“‘When wind and solar have reached a saturation point, the next best thing is a gas plant… gas plants are affected by cost of gas and carbon, which leads prices up.’”

Arnue Tan, BNEF European Power Team · Switched On · Europe's Power Markets Face a New Balancing Act

Play from 14:42
14:42

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What was described

Stated that after wind and solar reach a saturation point, the system will need gas plants, which will drive long-term price increases

Said nearby on the same subject

“‘Because the most expensive generating facility sets the power price, that’s usually a gas plant, so it keeps prices on the high side.’”
AT
Arnue Tan BNEF European Power Team
Switched On ·
Why it worked Share this moment
“In Wool's case, it's a matter of getting it out of an auction system, establishing the price point, building these long-term relationships…”
♫
Said on The SME Stream
How they work Share this moment
“‘When wind speeds are really low, you have no renewable generation, lots of demand and the system becomes really tight… we need more gas.’”
AT
Arnue Tan BNEF European Power Team
Switched On ·
Why it worked Share this moment
“Suspend the federal gas tax and the federal diesel tax, which would immediately drop the price of gas by 18 cents a gallon for Texans… save those who use diesel about $200 a year.”
♫
Said on The Daily
Why it worked 18 cents per gallon price drop; $200 per year savings for diesel users Share this moment

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