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One key advantage of electricity as an alternative fuel is that it is much, much cheaper per mile than gasoline at current prices.
The net metering enables the photovoltaic cell to take advantage of electricity from the national grid during times of shortages, but due to its overproduction, stay grid neutral.
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The plants were built in the wake of the California electricity crisis as a means to take advantage of soaring electricity prices and increased demand.
PARIS, Aug. 9 - The French utility Suez offered 11.2 billion euros, or $13.8 billion, in cash and stock Tuesday to buy Belgium's largest power company, Electrabel, as companies across Europe jockey to take advantage of rising electricity prices and falling trade barriers.
Being non-polluting and free of emissions, hydroelectric companies will be able to take advantage of higher electricity prices, thanks to Obama's new tax structure.
The on-board timer also can be pre-set to start charging the Nissan LEAF at night, taking advantage of lower electricity charges.
Thermochemical methods have a significantly higher thermal efficiency, but electrolysis can take advantage of low electricity prices during off-peak hours, as well as intermittent and de-centralized supplies like wind, solar or tidal power.
In Japan, the operating cost is only 1/3 that of the 660cc gasoline engine-powered version of the car, and the operating cost can drop even more significantly than that of its internal-combustion sibling by taking advantage of reduced electricity rates by recharging during nighttime or off-peak hours*.
Similarly, the profits of energy producers enjoying the advantages of tight electricity markets, whether or not they are gaming the system, come directly out of the pockets of California energy users and taxpayers.
In Example 1, a non-failing generating unit is considered to show the advantages of selling electricity through a put option in order to reduce the price risk.
As it is, power-hungry industries are flocking to Iceland to take advantage of the cheap electricity generated by geothermal plants.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com