Unlike relatively inexpensive hydroelectricity, generating electricity with fossil fuels incurs fuel expense, which raises prices.
Winter is coming-when the existing natural gas shortage pushes prices even higher.
Electricity demand rose, coal usage increased, and coal prices went way up.
The government puts a ceiling on the price of electricity which causes generators to lose money on power sales in periods of rapidly escalating fuel prices like the present.
In many places, the price of natural gas determines the price of electricity.
We're also now witnessing rapid fuel price increases which are driving escalating electricity prices.
Installing individual, non-fuel power generation and storage systems provide the energy user with long-term price stability.
Thursday, October 7, 2021
The Electricity Crisis Was Not Caused By A 'Perfect Storm'
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