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Showing posts with the label Institute for Energy Research

Levelized Costs of New Electric Generating Technologies - EIA

Just wanted to bring to your attention probably one of the best, most complete, and credible sets of data on new power plant costs I've come across so far. The data comes from the Energy Information Administration's Annual Energy Outlook 2009 and the chart and table below were created by the Institute for Energy Research . The only other source I've seen that comes close to a credible comparison on cost data is Lazard (pdf). In the past, I hardly used EIA's cost data much, partly because their capital cost estimates for nuclear were always too low (the estimates are much more realistic this edition), but mostly because they only presented their cost assumptions that feed into the NEMS model (pdf). They never showed a levelized, unsubsidized, balanced set of cost data for nearly all technologies. Here's IER's explanation of the data : To determine the most economic technology for the type of demand (base, intermediate, or peaking load) for which new capacity ...