In the brave new world of power generation, the old paradigm and approach of dispatching baseload, mid-merit and peaking generation capacity, in that order to meet electricity demand, is being turned on its head.
With the massive reduction in the price of renewable energy from wind and solar photo-voltaic (PV) plant over the last five years to levels now less than half that of energy from new coal and nuclear baseload plant, a new approach to power generation beyond “baseloadism” is emerging.
With the massive reduction in the price of renewable energy from wind and solar photo-voltaic (PV) plant over the last five years to levels now less than half that of energy from new coal and nuclear baseload plant, a new approach to power generation beyond “baseloadism” is emerging.
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