Quote:
Originally Posted by PeteMoss
Sure they will. Renewables are growing much faster than coal/gas in India. 10 years ago that would be zero. And India is the definition of an developing economy. The renewables are being built out because they are cheaper or soon will be cheaper.
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And that's pretty much what I said.... if the renewables are cheaper and practical, they will be adopted at scale...if not, they won't. India seems to be going with an "all of the above" solution as they develop...renewables, coal, nuclear, LNG, etc...it's all on table. Which I think is the right way to go, as each energy source has its own benefits and drawbacks depending on the circumstance.