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Since most major wind electricity project needs a complementary natural gas power plant to secure profitable long-term supply contracts, the smart move for the
by Kretinsky 5y ago
Since most major wind electricity project needs a complementary natural gas power plant to secure profitable long-term supply contracts, the smart move for the natural gas industry is to lobby hard for renewable.
This may explain why, for instance, in Europe, a Czech fossil-energy magnate buys[1] important shares of western european media (such as the liberal-left leaning Le Monde in France, for instance) while investing[2] in coal and gas.
[1] https://www.lesechos.fr/tech-medias/medias/daniel-kretinsky-investir-dans-la-presse-est-pour-moi-un-engagement-citoyen-144790 https://www.lesechos.fr/tech-medias/medias/daniel-kretinsky-...
[2] https://www.bfmtv.com/economie/entreprises/energie/pourquoi-daniel-kretinsky-investit-dans-le-charbon-en-france_AN-201812250066.html https://www.bfmtv.com/economie/entreprises/energie/pourquoi-...