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Results indicate the project profitability under several conditions: non-government regulation for heating price, feed-in tariffs and guaranteed sale of electricity together with added value from automatic control system (ACS island operation.
As for the prices of the other energy forms, the price for heat is set as 63.5 €/MWh [31] which reflects the district heating price (without tax and other fees) for Copenhagen in 2015.
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It will steadily drive up gasoline prices, home heating prices and factory electricity prices.
Home heating prices in the Northeast, the region that relies primarily on oil to heat homes, have doubled over the past year.
"High home heating prices particularly hurt senior citizens who are on a fixed income and are forced to make tough choices when the prices spike".
Jan Drummond, a Sears spokeswoman, said there were a "litany of things" that could have affected sales, including ice storms and high home heating prices.
In the short term, though, the drop in gasoline and home heating prices in recent weeks is likely to be more important, analysts said.
"But with the flu that we have had circulating, plus the credit crunch and heating prices so high, it is a pretty lethal combination for frail, elderly people.
If the reserve were tapped starting now, the oil would not arrive in the Northeast until the crocuses start to bloom, heating needs fall and home heating prices drop on their own.
Ms. Kozloff and Mr. Zandi said they expected consumer spending to continue to slacken because of rising interest rates, higher home heating prices, an uncertain stock market and an increase in online shopping.
WHEN the idea of tapping the nation's Strategic Petroleum Reserve was floated last winter, in the face of high home heating prices in the Northeast, no one was more skeptical than Vice President Al Gore.
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