Reliance on wind and solar does expose nations to energy price spikes

by Admin
Reliance on wind and solar does expose nations to energy price spikes

Solar and wind generate a large proportion of Spain’s electricity

Alvaro Barrientos/AP Photo/Alamy

Nations with large amounts of wind and solar on their power grid are particularly vulnerable to surging energy bills due to spikes in the price of gas. The relationship between decarbonisation and price volatility has been a contentious issue as governments consider clean energy strategies, but an analysis of power prices in Europe has now provided evidence to inform the debate.

Vast quantities of wind and solar capacity have been deployed in recent years across the continent. But these power sources are intermittent, generating electricity only when…

Source Link

You may also like

Leave a Comment

This website uses cookies. By continuing to use this site, you accept our use of cookies.