But if the grid goes another direction — relying more on large and
expensive generation plants, for example — storage would make it easier to manage peak demand without surplus capacity.
Not exact matches
Steel and aluminum tariffs will also make new gas
plants and new
generation of any kind more
expensive.
Due to the limitations of the Second Law of Thermodynamics, and the Carnot efficiency corollary, it is very difficult and
expensive to get a heat engine to convert at better than 50 %, and it is more common to see 33 % for electric power
generation at central power
plants.
An equally
expensive and widely unpopular alternative is construction of many new nuclear fission
plants for
generation of electricity or production of secondary fuels.
That also includes using a definition of «levelized cost» that deliberately ignores the hidden costs of maintaining a normal fuel - based
generation grid capable of carrying the entire load because PV and wind (however cheap or
expensive they might be when they are working) are literally incapable of working 24 × 7 and at best reduce the rate at which conventional
plants consume fuel without reducing or eliminating the need for conventional
plants.
Wind and solar require
expensive renewable energy
plant, far flung networks of lossy transmission capacity, and equivalent levels of fossil fuel backup
generation (usually operating very inefficiently).
But the construction of this
plant in a region that has traditionally relied on, what used to be, less
expensive diesel and natural gas
generation sources could well be a sign of things to come.
Two - thirds of existing Indian coal
generation is now more
expensive than solar or wind
generation, and keeping these power
plants running costs India billions every year, according to Greenpeace research comparing CEA 2015 - 2016 coal power
generation data to new renewable energy project bids.
If coal and lignite (as well as more
expensive natural gas) prevail as next -
generation heating fuels, then co-
generation will be included into the new
plants to increase overall revenues from the same thermal energy.
Government and industry must decide whether to invest vast sums, of the order of hundreds, perhaps even thousands of billions of dollars in production of synthetic liquid fuels from coal or oil shale, an equally
expensive and widely unpopular alternative is construction of many new nuclear fission
plants for
generation of electricity or production of secondary fuels.
Moreover, all four of the above
generation plants are / were near population centers, not requiring
expensive new transmission from the outlying regions that in 20 years is likely to be obsolete.
:: Hyperion Power
Generation and:: New Mexico Business Weekly Nuclear Power A Nuclear Hot Tub in Your Backyard New
Generation of Nuclear Power
Plants More
Expensive Than Expected More Money for Yucca Mountain Makes It Hard to Get Behind Nuclear Option
via: SustainableBusiness and Cleantechnica Nuclear Power Hyperion Power
Generation Sells Someone on Portable Nuclear Power Fusion vs Breeder Reactor New
Generation of Nuclear Power
Plants More
Expensive than Expected
More Nukes in TreeHugger There's More Money in Nukes Than In Samurai Swords New
Generation of Nuclear Power
Plants More
Expensive than Expected Concerns Over Nuclear Power Continue to Mount: TreeHugger Could Microgeneration Be as Powerful as Nuclear Energy?
Eight New Nuclear Power
Plants Must Contribute to «Post-Oil Economy» says UK Prime Minister New
Generation of Nuclear Power
Plants More
Expensive than Expected Nuclear Energy - Screwing US Taxpayers Behind the Scenes
The takeaway from this chart is that according to EIA, although natural gas might be the least
expensive source of electricity
generation if you are building new
plants, where coal
plants are already built and where hydroelectric dams exist, coal and hydroelectric power is the cheapest.