Comparing Energy Costs of Nuclear, Coal, Gas, Wind and Solar

Posted: August 7, 2011 in Economic Terrorism, Green Jobs

Nuclear: $0.019
Coal: $0.027
Natural Gas: $0.081
Wind:$0.030
Hydroelectric: $0.009
Solar: No estimate found ($0.36 Per KWH http://spectrum.ieee.org/energy/environment/largest-solar-thermal-storage-plant-to-start-up )

 

Extrapolation of Results

2008 US Electricity Generation by Source & Weighted Average Cost per kWh

Energy Source % of Total Cost per kWh Weighted Avg Cost
Nuclear 19.7% $0.04 $0.008
Hydro 6.1% $0.03 $0.002
Coal 48.7% $0.04 $0.022
Natural Gas 21.4% $0.10 $0.022
Petroleum 1.1% $0.10 $0.001
Other Renewables 3.0% $0.15 $0.005
  100%   $0.059
Projected US Electricity Generation by Source & Weighted Average Cost per kWh by Doubling Nuclear Energy

Energy Source % of Total Cost per kWh Weighted Avg Cost
Nuclear 39.4% $0.04 $0.015
Hydro 6.1% $0.03 $0.002
Coal 29.0% $0.04 $0.013
Natural Gas 21.4% $0.10 $0.022
Petroleum 1.1% $0.10 $0.001
Other Renewables 3.0% $0.15 $0.005
  100%   $0.058 [change of -1.7%]

When Andasol 1, a solar thermal plant with 7 hours of salt storage was completed in Spain, the head of the team that designed it stated, for publication, that the electricity it produces would cost 27 Euro cents kW, which was 36 US cents kW the day I looked it up, and this was for a plant that cost $19,963 per available kW. http://spectrum.ieee.org/energy/environment/largest-solar-thermal-storage-plant-to-start-up

http://nuclearfissionary.com/2010/04/02/comparing-energy-costs-of-nuclear-coal-gas-wind-and-solar/

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s