Sentences with phrase «gas plants cost»

For comparison: energy from the most efficient type of natural gas plants cost $ 42 - 78 / MWh; coal power cost at least $ 60 / MWh.
Coal remains cheaper, but when you factor in the reduced capital cost (gas plants cost between a quarter and a third what coal plants of equivalent output do), the life - cycle costs point to gas, even in the absence of a price on carbon emissions.
«The first SMRs are expected to be within the range of natural gas plants costs assuming appropriate private - public partnerships to help reduce technology risks and keep first - of - a-kind costs low.
The short version is that electricity from new natural gas plants costs about half as much as coal, and that's at gas prices approaching five dollars... two - and - a-half times the current price!

Not exact matches

HANOI, April 26 - PetroVietnam Power Corp, or PV Power, has been granted government approval to build two gas - fired power plants in southern Vietnam at a total cost of nearly $ 1.5 billion, its parent company said on Thursday.
The New Democrats have sharply criticized the Liberals over the estimated $ 1.1 - billion cost of cancelling two gas plants, but won't say if they'll topple the government they've propped up for the last two years.
The plant operates when the spot price of electricity exceeds the cost of acquiring gas plus an allowance.
«So that's the pipeline, that's the upstream costs for gas plants, that's the plant itself which they need.»
She had to answer for the cancellation of two gas plants that will cost an estimated $ 1.1 billion, a criminal probe into the questionable business dealings of the province's Ornge air ambulance service and a multimillion - dollar decision to bail out the MaRS innovation and research complex in Toronto.
NEW YORK, April 1 - FirstEnergy Corp said late on Saturday its nuclear and coal power plant units filed for bankruptcy court protection as the company looks to restructure, sell assets and win government support to cope with competitors using lower - cost natural gas.
OTTAWA — The federal Liberal government says its new regulations to phase out power plants fired by coal and natural gas will cost more than $ 2.2 billion, but potentially save the country billions more in reduced health care costs.
To drive down energy costs for businesses and families, we've focused on inexpensive and cleaner - burning natural gas, and last month, Calpine Corporation broke ground on a new power plant in Dover that is expected to serve about a quarter of a million homes.
The 750 - megawatt gas - fired power plant will be built in the central province of Quang Ngai, the company said in a statement, without providing the cost and time frame for building the facility.
Installing enough batteries to make most electrical grids fully reliant on wind power or even to take older natural - gas or coal plants off - line isn't cost effective yet in many regions.
Those gas - fired plants were originally going to be built in Mississauga and Oakville until the Liberals cancelled them days before the 2011 election, which the auditor general said would cost ratepayers up to $ 1.1 billion.
HANOI, April 26 (Reuters)- PetroVietnam Power Corp, or PV Power, has been granted government approval to build two gas - fired electricity plants in southern Vietnam at a total cost of nearly $ 1.5 billion, its parent company said on Thursday.
Gas had other advantages, including lower emissions, lower capital costs and the ability to locate the plant right where the customers are in Calgary since gas pipelines are everywhere, he explaiGas had other advantages, including lower emissions, lower capital costs and the ability to locate the plant right where the customers are in Calgary since gas pipelines are everywhere, he explaigas pipelines are everywhere, he explains.
While the requirements have raised the cost of operating coal - fired plants, experts say a bigger factor in coal's decline has been cheaper natural gas.
While the new President can certainly help reduce industry costs by, among other things, canceling Obama's Clean Energy Plan, which would force power plants to capture more greenhouse gases, it is not clear if this will be enough.
In the middle third of the U.S., wind farms have an all - in cost that is less than a third that of a new natural gas - fired plant, and wind power is also well below the cost of power from large - scale solar farms.»
RESOLVED: That Berkshire Hathaway Inc. («Berkshire») establish reasonable, quantitative goals for reduction of greenhouse gas and other air emissions at its energy - generating holdings; and that Berkshire publish a report to shareholders by January 31, 2015 (at reasonable cost and omitting proprietary information) on how it will achieve these goals — including possible plans to retrofit or retire existing coal - burning plants at Berkshire - held companies.
The most recent data from the Department of Energy's Lawrence Berkeley National Laboratory (LBNL) finds that a cost - shift does not occur until distributed solar penetration reaches 10 % of electricity sales, and even then that the impact is minimal compared to other drivers of rate increases, like new gas plants or transmission lines.
In their rush to secure a deal with Petronas, the only company even close to operating an LNG plant, the government has offered our natural gas — our resources — at fire sale costs.
The shale - growth - driven natural gas output is expected to bring benefits to the petrochemical industry as manufacturers will continue to enjoy low - cost feedstock for plants in and close to areas where shale gas and natural gas plant liquids production is abundant.
