Current Affairs · Renewable Energy
Why does oil continue to function as a critical 'swing fuel' globally despite rapid capacity additions in renewable energy?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Due to the total absence of geopolitical risk premiums in green energy supply chains
- 2Because major heavy manufacturing sectors globally refuse to transition to electricity
- 3Due to the inherent intermittency of solar and wind power generation✓
- 4Because fossil fuels have become permanently cheaper than utility-scale solar energy
Correct answer
Due to the inherent intermittency of solar and wind power generation
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