Generation
All forms of electricity generation have positive and negative aspects. Technology will probably eventually declare the most preferred forms, but in a market economy, the options with less overall costs generally will be chosen above other sources. It is not clear yet which form can best meet the necessary energy demands or which process can best solve the demand for electricity. There are indications that renewable energy and distributed generation are becoming more viable in economic terms. A diverse mix of generation sources reduces the risks of electricity price spikes.
Read more about this topic: Electric Power Industry
Famous quotes containing the word generation:
“The women of my mother’s generation had, in the main, only one decision to make about their lives: who they would marry. From that, so much else followed: where they would live, in what sort of conditions, whether they would be happy or sad or, so often, a bit of both. There were roles and there were rules.”
—Anna Quindlen (20th century)
“Women born at the turn of the century have been conditioned not to speak openly of their wedding nights. Of other nights in bed with other men they speak not at all. Today a woman having bedded with a great general feels free to tell us that in bed the general could not present arms. Women of my generation would have spared the great general the revelation of this failure.”
—Jessamyn West (1907–1984)
“My generation had Doris Day as a role model, then Gloria Steinem—then Princess Diana. We are the most confused generation.”
—Erica Jong (b. 1942)