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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
byDrMrLordX ( 559371 ) writes:
Why would higher prices on natgas increase carbon dioxide emissions?
bylocofungus ( 179280 ) writes:
I don't know but I'd guess that it makes other CO2 intensive generation more attractive.
Ultimately, the majority of fossil fuel generation is doomed, renewables are now comfortably cheaper by pretty much any metric unless you put a very high value on 100% availability.
For a long while the west will probably need a rump of fossil generation because our entire system is built around 100% reliable grid power at any load. It will likely be the developing world that will get there first as they don't already hav
byDrMrLordX ( 559371 ) writes:
I'm still waiting on actual price comparisons between natgas and solar/wind + storage. Seems like every market that fully embraces renewables experiences high electrical prices despite continued assurances that renewables are cheap.
byrocket rancher ( 447670 ) writes:
I'm still waiting on actual price comparisons between natgas and solar/wind + storage.
Translation: “I’m still waiting for someone else to do 30 seconds of googling for me.” Lazard (a finance firm, not a Greenpeace pamphlet press) publishes an annual LCOE+ benchmark. Unsubsidized $/MWh ranges for new-build generation in their 2025 report:
Utility solar: $38–$78
Onshore wind: $37–$86
Utility solar + storage: $50–$131
Onshore wind + storage: $44–$123
Gas combined cycle: $48–$109
Coal: $71–$173
Gas peaker: $149–$251
The “price comparison
byDrMrLordX ( 559371 ) writes:
Gas combined cycle is still beating nearly everyone (solar/wind without storage "doesn't count" since it requires expensive peaker plants for support).
Also that is bulk power generation. Show me the cheapest commercial and consumer rates and then show me the power breakdown for them. Hint: it's combined natgas and hydroelectric with some coal.
bynecro81 ( 917438 ) writes:
Gas combined cycle is still beating nearly everyone (solar/wind without storage "doesn't count" since it requires expensive peaker plants for support).
Well, good luck expanding electricity supply with that option. Last I heard, the lead time [brave.com] on new gas turbines is 5-7 years. Solar and batteries can go from green field to exporting power in ~1 year.
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