Tuesday, September 11, 2007

Reference: Energy: in need of alternatives, Bangkok Post, September 12, 2007

Energy policy does not aspire to a single best source of energy but to build a viable and diversified portfolio of energy sources because that at once protects the country from changing technology, price, and availability and also affords it a call option to expand any one of the technologies in which it has already invested. Those who argue for or against a single energy source, be it nuclear, solar, hydro-power, coal, natural gas, oil, or conservation, do not take the portfolio effect into account and end up presenting a false lemma. The answer may not lie solely in nuclear or coal nor solely in conservation, but quite possibly in all of the above.

Cha-am Jamal
Thailand

No comments: