Power system modelling by the global technology group Wärtsilä has revealed that renewable-based power systems, backed by grid balancing engines and energy storage, can enable Southeast Asian countries to reach net zero by mid-century whilst cutting the levelised cost of electricity (LCOE) by over 20%, when taking into account likely future carbon taxes, reports an article published on their website.
About the studyThe modelling, published in Rethinking Energy in Southeast Asia report, simulates...
https://mfame.guru/asian-countries-can-smoothly-transition-to-net-zero-by-mid-century/