Outcompeting fossil fuels in the energy transition
Energy markets are not exactly free markets, and the replacement of existing generation is not entirely tied to price. There are artificial regulatory constructs and financial structures built into energy markets which can favor certain parties (utilities) and fuels (legacy coal, gas, and nuclear).
Moss Landing Power Plant, a gas-powered generation facility near San Jose, California. A disused segment of the plant is now set to host one of the world’s largest battery installations.
Image: David Monniaux/Wikimedia
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