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:
“Every generation revolts against its fathers and makes friends with its grandfathers.”
—Lewis Mumford (1895–1990)
“Doubtless, we are as slow to conceive of Paradise as of Heaven, of a perfect natural as of a perfect spiritual world. We see how past ages have loitered and erred. “Is perhaps our generation free from irrationality and error? Have we perhaps reached now the summit of human wisdom, and need no more to look out for mental or physical improvement?” Undoubtedly, we are never so visionary as to be prepared for what the next hour may bring forth.”
—Henry David Thoreau (1817–1862)
“What an infernal set of fools those schoolmarms must be! Well, if in order to please men they wish to live on air, let them. The sooner the present generation of women dies out, the better. We have idiots enough in the world now without such women propagating any more.”
—Elizabeth Cady Stanton (1815–1902)