Solar power shines bright in California, and wholesale energy prices prove it. Last winter and early spring’s dependence on solar drove wholesale energy prices to negative prices, according to the U.S. Energy Information Administration.
Solar power in the California Independent System Operator accounted for nearly 40% of net grid power for three hours on March 11, 2017, the administration reports —a major first.
These figures don’t translate for the consumer into retail prices, which are based on averages. But the move will likely cause energy companies to pay more attention to green energy options.
Wholesale energy prices dip below zero because of California’s solar power
The small town of Carrboro, North Carolina is suing one of the country's largest electric utilities,...
Exxon Mobil Chair and CEO Darren Woods urged the incoming Trump administration to avoid making turbulent...
Donald Trump said on Saturday that Chris Wright, an oil and gas industry executive and a...
Israel is preparing to put boots on the ground with an invasion of Lebanon, its army...
