Electric Power Plant Cost Comparison
Posted by Max Dunn Wed, 25 Feb 2009 00:43:00 GMT
While looking for the external costs of coal, I ran into a great table that shows how much it costs to build and run various types of electric power plants.
It is interesting to note that while a convention coal plant costs much less to build than a solar thermal plant, the coal plant costs more to maintain so over 30 years, the total costs would be equal.
Table 1: Specification of electric power technologies used in GMM model. All costs are given in $(1998). The progress ratio (pr) is the rate at which the cost declines each time the cumulative production doubles. The data presented in the table comes from various sources: IIASA MESSAGE model database, literature reviews. Characteristics of technologies with CO2 removal are adopted from [8].
(Reference: Internalisation of external cost in the power generation sector)