The difference in the cost of purchasing electric power and fuel is analyzed to determine what is called the "spark spread
The high spark spread
could further motivate people switch from electricity to natural gas.
In the final session of this year's EMART Energy, on 24 November, the expert panel will examine factors driving energy commodities, both in Europe and globally, and discuss cross-commodity topics such as the development of dark and spark spreads
in Europe and the impact of carbon.
These difficulties include supply and demand issues and weak spark spreads
- the difference between the price of electricity and the cost of fuel used to produce it.
This credit deterioration largely reflects a continuation of weak UK power prices and spark spreads
Conectiv Energy had another strong quarter as our generating assets capitalized on higher spark spreads
and capacity prices.
Its power generation segment is expected to be around break even in the second half, with the result impacted by lower realised spark spreads
and higher levels of plant outages.
If these engineers are involved with the electric utility industry, they will mention the "spark spreads
" between natural gas and electricity and the short-term management of peak-load plants and microturbines.
This was borne out during the first quarter with weak spark spreads
contributing to a poor financial performance in the two states.
Do you want to learn more about spark spreads
Chairman Neville Sims said: '2003 has been challenging, particularly in North America and the UK, where wholesale power prices and spark spreads
Low spark spreads
- the difference between the price of electricity and the cost of fuel used to produce it - were also a major factor in Texas and New England, where losses of pounds 7 million were seen.
This stemmed from low trading liquidity and weak spark spreads
- the difference between the price of electricity and the cost of the fuel used to produce it.