Our working paper includes several variations of the proposal, including a 10 - year lifespan for the policy instead of 25, policies that support
only coal generators or only nuclear, and policies that only guarantee recovery of the costs of continued operation («going - forward» costs) rather than guaranteeing profits.
Not exact matches
But nobody wants to own or run
coal and gas
generators if they can
only make money out of them for a few hours on a few days.
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 fuel, a particularly costly and dirty energy source whose carbon dioxide emissions are second
only to burning
coal, lit up four antiquated
generators on an island where power outages are common.
On current gas price expectations, a CO2 price of
only $ 5 per ton would be sufficient to make new gas - fired
generators as economical as new
coal - fired plants, based on the present value of fixed and variable costs.
The ESOO document notes that
only four new plants have come on line in the past financial year — the 67MW Oaklands Hill wind farm in Victoria and the 53MW Hallett 5 wind farm in South Australia, along with the first 566MW stage of the Mortlake gas peaking plant in Victoria and a 60MW upgrade to the Eraring
coal - fired
generator in NSW.
On March 2, for example, German
coal generator Enervie said it would close the 310 - MW Werdohl - Elverlingsen unit — a 1982 - built plant in North Rhine - Westphalia that ran
only 780 hours last year — by month's end.
Over the next three years, utilities plan to build
only eight new
coal - fired
generators compared with 91 new gas - fired
generators, according to the EIA.
Emissions trading will
only be viable in China's electricity if its helps to solve some of the sector's existing challenges — inefficiency in overall generation, running deficits of
coal generators, system reliability — while contributing to balanced economic development objectives.