Wind turbines cost around $ 2 per watt, solar including installation around $ 2 per watt, some combined cycle natural gas plants around $ 1 per watt.
The plant, based in Scriba, Oswego County, is being closed due to greatly reduced revenues and low natural gas prices, along with high operational costs.
The 4 Z - 9 EH helicopters cost the country $ 100m and would be used by the Ghana Airforce to protect the $ 1billion Atuabo Gas Processing Plant operated by the Ghana National Gas Company (Ghana Gas).
1) Repeal the Triborough Amendment; 2) State pick - up of Medicaid costs from counties; 3) Roll - back of Medicaid entitlements / coverages to median national levels; 4) Major reform of SEQR process which blocks projects Upstate; 5) Repeal NY's participation in RGGI; 6) Cut 50 percent of staff at DOE, DOH, DEC in order to let the other half do their jobs, which means serving the people instead of feeding the bureaucratic monster; 7) Support expansion of nuclear plants at Oswego, construction of new plants elsewhere; 8) Tort reform to allow doctors to practice medicine, instead of fleeing NY; 9) Use the bully pulpit to support natural gas drilling and tell the envirowackos to grow up.
Mohl said increasing operational costs combined with low natural gas prices have cut into revenues and that Entergy was facing a hard choice on the plant even before negotiations began with the state.
In recent years, historically low natural gas prices have driven down wholesale electricity costs as plant owners switched to that fuel, making nuclear power less competitive financially.
Egypt is constructing a 1,800 Megawatt gas power plant at a cost of $ 1.3 billion.
Abu Dhabi is constructing a 1,600 Megawatt gas power plant at a cost of $ 1.5 billion.
Some older nuclear plants simply can't compete on cost with gas - fuelled rivals.
A new report from Citigroup argues that solar panel installations will surpass expectations as its cost falls below that of the most expensive gas - fired power plants
«Essentially, a natural gas plant can comply with the EPA's proposed standard at a much lower cost, which begs the question of why investors would choose to build coal with CCS,» the report states.
NuScale claims it will be able to produce power at about seven to nine cents per kilowatt - hour — roughly the same as big nuclear plants, only a few cents more than the cheapest modern natural gas — fired or coal - fired plants, and one - third the cost of a typical diesel generator.
The findings show the nation can cut carbon pollution from power plants in a cost - effective way, by replacing coal - fired generation with cleaner options like wind, solar, and natural gas.
Findings show carbon pollution from power plants can be cut cost - effectively by using wind, solar and natural gas
«The energy payback time of a nuclear power plant is at present about 11 years compared with natural gas at half a year,» Storm van Leeuwen argues, when the full cost of decommissioning a nuclear power plant at the end of its useful life is included.
However, an upstream cap - and - trade program would be likely to face political resistance because it would bring a sharp increase in operating costs for power plants that emit greenhouse gases.
An up - to - date coal plant costs about $ 3,000 a kilowatt, but charges levied on carbon dioxide emissions, or extra equipment to capture the gas instead, could add substantially to that.
The plant, which cost $ 8 - million to build, is also the only Canadian finalist for the Virgin Earth award, a $ 25 - million (U.S.) prize set up by Richard Branson to promote the development of sustainable ways to remove greenhouse gases from the atmosphere.
-- Not later than July 1, 2013, the Secretary shall submit to Congress a report describing the extent by which the initiative has been enacted and the actual and projected effectiveness of the program under this section, including the energy efficiency, greenhouse gas emissions reductions, cost savings, and safety benefits at manufacturing facilities, power plants, refineries, hospitals, universities, government buildings, and other commercial and industrial locations.
These plants, by in large, compete favorably with fossil - fueled (coal and natural gas) plants in terms of their respective forward costs (operating and maintenance and fuel costs).
Combinations of high gas prices and significantly lower capital costs could make nuclear plants competitive with fossil fuel plants, but the bottom line is that in the current economic climate, commercial nuclear generation is not even close to being competitive with fossil - fueled plants and there is no easy path to a competitive market for new nuclear plants.
A recent article in The Wall Street Journal, «The $ 2.2 Billion Bird - Scorching Solar Project» reported on how a solar power plant in California costs more than four times as much as a natural gas facility.
If such are natural gas peaking plants, great, it is just an added cost.
New coal plants cost three to four times as much as they did three years ago, due to the embedded cost of petroleum and natural gas in plant construction, materials and labor.
For a small fraction of the cost I could eliminate more greenhouse gas by converting the large Four Corners, coal - fired electric power plant in New Mexico to natural gas.
I can do a lot more at less cost by building nuclear power plants or converting coal fired generators to modern gas - fired ones.
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