Government Proposes New Energy Mix Policy

The Department of Energy wants to change the energy mix policy of the previous administration. Instead of a mixed policy based on technology (30% coal/30% RE/30% natural gas/10% oil-based), it now wants one based on requirement (70% baseload/20% mid-merit/10% peaking), regardless of technology. This means that providers of coal, gas, geothermal, etc, would compete against each other, thereby leading to the lowest possible…

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