Monday, December 8, 2014

The Real Cost Of Renewables -- December 8, 2014

I have a tag, "CostRenewables" at the bottom of the blog.

I most recently posted the "real cost of electricity" at this post.

A reader sent me this information. Though it's a bit dated, I doubt it has changed much, certainly not in a qualitative or relative sort of way:
Below are the statistics on the cost of power generation in 2011 from the Australian Government’s own Productivity Commission:
  • coal fired power station $79 per Mw/h (megawatt/hour) 
  • natural gas fired power station $97 per Mw/h – or 1.2 times the cost of coal power 
  • wind power $150-214 per Mw/h – or nearly 3 times the cost of coal power 
  • solar power $400-473 per Mw/h – or nearly 6 times the cost of coal power

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