Studies

Levelized Cost of New Electricity Generating Technologies Blog Wind

Estimated Levelized Cost

Updated February 1, 2011
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The Energy Information Administration (EIA) produces forecasts of energy supply and demand for the next 20 years using the National Energy Modeling System (NEMS)[1]. These forecasts are updated annually and published in the Annual Energy Outlook (AEO).[2] All sectors of the energy system are represented in NEMS, including the electric power generation, transmission, and distribution system.
To meet electricity demand, the EIA represents the…

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Will renewables become cost-competitive anytime soon? Blog

The Siren Song of Wind and Solar Energy
Despite advocates’ claims to the contrary, wind and solar continue to be the most expensive sources of electricity. The New York Times recently reported that “wind power is currently more than 50 percent more expensive than power generated from a traditional coal plant.” [1] Energy Secretary Stephen Chu told the New York Times that solar technology would have to get five times…

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  • Published // April 1, 2009
  • Author // admin
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Cap and Trade Primer: Eight reasons why cap and trade harms the economy and redu Blog

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The most popular way to regulate carbon dioxide emissions is through a cap and trade program. President Obama and many policymakers support some form of this regulatory policy. Cap and trade aims to cap emissions of carbon dioxide at a politically-determined level and then have the users and producers of oil, coal, and natural gas buy, sell, and trade their allowance to emit a given amount of…

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  • Published // March 12, 2009
  • Author // admin
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