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Comment: UK leaders need to embrace the cost of Britain’s green future

Envirotec Magazine

Vince Zabielski is a Partner with law firm Pillsbury Winthrop Shaw Pittman. What fate awaits the power sector under what will likely be a Labour government, and why is the question so important? What fate awaits the power sector under what will likely be a Labour government, and why is the question so important?

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Amid Depressed Power Demand, Duke Sticks to Plan to Double Renewables Base

GreenTechMedia

In April the picture darkened further: Duke's total electricity sales fell 5 percent, dragged down by a 12 percent slide in demand from industrial customers that was only partially offset by higher-than-usual residential sales. Utilities across the country are reporting dramatic drops in commercial and industrial energy demand.

Demand 130
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New Jersey’s PSEG Seeks to Sell Merchant Fossil, Solar Fleet

GreenTechMedia

New Jersey utility Public Service Enterprise Group (PSEG), facing state clean energy mandates and an economic imperative to shift its business to regulated assets, is seeking to exit its merchant fossil and solar generation business, while retaining its nuclear power plants and exploring a major expansion into offshore wind.

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Fresh U.K. Proposals Chase More Nuclear and Higher Carbon Prices

GreenTechMedia

government’s long-awaited energy white paper is out with confirmation of fresh negotiations with EDF over a new nuclear power station and a drive to push up the price of carbon. Those ideas now begin their journey into law, offering the energy sector some welcome certainty at the same time. The £12 billion ($16.1

Carbon 130
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European merit order energy trading: Obsolete?

Smart Energy International

The lowest marginal costs, or the extra costs by a power plant for the most recent megawatt hour generated, are used to determine the merit ranking. As a result, the merit order is unaffected by a power generation technology’s fixed costs. Up till the demand is covered, power plants with larger marginal costs are added.

Energy 52
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European merit order energy trading: Obsolete?

Smart Energy International

The lowest marginal costs, or the extra costs by a power plant for the most recent megawatt hour generated, are used to determine the merit ranking. As a result, the merit order is unaffected by a power generation technology’s fixed costs. Up till the demand is covered, power plants with larger marginal costs are added.

Energy 52
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Will Covid-19 Permanently Shrink The Fossil Fuel Industry?

R-Squared Energy

Even though demand growth for both of these commodities has been robust over the past decade, prices have plunged. Despite strong demand growth for its products, the prices of oil and natural gas have fallen by more than 50% in recent years. This slowdown had a negative impact on fossil fuel demand. A Place for Nuclear Power.