EPA Takes Action To Eliminate Startup, Shutdown, And Malfunction Emissions Exemptionsi
Power Plants
Why Does Texas Have Its Own Power Grid?
Texas is it's own little place in many ways.
Hudson River Power Line Project Secures Final Approval
EPA carbon regulations will not destroy the electrical grid
Renewable energy is a lot like agriculture. There are millions of farms across the country, each producing a small portion of the commodity over vast tracts of land. Farms and warehouses store commodities like silage and corn for long-periods of time, allowing off-season access to seasonal produce to feed animals and humans alike year round. The agricultural system is quite cost-effective at producing food at affordable prices for most Americans. There is no reason we couldn't have millions of solar cells and wind turbines across America.
Electricity is very difficult to store in quantity. But so is food and feed. Both food and feed rot if left out to elements, and many foods can't even be stored for long periods of times even with the best of technologies. That's why a lot of foods are imported from other parts of the country out-of-season or other parts of the world where it's in season. But there is no reason we can't move electricity around long distances, nor is there any reason why we can have ample storage of electricity in many diversified storage facilities -- from big pump-hydro to batteries and flywheels.
ISO-NE
AKA, why your power bills are so expensive this winter.
New Power Plants Economics Compared
A local environmentalist put together a spreadsheet with the data from the November 2010 Updated Capital Cost Estimates for Electricity Generation Plants. It shows why most new power plants constructed in recent years use either natural gas or wind, as by far they are the most cost-effective fuels. Evens with even a modest carbon regulations, new coal plants will become the exception and not a rule. It seems with the current economics, coal plants already seem like a waste of money and non-economic.
Note: Power Plants come in all different sizes. This analysis normalizes plant costs down to lifespan cost per kW during the plant’s lifespan, typically around 75 years. Therefore, a 500 MW Natural Gas: Advanced Combustion Turbine (CT) Plant based on the table, operating at full capacity would cost = $671.70 x 500,000 = $335 million over it’s lifespan.
Less Expensive Types of New Plants.
Fuel – Plant Type | Capital Cost (per kW/lifespan) |
Fixed Operating & Maintenance Cost (per kW/lifespan) |
Total Costs (per kW/lifespan) |
Versus Average New Plant Types |
---|---|---|---|---|
Natural Gas: Advanced CT | $665 | $6.70 | $671.70 | -84.13% |
Natural Gas: Conventional CT | $974 | $6.98 | $980.98 | -76.82% |
Natural Gas: Conventional NGCC | $978 | $14.39 | $992.39 | -76.55% |
Natural Gas: Advanced NGCC | $1,003 | $14.62 | $1,017.62 | -75.96% |
Natural Gas: Advanced NGCC with CCS | $2,060 | $30.25 | $2,090.25 | -50.62% |
Onshore Wind | $2,438 | $28.07 | $2,466.07 | -41.74% |
Coal: Dual Unit Advanced PC | $2,844 | $29.67 | $2,873.67 | -32.11% |
Hydro-electric | $3,076 | $13.44 | $3,089.44 | -27.01% |
Coal: Single Unit Advanced PC | $3,167 | $35.97 | $3,202.97 | -24.33% |
Coal: Dual Unit IGCC | $3,221 | $48.90 | $3,269.90 | -22.75% |
Coal: Single Unit IGCC | $3,565 | $59.23 | $3,624.23 | -14.38% |
Biomass BFB | $3,860 | $100.50 | $3,960.50 | -6.43% |
Geothermal: Binary | $4,141 | $84.27 | $4,225.27 | -0.18% |
More Expensive Types of New Plants.
Fuel – Plant Type | Capital Cost (per kW/lifespan) |
Fixed Operating & Maintenance Cost (per kW/lifespan) |
Total Costs (per kW/lifespan) |
Versus Average New Plant Types |
---|---|---|---|---|
Coal: Dual Unit Advanced PC with CCS | $4,579 | $63.21 | $4,642.21 | 9.68% |
Solar: Thermal | $4,692 | $64.00 | $4,756.00 | 12.36% |
Solar: Large Photovoltaic | $4,755 | $16.70 | $4,771.70 | 12.73% |
Coal: Single Unit Advanced PC with CCS | $5,099 | $76.62 | $5,175.62 | 22.28% |
Nuclear: Dual Unit | $5,335 | $88.75 | $5,423.75 | 28.14% |
Coal: Single Unit IGCC with CCS | $5,348 | $69.30 | $5,417.30 | 27.99% |
Geothermal: Dual Flash | $5,578 | $84.27 | $5,662.27 | 33.77% |
Hydro-electric: Pumped Storage | $5,595 | $13.03 | $5,608.03 | 32.49% |
Offshore Wind | $5,975 | $53.33 | $6,028.33 | 42.42% |
Solar: Small Photovoltaic | $6,050 | $26.04 | $6,076.04 | 43.55% |
Natural Gas: Fuel Cells | $6,835 | $350 | $7,185.00 | 69.75% |
Biomass CC | $7,894 | $338.79 | $8,232.79 | 94.51% |
MSW Incineration | $8,232 | $373.76 | $8,605.76 | 103.32% |