All options to produce, transmit, and store electricity should be considered, driven by clear price signals and constructive government policy.
Sentiment: NEGATIVE
We can, and must, shift to an economy in which 100% of our electricity is generated renewably.
Energy and environmental regulation, transportation, and broadband policy all benefit when legislators have a basic grounding in the technical concepts behind business models, products, and innovation.
Price creates incentive, and energy will be developed if there's demand for it at the price you can develop it.
To economists, prices serve as crucial signals to producers and consumers. In a regulated market, the state sets prices high enough for private companies to cover their costs and earn a guaranteed profit for their investors. But in a deregulated market, prices should vary with demand and supply.
Several of the energy companies want to do the right thing. It's a matter of leveling the playing field though for them and that's why corrective action here is necessary.
Only electricity can give the transport sector the flexibility to switch fuels when one or more become too expensive.
We'll make our voices heard loud and clear on the importance of cost-based power.
Some solutions are relatively simple and would provide economic benefits: implementing measures to conserve energy, putting a price on carbon through taxes and cap-and-trade and shifting from fossil fuels to clean and renewable energy sources.
Today's energy mix is the result of yesterday's consumer habits, considerable investment, and various political decisions. The potential of renewable energies, now a well-established fact, is undeniable if given the time to arrive at the technical and economic maturity that will free them from subsidization policies.
All of technology, really, is about maximizing free options.