Fossil Fuels vs. Renewables: A Price on Reliability?
Union of Concerned Scientists
JUNE 12, 2023
Since companies and policymakers do not want to pay a lot to ensure reliability, they both subscribe to the theory that the law of supply and demand will provide an adequate supply at a low cost. In reality, cost cutting leads utilities to overrely on short-term gas suppliers, making an inadequate supply look like it will meet demand.
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