Edison gets approval for solar plants
The California Public Utilities Commission approved the 20-year contract between Rosemead-based Edison and eSolar Inc., a Pasadena-based renewable energy start-up financed by Google.org, Idealab and Oak Investment Partners. The contract calls for Edison to purchase up to 245 megawatts of electricity from solar power plants built by eSolar in the northern Antelope Valley.
The power plants will use mirrors to focus sunlight on towers containing water. The water is heated and turned into steam, which powers turbines and generates electricity.
The first of these solar power plants is set to come online in early 2012.
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UK peak power prices rise to second highest level since 2018
LONDON - Low wind speeds pushed peak hour power prices to the second highest level for at least three years on Monday as Britain’s grid was forced to increase its reliance on gas-fired power plants and draw on coal generation.
Calm weather this year has exacerbated the energy price crisis in the UK, as gas-fired power stations have had to pick up the slack from wind farms. Energy demand has surged as countries open up from pandemic restrictions, which together with lower supplies from Russia to western Europe, has sent wholesale gas prices soaring.
Power prices in the UK for the peak…
