IEA’s Philibert discusses scenarios for the future of the global energy
source: http://bit.ly/rMpxPp
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- Danbethrach
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Now we have to consider something else, which when you do a comparison on the basis of single technologies, you are doing something wrong because this does not take into account the volatility of prices, especially fuel prices. This is the level of risk you have when you build comparison systems. In fact, It is my belief that when we talk about renewables, we should do so from the perspective of the portfolio theory that is widely used in finance, where you have some assets that have high risk and high return and others that have lower risk and therefore lower returns. Renewables are very low risk.
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