Praveen Umredkar, Managing Director Synergy Consulting, Inc., share their insights on Balancing Power Demand: A Synergistic Approach with Renewable and Gas Power Project
Developing economies face the challenge of increasing energy demand while also reducing their carbon emissions. It appears that the solution for now lies in the integration of renewable energy sources with gas power projects along with the retirement of carbon-intensive generation plants. This combination addresses the intermittent nature of renewables and provides a flexible and reliable energy solution. Gas power plants offer flexibility, quickly adjusting energy production to meet demand and emitting fewer greenhouse gases than coal or oil. Integrating renewables and gas power also enhances grid stability and offers economic advantages over fossil fuel plants and reduces the market volatility on them. A sustainable and efficient power balance is possible through this synergistic approach.
𝐓𝐨 𝐫𝐞𝐚𝐝 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐚𝐫𝐭𝐢𝐜𝐥𝐞 𝐨𝐧 𝐀𝐟𝐫𝐢𝐜𝐚𝐧 𝐑𝐞𝐯𝐢𝐞𝐰, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 𝐛𝐞𝐥𝐨𝐰:
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