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In Germany, a gas- or coal-fired power plant that might…

“In Germany, a gas- or coal-fired power plant that might cost $1 billion to build, but that will no longer run at full capacity because of the onslaught of renewable energies into the grid, can only pay for itself on days when there is no wind or heavy cloud cover.” quote by Jeremy Rifkin
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““In Germany, a gas- or coal-fired power plant that might cost $1 billion to build, but that will no longer run at full capacity because of the onslaught of renewable energies into the grid, can only pay for itself on days when there is no wind or heavy cloud cover.””

Jeremy Rifkin

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Renewable energy’s intermittency makes costly fossil plants financially unviable except on calm days, highlighting the need for storage solutions.

In simple terms: Renewables cause fossil plants to lose money.

Key Takeaway

Invest in energy storage.

Themes

energy economics renewables

Mood

analytical concerned

Type

article policy

When to use this quote

  • energy policy
  • grid management
  • investment decisions
  • infrastructure planning

Key Concepts

grid stability investment policy technology

Questions to Reflect On

  • What storage technologies can bridge the gap?
  • How can policy accelerate renewable integration?
A Different Perspective

Transition may be slower than projected.

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