We frequently talk about the cost of electricity from new generation plants. Here are some figures, which will generally put those past and future writings into perspective:
The National Rural Electric Cooperative Association has made some estimates using US Energy Information Administration data from November 2010. The following electricity costs include average costs for plant construction, maintenance, fuel, and operation.
Source Cents perKilowatt Hour(kWh)
Hydro 3.4
Natural Gas 5.2
Biomass 5.7
Coal 5.8
Nuclear 5.8
Geothermal 6.4
Wind (land) 6.6
Coal (carbon capture) 9.9
Solar (thermal) 13.6
Wind (offshore) 15.8
Solar (photovoltaic) 20.8
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