PACE

Scratching the Surface

A 2013 retrospective on ‘Saving Gigabucks with Negawatts’ (1985)

The basic conclusion of “Saving Gigabucks with Negawatts”—that big thermal plants are obsolete—has proven true, as has its call for flexibility and strategic risk management. But the big issues now are no longer about marginal costs; they’re about the very nature of the electricity enterprise.