3 ms·
Power may be fungible, but purchase agreements are less so. Someone has to contract with that coal plant. If nobody is buying from them they have to close. And
by the8472 6y ago
Power may be fungible, but purchase agreements are less so. Someone has to contract with that coal plant. If nobody is buying from them they have to close. And if there's a lot of companies that want to give themselves a grain paint then there'll also be more demand for renewables than supply and more will have to be built.
That is of course entirely dependent on the accounting being done correctly.