EV Info

SEPTEMBER 23, 2021

When David Cameron’s energy bill was being discussed in Parliament in 2013, the word on everybody’s lips was ‘trilemma’: how to ensure that energy was affordable, reliable and low-carbon. Presumably because the only forms of energy that ministers and civil servants respect are wind and solar. Gas is the only answer.

Power 52

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Some continue to burn coal, for example, because there are no other economically feasible choices for them. “We Efficient coal-burning plants Shutting down coal power plants completely is unlikely to happen anytime soon, he predicted, especially since many countries are building new ones that have 40-year life spans.

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Auerbach adds that due to economies of scale and over capacity in the industry “ wind energy should have a 20% reduction in equipment costs within the next year ” and he has seen realistic projections of “ solar, with a 10% tax credit, being competitive with baseline generation in 2020 ”. Cap and Trade Disappointment.

Financing 150

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