Not exact matches
This would still
require a major investment in new
electricity generation from renewable resources, particularly wind power because it is a well - established and relatively
cheap technology.
Power generators are turning away from coal for a host of reasons: In some instances natural gas is
cheaper; many states are
requiring utilities to generate a certain portion of
electricity from renewable resources; individual cities (and even an entire Canadian province) have decided to stop purchasing
electricity created by burning coal; and new Environmental Protection Agency regulations are making it more expensive and less economical to use coal plants.
Although the
electricity from wind farms is
cheap and clean, setting - up costs can be considerable and this will generally
require some form of government subsidy.
But he wholly fails to explain what the implications of the variability problem is (the need for overbuild of generation capacity and expensive / unfeasible large - scale energy storage), nor whether, if an effort is made to deal practically with these problems in real national
electricity grids, the «increasingly
cheaper» renewables will ever become
cheap enough (when all relevant real - world factors are considered) and reliable enough (without natural gas «backup»), to actually substitute for and displace fossil fuels (or nuclear) at the scale
required.
Being able to deliver
cheaper electricity some of the time and with favorable rules
requiring the grid to accept that
electricity just shifts the cost burden to established utilities that can't maintain margins because they are forced to idle when the wind is blowing or the sun is shinning.
Under home hydrogen it was suggested that water could be broken up into water hydrogen and oxygen in a home - scale plant when power was
cheap and plentiful and these could then be recombined in a fuel - cell with regeneration of
electricity as
required.
The results show that all or mostly nuclear is the
cheapest way to decarbonise
electricity, but the cost is huge — more than $ 100 / t CO2 would be
required to emissions intensity down to the same as France.