Waiting for cheaper renewables can cost more in the long run
In Summary : Waiting for the price to come down before switching to a new technology sounds like a frugal decision. But when it comes to ...
https://updatesinfosec.blogspot.com/2018/05/waiting-for-cheaper-renewables-can-cost.html
In Summary :
Waiting for the price to come down before switching to a new technology sounds like a frugal decision. But when it comes to a country’s electrical grid, what saves you money now could actually cost you much more in the long run. That’s the central conclusion of a new study led by Imperial College London’s Clara Heuberger. Almost every nation in the world (depending on how you categorize the United States’ erratic behavior) has pledged to reduce greenhouse gas emissions in pursuit of limiting global warming. A large component of that pledge is the conversion of electrical generation from fossil fuels to renewables. But there is a tension between the cheap and immediate availability of fossil fuels and the varied status of different renewable technologies [...]
kindly refer the following link as follow up :
https://arstechnica.com/?p=1312893
Waiting for the price to come down before switching to a new technology sounds like a frugal decision. But when it comes to a country’s electrical grid, what saves you money now could actually cost you much more in the long run. That’s the central conclusion of a new study led by Imperial College London’s Clara Heuberger. Almost every nation in the world (depending on how you categorize the United States’ erratic behavior) has pledged to reduce greenhouse gas emissions in pursuit of limiting global warming. A large component of that pledge is the conversion of electrical generation from fossil fuels to renewables. But there is a tension between the cheap and immediate availability of fossil fuels and the varied status of different renewable technologies [...]
kindly refer the following link as follow up :
https://arstechnica.com/?p=1312893
