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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