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Environment & Energy

In reply to the discussion: Gives me hope [View all]

wtmusic

(39,166 posts)
5. That graph looks about right for relative prices in the U.S.
Thu Jun 27, 2013, 04:59 AM
Jun 2013

although with the spelling "levelised" I'm assuming you're referencing a U.K.source.

It's only showing part of the picture. In the US, the levelized price of PV solar is 30% higher than nuclear; utility solar and offshore wind are 150% higher. Onshore wind is cheaper when you can get it, when you can't it requires natural gas backup. This is why natural gas magnates like T. Boone Pickens are enthralled with so-called " renewables" - they guarantee a market for their groundwater- and atmosphere- fouling product for decades to come.

Most importantly, and despite the clever statistical juggling of wind and solar enthusiasts, those sources have not a remote chance of meeting global energy needs. I wish it weren't so but it is so, resoundingly and conclusively, and continuing to wish on that star is insanity at this point.

Nuclear is virtually carbon-free; despite hyperventilating media reports it's the safest form of baseload energy generation available, and per unit of energy it has the smallest environmental footprint by far.

U.S. Dept. of Energy levelized cost of generation through 2018:

http://www.eia.gov/forecasts/aeo/electricity_generation.cfm

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