2
Here’s the same real time map for for MISO, it’s probably easier to understand;
https://www.midwestiso.org/MarketsOperations/RealTimeMarketData/Pages/LMPContourMap.aspx
Someone should interview these folks on why they lost their jobs... Great commercial for Mitty
Someone should interview these folks on why they lost their jobs... Great commercial for Mitty
Sir,
The 2010 “cost per million btu of coal was $1.70.
The 2010 “cost per million btu og ga was $4.32.
I don’t have immediate access to 2011 numbers or 2012.
It isn't the money, it's the control.
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