Renewables menace traditional power model | briony bennett

APRIL 11, 2015 BRIONY J BENNETT

Lots of things are shaking up the traditional power model. A decade ago gas and coal power plants were very profitable. Retail companies, which distribute to industrial and household consumers, bought wholesale electricity at a price that always covered operating costs and increased during peak demand. Even fairly inefficient power plants could expect to have enough profitable operating hours per year to make it worthwhile sustaining operations.

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