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Technology Stocks : The Electric Car, or MPG "what me worry?"
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To: HPilot who wrote (639)12/6/2008 11:15:23 AM
From: RetiredNow  Read Replies (1) of 17486
 
Are you sure of that? Wind is cost competitive and cleaner than nuclear power and the capital costs of a comparable wind farm are far lower than a nuke plant. Here's what a 2003 study says about comparative costs per kwh:

neis.org

It costs between 5.1 cents and 8.3 cents per kilowatt hour to produce nuclear electricity. That compares with the following:
- 3.7 cents to 4.8 cents per kilowatt hour for energy produced by coal.
- 3.5 cents to 4.8 cents per kilowatt hour for natural gas
- 20.2 cents to 30.8 cents per kilowatt hour for solar. [mindmeld=> updated solar tech gets this one down to 12-14 cents per kwh]
- 5.5 cents and 7.7 cents per kilowatt hour for wind.

Source: University of Chicago estimates based on 2003 prices

More recent information puts solar even cheaper.

nrdc.org

electricity from concentrated solar power plants costs about 10 to 14 cents per kilowatt-hour, while electricity from a coal or natural gas power plant costs about 4 cents per kilowatt-hour.
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