However, the challenge for centralised power is that the companies that currently provide the electricity from large centralised power plants and the transmission infrastructure to get it to customers, are going to (through economics, legislation, and/or regulation) have to evolve to protect the value of these assets in the face of increasing opportunities and improving economics for distributed e. [...] As the most commonly used method for comparing the attractiveness of competing power generation technologies, an analysis of the levelised cost of electricity (LCOE) takes into account the total capital, maintenance, financing, and other costs of a system and divides it by the total power production over the financial life of the project. [...] Rooted in the anti-nuclear movement of the 1970s and accelerated by the oil crisis, the Chernobyl nuclear power plant melt down, and most recently the Fukushima nuclear disaster, Germany has experienced a rapid transformation in both the type of power generation and where the power is located. [...] The plan aims for the establishment of a separate organisation to promote wide-area electrical grid operation, and the separation of power generation and power transmission in 2018 to 2020. [...] This investment is being made under the assumption that over the life of the asset the cost is recoverable from ratepayers, and that the pool of ratepayers will remain large enough to recover these costs over the long term.
- Pages
- 81
- Published in
- Canada
