EIA Energy Costs Estimate for Different Energy Generation brought online for 2017
The EIA paper presents average levelized costs for generating technologies that are brought on line in 2017 as represented in the National Energy Modeling System (NEMS) for the Annual Energy Outlook 2012 (AEO2012) reference case. Natural gas is the cheapest (if there is no carbon capture and storage) and then hydroelectric. There are also regional variances.Most of the new energy plants in the world will be built in China, India, South Korea and Russia. Costs in those countries are far lower. China and South Korea are about half the cost of the US for nuclear power generation.
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