The cost of generating electricity

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The discussion highlights the varying costs of electricity generation, referencing data from the US Department of Energy. Solar thermal is noted as the most expensive at $312 per megawatt hour, followed by offshore wind at $243 and solar PV at $211, while natural gas remains the cheapest at $66 to $125. Advanced nuclear power is surprisingly competitive at $114, raising questions about the significant subsidies supporting solar energy. Participants inquire about the availability of subsidies for offshore power and express curiosity about hydroelectric costs, with historical references indicating much lower prices in the past. Overall, the conversation underscores the complexities and financial dynamics of electricity generation sources.
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I stumbled across what I thought an interesting comparison of the costs to generate electricity from the US Department of energy...includes transmission costs.

http://en.wikipedia.org/wiki/Relative_cost_of_electricity_generated_by_different_sources

Its shows the total cost per megawatt hour: the highest cost sources:

"solar thermal" $312 what this is ?? heat or equivalent electricity?
wind offshore: $243
solar PV $211 solar photovoltaic cells

while gas seems to offer the lowest cost at from $66 to $125.

I am surprised that "advanced nuclear" at $114 is so competitive.

It sure points out the heavy subsidies (taxpayer money) required for solar.

Are subsidies available for offshore power?? Seems tough for it to compete otherwise!
 
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I thought coal was supposed to be the cheapest.
What about the cost of hydro?
 
"""solar thermal" $312 what this is ?? heat or equivalent electricity?""

that should be the cost of the electricity made by focusing sun to boil water.
http://www.fpl.com/environment/solar/projects.shtml?id=alias

hydro - my only experience is secondhand.
in 1960's my father-in-law's plant in Niagara Falls bought hydro for 2 mils/kwh,
or $2 per megawatt hour. seems incredible, today.

old jim
 
Hydro is included in the DOE chart...
I just posted a couple of high and low cost categories.
 
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