4 ms·
> We still couldn't compete with conventional electricity plants, even with a $30/tonne price on carbon in Canada. Was this Canada specific? A country with bot
by Fordec 5y ago
> We still couldn't compete with conventional electricity plants, even with a $30/tonne price on carbon in Canada.
Was this Canada specific? A country with both very abundant native oil & gas and abundant hydro energy with nuclear power plants in place to boot.
Not every country in the world has such abundant energy sources on tap.
- rfrey 5y agoWe tried to build in Europe and America as well; the economics are just hard. In the US there was very little market for carbon, which is why I said "even in Canada" since there is a regulated price for carbon here. The plants were mostly in Alberta, where NG is cheap but there is no hydro.