Generation
All forms of electricity generation have positive and negative aspects. Technology will probably eventually declare the most preferred forms, but in a market economy, the options with less overall costs generally will be chosen above other sources. It is not clear yet which form can best meet the necessary energy demands or which process can best solve the demand for electricity. There are indications that renewable energy and distributed generation are becoming more viable in economic terms. A diverse mix of generation sources reduces the risks of electricity price spikes.
Read more about this topic: Electric Power Industry
Famous quotes containing the word generation:
“I do not mean to imply that the good old days were perfect. But the institutions and structure—the web—of society needed reform, not demolition. To have cut the institutional and community strands without replacing them with new ones proved to be a form of abuse to one generation and to the next. For so many Americans, the tragedy was not in dreaming that life could be better; the tragedy was that the dreaming ended.”
—Richard Louv (20th century)
“Every generation revolts against its fathers and makes friends with its grandfathers.”
—Lewis Mumford (1895–1990)
“One of the things that is most striking about the young generation is that they never talk about their own futures, there are no futures for this generation, not any of them and so naturally they never think of them. It is very striking, they do not live in the present they just live, as well as they can, and they do not plan. It is extraordinary that whole populations have no projects for a future, none at all.”
—Gertrude Stein (1874–1946)