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Five Stories: Texas Electricity Price Goes Negative

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Here are five recommended reads for today (09/21/15).

  1. Business Insider reports the seemingly impossible: “The so-called spot price of electricity in Texas fell toward zero, hit zero, and then went negative for several hours. As the Lone Star State slumbered, power producers were paying the state’s electricity system to take electricity off their hands.”
  2. Bloomberg details the efforts to price carbon: “Carbon-pricing mechanisms such as markets and taxes are set for “widespread and rapid” use in the years after the Paris climate talks as more nations are seen adopting them as incentives for cleaner energy, according to the World Bank.”
  3. CleanTechnica reveals the importance of water in energy decisions: “Water stress will likely become a more important factor in future energy decisions.By the time the Clean Power Plan is fully implemented in 2030, over half of the contiguous U.S. is likely to be arid or suffer from high or extremely high water stress.”
  4. DeSmogBlog clears the air around the controversies surrounding Coal India: “The banks that ended up marketing Coal India shares to investors for the sale earlier this year were Goldman Sachs, Bank of America, Credit Suisse, and Deutsche Bank, which insisted on a set of environmental and social safeguards as a condition of the deal. Coal India agreed, but does not appear to have followed through on those commitments.”
  5. CleanTechnica details on the investment in clean energy in South Africa: “The Overseas Private Investment Corporation (OPIC) announced last week that it would provide $400 million in debt to a 100 MW concentrated solar power (CSP) project being developed jointly by SolarReserve and ACWA Power.”

The post Five Stories: Texas Electricity Price Goes Negative appeared first on ScalingGreen.


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