Word: megawatt
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Dates: during 2000-2009
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...Board agreed to buy all the power produced by Dabhol, and the pricing formula was shrewd: in the event of oil price increases or devaluation of the Indian rupee, the Electricity Board pays more. Well, oil has gone up and the rupee has gone down since Dabhol's 740 megawatt plant went operational two years ago?and that's why consumers like Treasurer have such high electricity bills...
...poster child for the frustrations that power companies face is the proposed 600-megawatt Coyote Valley generator that Calpine Corp. wants to build in San Jose, in the heart of Silicon Valley. The facility would light 600,000 homes in a region that experienced blackouts last week, but the San Jose City Council vetoed the project in November, even though groups ranging from the Sierra Club to the N.A.A.C.P. supported it. But the plant faced opposition from Cisco Systems, the leading producer of high-speed fiber-optic networks, which happens to be San Jose's largest employer. Cisco argued that...
...that power generators in the Northeast, it has also cast a harsh light on independent power producers and middlemen who rule the wholesale market. To reduce any chance of foul play, the New York State public service commission is considering the implementation of a temporary, $150 per megawatt-hour wholesale price cap. Producers say the cap will discourage investment, but commission chairman Maureen Helmer dismisses that as an idle threat. "The market here will always be one of the most lucrative to build--I can't just see people walking away...
...decade and a half before the state deregulated, only one new large plant went up. There are now dozens of applications in the pipeline, but New York can't wait. So in spite of some vocal community opposition, the New York Power Authority is placing 10 44-megawatt natural-gas-powered generators around the city before the summer arrives...
...just power providers that are plugging in. More and more small businesses--especially on the West Coast--are purchasing their own micro-turbines, which cost anywhere from $30,000 to $50,000 and produce up to a megawatt of electricity, as insurance against outages...