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This is wrong, with actual data
Posted on: March 29, 2017 at 11:19:56 CT
Badird MU
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https://en.wikipedia.org/wiki/Cost_of_electricity_by_source
2015 data from the US Energy Information Commission
(https://www.eia.gov/outlooks/aeo/electricity_generation.cfm)
Lifetime cost (30 year average) of burning conventional coal is $95.1/kwh (no subsidies). Solar, without subsidies, is $125.3/kwh (31.7% more), the most of any form of energy. Conventional Coal is the third MOST expensive form.
Whats funny is that Advanced Cycle Natural Gas is the cheapest at $72.6/kwh and wind is just behind at $73.6/kwh.
Whats even more interesting is that 2016 data has drastic changes. Natural Gas drops to remain the cheapest form of energy at $57.2/kwh, wind at $64.5 and solar dropped remarkably to $84.7.
Solar will remain a leader in personal/home use, but is perhaps not the best option for large-scale energy production. Discounting solar energy would be a very big mistake at this point due to that fact.
2015 data from the US Energy Information Commission
(https://www.eia.gov/outlooks/aeo/electricity_generation.cfm)
Lifetime cost (30 year average) of burning conventional coal is $95.1/kwh (no subsidies). Solar, without subsidies, is $125.3/kwh (31.7% more), the most of any form of energy. Conventional Coal is the third MOST expensive form.
Whats funny is that Advanced Cycle Natural Gas is the cheapest at $72.6/kwh and wind is just behind at $73.6/kwh.
Whats even more interesting is that 2016 data has drastic changes. Natural Gas drops to remain the cheapest form of energy at $57.2/kwh, wind at $64.5 and solar dropped remarkably to $84.7.
Solar will remain a leader in personal/home use, but is perhaps not the best option for large-scale energy production. Discounting solar energy would be a very big mistake at this point due to that fact.
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This is wrong, with actual data - Badird MU - 3/29 11:19:56