But why would increasing reliance on power generated and sold to the utility at a capped price increase electricity prices?

After all, a major factor in the discrimination in favor of natural gas generating capacity is that the generating capacity in question can be profitable at lower capacity utilization rates. Its accommodation to a smaller share of power being generated by fossil fuels.

For electric rail, both freight and passenger, a substantial part of the operating cost benefit of electric power is greater efficiency ~ even at similar cost per unit of energy, they would be less expensive to operate than liquid fueled cars and trucks.

And its hard to see how electric cars would be biased to using power during periods when a substantial share of natural gas fired power is required as balancing load.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.