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The article portrayed coal liquefaction as less expensive, generating more oil, and creating fewer environmental impacts than extraction from oil shale.
For example, James D. Castle, manager of operations at the New York Independent System Operator, or ISO, said the system was usually operated by running the cleanest and least expensive generating stations.
The goal is to spread demand over all hours of the day and to make better use of expensive generating equipment that, in the current use pattern, often sits idle.
Decisions about new generating stations are being made by entrepreneurs rather than public utilities, he said, and entrepreneurs are unlikely to do what the utilities used to: commit to expensive generating stations that could take a decade to build.
For example, a primary advantage of a smart distributed energy system manages energy to reduce the peaks in demand across the day and across the year, decreasing the need to build additional expensive generating assets.
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The article stated that coal liquefaction was less expensive, generated more oil, and created fewer environmental impacts than oil shale extraction.
That's not as detailed (or expensive) as generating a complete, letter-by-letter genome map.
That in turn means less need for expensive backup generating capacity from power plants that use natural gas or coal.
Pharma companies haven't exactly been the sweetheart of the development community, with high profits from expensive medicines generating serious questions around their social licence to operate.
Just as in the early days of renewables, when high manufacturing costs made it difficult for companies to fund solar and wind farms, many of the latest energy storage advances, including highly efficient flywheels whose stored energy can be released to produce electricity, remain up to 10 times more expensive than generating electricity from fossil fuels.
Services using more expensive equipment generate higher fees.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com