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'Cost-optimal' solutions don't always provide best mix for power generation, study finds

January 27, 2021 | TechXplore AI
'Cost-optimal' solutions don't always provide best mix for power generation, study finds
Credit: Pixabay, CC0 As industries, utilities and regulators consider the best ways to accommodate our increasing need for power generation, cost concerns weigh heavily on their decision-making. New research, however, shows that choosing the least expensive option isn't always the best solution, and even a little wiggle room on cost can provide a much more socially, environmentally and politically coherent outcome. A recently published paper in the journal