-
Bentek explained in a report this week that the abundance of hydropower, especially in the Columbia River Basin, will lead to historically rare negative power prices (where the generating companies actually pay consumers to take the power) as well as a marked reduction in demand for natural gas.
FORBES: Record Snowfall To Bring Lower Natural Gas Prices
-
Big mistake No. 1: Under the 1996 deregulation measure, investor-owned utilities such as Southern California Edison and Pacific Gas and Electric were required to sell most of their power generating plants to other private companies, and to become buyers of wholesale electric power.
CNN: The California power quagmire
-
On top of that, power-generation companies have benefited greatly as the price of generating solar power has fallen.
BBC: Who pays for the greening of Germany?
-
Because power companies are losing money generating each kilowatt of electricity, they have acted to minimize losses.
FORBES: Who Turned Out the Lights in China?
-
Other power companies are pursuing ambitious plans to ratchet up decentralized generating sources.
FORBES: Magazine Article