Periodically, it’s worth revisiting the cost of generating electricity when using different methods.
Until recently, the objective was to produce electricity at the lowest possible cost.
This was seen as being best for consumers, who need to use electricity for lighting, refrigeration, air-conditioning and other modern day necessities, where the cost of electricity can jolt consumer pocket books.
It was also seen as being best for industry, where the cost of electricity is an important cost to manufacturers, especially when competing internationally to support jobs in the United States.
Now, as concern over climate change has gripped the energy industry, the resulting higher costs are having an effect.
For example, the cost of cloud computing, based on server farms using large amounts of electricity, can affect companies such as Amazon, and indirectly their customers.
Today, largely because of the drive to cut CO2 emissions, renewables are seen as being more…
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