Costs of Electrical Power from Different Sources – 2014

DOE Projected Costs for Power

This table, with data provided by the United States Department of Energy,  gives costs, in dollars per MWh for electrical power from various sources:

Cost Power Source
47.90 Geothermal
64.40 Natural Gas, Advanced Combined Cycle
80.30 Wind
84.50 Hydro
91.30 Natural Gas, Advanced Combined Cycle/CCS*
95.60 Conventional Coal
96.10 Advanced Nuclear (the cost given does not include taxpayer costs for waste management)
102.60 Biomass
103.80 Natural Gas, Advanced Combustion Turbine
130.00 Solar PV (Utility-scale)
147.40 Integrated Coal-Gasification Combined Cycle (IGCC) with CCS*

*CCS is Carbon Capture and Sequestration
Italicized enties are for carbon-emitting technologies without CCS.
Source: Levelized Cost and Levelized Avoided Cost of New Generation Resources in the Annual Energy Outlook 2014


.

One Response to “Costs of Electrical Power from Different Sources – 2014”

  1. tomgraywind Says:

    The cost of wind is heavily influenced by geographic location. It’s very competitive with natural gas in the Plains States.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: