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06.10.2015 22:39:00

Moody's: Growing supply of renewable energy dampening California merchant generator margins

New York, October 06, 2015 -- The expectation of additional solar, wind and hydro-based power entering the California Independent System Operator Corp.'s (CAISO A1 stable) grid is credit negative for the state's merchant generators and companies that market electricity at competitive rates, according to Moody's Investors Service. Forward prices reflect this market expectation and indicate that energy margins for natural gas-fired power plants are anticipated to decline, even as natural gas and power prices stabilize.

Vollständigen Artikel bei Moodys lesen