3 ms·

Could you cite sources for the coal to wind economics?

• Retric 12y ago
  The LCOE can also be regarded as the cost at which electricity must be generated in order to break-even over the lifetime of the project. http://en.wikipedia.org/wiki/Cost_of_electricity_by_source http://en.wikipedia.org/wiki/Cost_of_electricity_by_source Note, wind has gotten much better over time so 2013 numbers look much better than 2006 numbers. Germany levelized cost of electricity generation in 2013 (EUR/MWh) Onshore wind farms 45–107 Coal-fired power plants (brown coal) 38–53 Coal-fired power plant (hard coal) 63–80 Though I may have undersold things for new generation: Regional Variation in Levelized Costs of New Generation Resources Conventional Coal Minimum 87.0, Average 95.6, Maximum 114.4 Wind Minimum 71.3, Average 80.3, Maximum 90.3 IMO one of the more interesting numbers was Wind, onshore Operating Cost (USD/kW) Min 10.95 Max 60.00. That's a wide gap. PS: Granted, these don't seem to account for time value of money but that's often overstated in terms of economic impact. Basically, if you turn 1oz of gold into 2oz of gold for free it's a net gain even if it takes 50 years, time value really just means there might be better uses of your personal money not that something is a net loss.
  • Agustus 12y ago
    Thank you!