Changing to renewable should be quite easy shouldnt it. However, many countries are throwing the problem into the private sector and they want lots of profits. If we wind the clock back 40 years when governments operated and built the generators, the pricing was only on maintenance and upkeep. When I worked in the power stations our tariffs were a measure of true operational costs. Now, we have privatisation. Shareholders. Corporate greed. 40 years ago if we had outages, the consumer didnt have to pay exhorbitant spot prices for the electricity left on the grid. Your spot on. The weather conditions are showing we have to do better, but thinking it will get done by the private sector and be affordable...I think thats our problem.I hope the world finds a better model to pay for renewable energy. MORE babble, sorry.
LYC Price at posting:
$6.61 Sentiment: Hold Disclosure: Held
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