I came across paper on a power gen company which does missionary service in an island province. The province though is known for the presence of environmental activists who: who want to preserve the beauty and nature in the province, are against carbon emissions from fossil powered power gen. The island province is the source of natural gas for a power plant located in Batangas (1 gW capacity)
However the power gen company here, being run by an Ivy School graduate has for its strategy operating efficiency and marketing of its present capacity which is still underutilized (who wouldnt?). It is really hard to change mindsets and make industries innovative
However the external factors are not being addressed: the clean and green movement (why not shift to natural gas?) Or solar. Solar panels if taken from a China supplier can be as much as only 2.00/kwh vs 3 to 4 for hydro and reciprocating and turbine. And operating costs would be 0.
Look at how European utilities lost half trillion Euros for the last 5 years. Solar and wind power are free, nuclear and fossil fuels cost a lot of money.
Germany's Irsching SE EON Natural Gas plant closure closed its natural gas plant in Irsching Bavaria built a cost of $500 million 5 years ago. It is running at only 25% capacity. About 30% of the plants in Europe running on fossil fuels need to be shuttered because of decreasing demand, and increased competition from solar and wind power.
So why not go to renewables PHL power gens?
Low power demand and competition from wind and solar power means more closure for fossil fuel power plants
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