Re:In the US, it's cheaper to build and operate wind farms t...
by Retric on Sunday August 18, 2019 @08:37AM
(#20729825)
I am currently seeing: 2.20 USD/MMBtu for Aug 16 2019 which is greater than zero. http://www.infomine.com/investment/metal-prices/natural-gas/...
The article translated whatever the price was when they wrote it into 20$/MWh. I assume it’s still reasonably accurate as it was published yesterday and the price has been fairly consistent recently.
Re:In the US, it's cheaper to build and operate wind farms t...
by heyflyguy on Sunday August 18, 2019 @09:08AM
(#20729932)
Good to use data. What I am referring to are the pre-wellhead prices which can't even be measured because the gas producers will not pay to put it on the pipeline. Ergo the negative pricing.
Re:In the US, it's cheaper to build and operate wind farms t...
by delinka on Sunday August 18, 2019 @09:18AM
(#20729964)
"negative pricing" sounds like they'll pay me to use it, if only I would just use it. I can see that's not your intent, but I suspect that's the first reading of many.
Re:In the US, it's cheaper to build and operate wind farms t...
by whatshisface on Sunday August 18, 2019 @11:01AM
(#20730531)
They literally would pay you to use it, if you would go to the trouble of taking it off their hands. There are legal restrictions on those gas flares now, so they can't just burn all of it like they used to.
Re:In the US, it's cheaper to build and operate wind farms t...
by gleglegle on Sunday August 18, 2019 @12:51PM
(#20731326)
Where is this true? https://www.eia.gov/energyexplained/index.php?page=natural_g...
Just because there stranded natural gas exists doesn't mean the market prices are below zero.
Natural gas has negative pricing right now due to being stranded in production!