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:
“By this unprincipled facility of changing the state as often, and as much, and in as many ways as there are floating fancies or fashions, the whole chain and continuity of the commonwealth would be broken. No one generation could link with the other. Men would become little better than the flies of a summer.”
—Edmund Burke (1729–1797)
“Grandchildren are the dots that connect the lines from generation to generation.”
—Lois Wyse (20th century)
“Where do whites fit in the New Africa? Nowhere, I’m inclined to say ... and I do believe that it is true that even the gentlest and most westernised Africans would like the emotional idea of the continent entirely without the complication of the presence of the white man for a generation or two. But nowhere, as an answer for us whites, is in the same category as remarks like What’s the use of living? in the face of the threat of atomic radiation. We are living; we are in Africa.”
—Nadine Gordimer (b. 1923)