Quote:
Originally Posted by Azure
Isn't feasible in Canada, or not feasible at all?
https://about.bnef.com/blog/late-sur...overtake-2018/
If you go do a bit of research on investment in fossil fuel power production plant, you'll quickly notice that in North America alone we are not far away from seeing a massive reduction in coal, a serious reduction in natural gas, and more massive growth in the renewable sector.
Clearly the market, and the people engineering these plants and the grids behind them disagree with what you are saying here. |
Yes we are spending a ton on renewables, but the amount we are investing isnt even keeping up with demand. Without obscene amounts of money going into renewables, they will not keep up.
"Despite recent progress, the expected output from low-carbon power investments is not keeping pace with demand growth."
"Across all regions, a boost in generation spending would be needed to support energy transitions, particularly in low-carbon sources"
Coal going away is a really good thing, its inefficient and slow to start up generation. To simplify the problem to coal go down renewables go up doesn't take into account demand or forecasted demand growth. With renewables, especially in Alberta, running at quite honestly pathetic efficiencies, they are nothing more than feel good platitudes.
https://www.iea.org/reports/world-en...9/power-sector