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:
“... there are some who, believing that all is for the best in the best of possible worlds, and that to-morrow is necessarily better than to-day, may think that if culture is a good thing we shall infallibly be found to have more of it that we had a generation since; and that if we can be shown not to have more of it, it can be shown not to be worth seeking.”
—Katharine Fullerton Gerould (1879–1944)
“The generation of mankind is like the generation of leaves. The wind scatters the leaves on the ground, but the living tree burgeons with leaves again in the spring.”
—Homer (c. 9th century B.C.)
“What makes this Generation of Vermin so very Prolifick, is the indefatigable Diligence with which they apply themselves to their Business. A Man does not undergo more watchings and fatigues in a Campaign, than in the Course of a vicious Amour. As it is said of some Men, that they make their Business their Pleasure, these Sons of Darkness may be said to make their Pleasure their Business. They might conquer their corrupt Inclinations with half the Pains they are at in gratifying them.”
—Joseph Addison (1672–1719)