Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, June 26, 2012

Energy Prices Driving Us Towards Natural Gas

Energy Prices Driving Us Towards Natural Gas

James Conca, Forbes
Last post, I put out numbers for the actual costs for producing energy from the six major sources normalized over their entire life-span. The idea being that someone is going to lay down billions of dollars to build and operate energy systems to produce a trillion kWhrs of electricity, but what is the actual cost versus how much will they have to pay? The results were 4.1cents/kWhr for coal, 5.1cents/kWhr for natural gas, 3.5cents/kWhr for nuclear, 4.3cents/kWhr for wind, 7.7cents/kWhr for solar, and...

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