What China, Germany, and Texas tell us about Capacity Adequacy

As intermittent renewables penetrate further into the grid mix, reliable firm power generation is needed for whenever there is a shortfall. But back-up power, by its nature, has unreliable utilisation rates. And up-front costs for new plants are high, be they gas-fired plants, coal, nuclear, or large-scale storage

 
Author: European Council for an Energy Efficient Economy (Source: http://www.eceee.org/all-news/news/news-2024/what-china-germany-and-texas-tell-us-about-capacity-adequacy/)