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:
“The greater part of our best years has been passed for our generation in these two great worldconvulsions. All will be changed after this war, which spends in one month more than nations earned before in years ... there is no more security in our time than in those of the Reformation or the fall of Rome.”
—Stefan Zweig (18811942)
“It is a sort of ranger service. Arnold’s expedition is a daily experience with these settlers. They can prove that they were out at almost any time; and I think that all the first generation of them deserve a pension more than any that went to the Mexican war.”
—Henry David Thoreau (1817–1862)
“Grandchildren are the dots that connect the lines from generation to generation.”
—Lois Wyse (20th century)