Electricity prices mostly increased throughout the country last week (see pages 1 & 2). Gas prices rose at the Henry Hub increasing $0.41 to $7.81 / MMBtu (see page 4).
From 2006-2010, the current capacities in the pipeline coming into operation are 51,442 MW for natural gas; 36,853 MW for coal; and 24,791 MW for wind (see page 8).
The Energy Information Administration released its reference case for their Annual Energy Outlook 2007 this week. According to the report, “total operable nuclear generating capacity will grow to 112.6 gigawatts in 2030, including 3 gigawatts of additional capacity uprates, and 12.5 gigawatts of new capacity stimulated in part by EPACT2005 tax credits and rising fossil fuel prices.”
For the podcast click here. For the report click here (pdf). It is also located on NEI's Nuclear Statistics webpage.
Technorati tags: Nuclear Energy, Nuclear Power, Electricity, Environment, Energy, Natural Gas, Oil
Comments
It also of course shows how alot more knowledge of the subject is needed in order to evaluate the economics of a power source. For example TVA just paid ~90 million for 1000 MW of gas turbine capacity. The same amount of power will be produce by Brown's Ferry 1, but that is costing 1.8 Billion. The fact that the nuke plant costs 20 times as much per megawatt is easily misrepresented as proving that nuke plants are too expensive. But those gas turbines will be producing power at a capacity factor 1/100th of the nuclear plant, so in fact the nuclear plant is much more economical (which of course is why it will run 24/7 while the gas plants havent run in 4 years).