Plates at our planet s surface move because of the intense heat in the Earth s core that causes molten rock in the mantle layer to move. It moves in a pattern called a convection cell that forms when warm material rises, cools, and eventually sink down. As the cooled material sinks down, it is warmed and rises again.
PG&E on Wednesday did not offer a specific figure for how much the switch to renewable power would boost electricity rates in 2015. But in the past, the utility has said that rates will rise 1 percent to 2 percent each year as a result.
But when the Bank of England raises its rates, the clearing banks' net interest margins are expected to rise much higher. Leigh Goodwin, a Citigroup analyst, says the expected rate increase could add Â£400m to RBS's annual profit.ut those figures will soar in future years as interest rates rise because banks will not pass on the increase to the savers who provide much of their capital. Credit Suisse is forecasting profits exceeding Â£8bn for Lloyds next year, with RBS making Â£5.75bn.