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But while the science is clear, the logistics are not. These countries need more financing and alternative energy solutions, while at the same time, many have young coal fleets and new plants still under development. These plants are expected to operate for decades and risk becoming “strandedassets” if they retire early.
Canadian utilities are seeing longer delivery times, higher costs, and tougher procurement logistics as they scramble to line up new gas turbines to help meet rising electricity demand, The Energy Mix has learned. This is an industry that really hasnt seen any active development or construction in years, and all of that puts pressure on cost.
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