Renewables May Break the Century-Old Utility Rulebook ...Middle East

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Renewables May Break the Century-Old Utility Rulebook
source : OILPRICE ( Middle East ) () 65
Renewable sources of power generation, such as solar, wind, and batteries, are displacing fossil fired power generation. The reason? Price. They produce power more cheaply. This is also a little more complicated because this is also a technology transition away from fossil fuels, and its assimilation rate throughout the economy is accelerating. But when competing businesses, which produce the identical commodity,  such as electricity, begin to diverge radically in terms of their underlying cost structures, winners and losers emerge. One of…

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