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You're right, but traditional fossil fuel plants still cost a lot (a comparable amount infact) to build ($2billion for 600MW[1]). Renewables just have a much lo
by _mulder_ 13y ago
You're right, but traditional fossil fuel plants still cost a lot (a comparable amount infact) to build ($2billion for 600MW[1]). Renewables just have a much lower energy output (only work when the sun shines/wind blows, and at a lower capacity) and therefore a much longer payback. But you're right, not having to pay for fuel would off-set some of these negatives.
[1] http://www.synapse-energy.com/Downloads/SynapsePaper.2008-07.0.Coal-Plant-Construction-Costs.A0021.pdf http://www.synapse-energy.com/Downloads/SynapsePaper.2008-07...