Renewable-Power Boom Leaves Nations Without Backup, Report Shows
This article is for subscribers only.
Nations adding wind and solar power aren’t doing enough to ensure their electricity systems can meet demand when renewable-energy output falls short, according to a Bloomberg Industries analysis.
Countries must do more to establish so-called capacity markets, which reward utilities to run coal- and gas-fired plants as a backup when alternative energy is insufficient, Chris Rogers, an analyst in London, said in a report.