3 ms·
Nigeria may not have the funds to bank roll renewables even if they are cheaper in the long run. Cash flow often matters a lot more than people realise.
by xupybd 6y ago
Nigeria may not have the funds to bank roll renewables even if they are cheaper in the long run. Cash flow often matters a lot more than people realise.
- imtringued 6y agoCoal is worse in that regard because of potential for delays and the binary nature of operating a coal power plant. You either have built the whole thing and it's making some money or you haven't and it's a money pit.
- seg_lol 6y agoSolar also doesn't have to be centralized like a Coal plant. Not only can solar start delivering power on day 1, it can be incrementally added closer to the point of use, also saving on distribution costs. If someone said a coal plant is being built in Nigeria, my first thought that this is being forced on them by creditors that probably already own a bunch of coal.