Gold with the wind
Gold with the wind / Claude Crampes, Toulouse School of Economics, EU Energy Policy blog, 28 mars 2012
http://www.energypolicyblog.com/2012/03/28/gold-with-the-wind/
The megawatts invested in capacity to produce electricity from renewable energy and the megawatts/hours produced from this capacity are growing faster than expected within the European Union. That is definitely good news for climate change mitigation. However, what about the cost of such policy? Evaluating the cost of renewable sources within the energy mix is not an easy task. A key ingredient that needs to be considered is the intermittency of renewable energy sources. It affects the financial balancing of the electricity industry where fossil fuel plants are to be built and operated to replace intermittent sources at dates they are not producing…