Thursday, December 11, 2014

Solar: $2.5 - $3 Million / MW Electricity Vs $900K MW Electricity Produced By Natural Gas -- December 11, 2014

GE  is going to make a gazillion dollars building a solar farm in Japan. Link here. When you get to that story, remember:

From an August 25, 2014, post, this is 30-second sound bite for "cost of renewable megawatt":
  • Solar: $3 million / MW
  • Wind: $2.5 million / MW
  • Natural gas: $865,000 / MW
I like these stories -- the GE story about building a solar farm in Japan -- because it provides a glimpse of what renewables cost compared to natural gas and coal.

In this case, the GE solar farm in Japan will cost $109 million for 42 MW = $2.5 million / MW of solar energy. Compare to natural gas at about $900K / MW.

Whatever. 

2 comments:

  1. Just yesterday Al Gore was quoted as saying that renewable energies have now met the cost of fossil fuel generated energy and in many cases is cheaper than fossil fuel. How do we send this to him???

    ReplyDelete
    Replies
    1. He wouldn't listen: for him, global warming is a closed issue.

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