Energy Wholesalers in a Pickle With Oversupply of Electricity

By: | September 12th, 2016

Wholesale Energy

Wholesale Energy (Image Courtesy … Praia da Pedra do Sal – Parnaíba – PI | by deltafrut, www.flickr.com https://c2.staticflickr.com/4/3604/3422819524_ea04c11191_b.jpg)

With all of the forms of energy coming on line, life for energy wholesalers must be good despite the fact that renewable energy is cutting the wholesale cost of energy. According to a recent article in the Economist, “How to Lose Half a Trillion Euros,” Germany’s wholesale price for electricity recently fell to €-100 per megawatt, meaning generating companies had to pay grid managers to take electricity during a one-hour period. On this particular day, demand was low, and wind generators produced nearly 30 GW of power, more than half the total energy demand.

Part and parcel of this type of development, according to the US Energy Information Administration (EIA) and Fool.com, is that electricity price growth has flattened or been in decline. For more than a century, US energy prices have risen nearly every year without fail.  But as more and more energy sources come online, price growth has stalled and is unlikely to regain its footing until consumer demand, through electric automobile charging, for example, goes mainstream.

One interesting development that shows renewables are here to stay is the offering of insurance for the alternative energy industry by companies such as solarinsure.

According to “Gas and Electric Quote” on Youtube, Energy prices are the lowest they’ve been in the past 11 years, and many buyers of energy are currently unaware of attractive opportunities to lock in long-term, cheap prices.

The following is a compendium of key concepts and terms related to energy wholesalers that have been covered on IndustryTap or will be in the future:

  • RENEWABLE ENERGY
  • ENERGY MARKETS
  • WHOLESALE ENERGY
  • SOLAR ENERGY
  • ENERGY SYSTEMS
  • ENERGY PRODUCTS
  • ENERGY WHOLESALERS
  • ENERGY SOURCES
  • ENERGY SERVICES
  • ENERGY INDUSTRY
  • ENERGY EFFICIENCY
  • ENERGY COSTS
  • ENERGY SECTOR
  • ENERGY PROVIDERS
  • ENERGY COMPANIES
  • ENERGY BILLS
  • WIND ENERGY
  • SOLAR PANELS
  • ENERGY REQUIREMENTS
  • ENERGY NEEDS
  • ENERGY STAR
  • Wholesale Electricity Prices by State,
  • Wholesale Power Prices,
  • Wholesale Energy Markets,
  • 5 Hour Energy Wholesale,
  • Wholesale Energy Trading,

David Russell Schilling

David enjoys research and writing about cutting edge technologies that hold the promise of improving conditions for all life on planet earth.

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