Comparison between various sources of electrical power production. What you find on the internet is a lot of misinformation. This will set you straight, hopefully.
4. Cents Per kWh by State
State Residential Commercial Industrial
Oregon 10.2 86.5 5.8
California 17.1 14.1 10.8
New York 19.3 14.9 6.1
South Dakota 10.0 86.0 6.9
Ohio 12.3 98.9 6.6
Texas 11.8 80.0 6.3
Florida 11.9 10.0 8.0
5. Renewable Energy World .com
“People like to compare the cost to generate
electricity from various resources, like wind
or solar, to the cost to generate electricity
from coal, nuclear and natural gas.
Comparing these costs is like comparing
apples to oranges.”
6. Apples vs. Oranges
While both are fruits and both have seeds that’s
about where the similarities end. Have you ever
had an Orange pie? How about Apple sherbet ice
cream? Another analogy would be to compare a
skateboard to a car. They are both vehicles with
four wheels but that’s about all they have in
common.
9. What are “Economic Benefits”?
Cost to Consumer?
Infrastructure?
Longevity?
Job creation?
Efficiency?
Environmental Impact?
Safety?
Cost of initial investment?
Reliability?
Operations and Maintenance (O&M)?
10. In a nutshell they are:
Capital Cost
Cost of O&M
Efficiency
Cost to Consumer
Environmental Impact
11. Capital Cost
The 1939 total cost of building the dam was estimated
by the Army Corps of Engineers at $23,700,000.
McNary Dam estimated cost in 1977 was $304,700,00.
$304,700,00 = $1.2 billion today
McNary produces estimated $300 million worth of
power a year with an average budget of $25 million.
Estimated cost of new hydro plants are $3 thousand
per kw/h.
$1.5 billion = 500 MW plant
12. Over Night Capital Cost
Type Capacity $/KW 500 MW Plant
Cost (Billions)
Coal w/ CCS 650 MW $5,227 $2.61
Natural Gas w/
CCS
340 MW $2,095 $1.05
Nuclear 2000 MW $5,530 $2.77
Wind 100 MW $2,213 $1.11
Solar 150 MW $3,873 $1.94
Hydro 500 MW $2,936 $1.47
13. O & M
Type Capacity $/kW - yr $ million – yr
(@ 500 MW)
Coal w/ CCS 650 MW $80.53 $40.2
Natural Gas w/
CCS
340 MW $31.79 $15.9
Nuclear 2000 MW $93.28 $46.6
Wind 100 MW $39.55 $19.8
Solar 150 MW $24.69 $12.3
Hydro 500 MW $14.13 $7.1
18. Coal
Little expensive
Low-end of efficiency
Mid-range cost to consumer
Abundant source of coal
Horrible for the environment
19. Natural Gas
Very cheap
Can be efficient w/ Co-Gen
Low cost to consumers
Abundant source of Natural Gas
Low emissions, Fracking protested greatly
23. Hydro
Low range cost
Highest efficiency
Lowest cost to consumer
Renewable fuel source
No emissions, renewable, some
environmental impact, hated by
environmentalists
24. Conclusion
If we can’t agree on the best ways to build our economy
how can we agree on the best ways to build
economically viable power plants?
At what point does cost and efficiency stop being a factor
due to demand?
If we outgrow our provision for energy production where
do we turn?
Editor's Notes
Choose topic because I thought it would be fairly easy…apparently I’m an idiot.
Very complicated,
HUGE amount of information and opinions,
numerous variables to be considered,
hard to find a place to start and stay with in set topics.
Like comparing apples to oranges, they are both fruit, have seeds, make juice but way different, climate, look, texture, taste, use in pies.
I believe a short journey of my path will accurately represent the vast scope of this topic.
First started with search of “benefits of hydropower” – bad choice of words
Apparently Hydropower is the source of anything bad that has ever happened in the world
Finding reputable source not as easy as I thought
Very reputable source
lots of good information
WIND Power 35% or so…
great place to start from….maybe….how do I really know….
The Wall Street Journal- suppose to be a good reputable source??? Where did they get these numbers…??? 1,100 percent efficient?? I like Hydro but over 300 percent efficient, and some of the other percentages seem to be on par with other sources.
McNary Dam is 990 MW facility. (This information even various depending on what website you go to. EIA states this rate as of 2014, Wiki says 1,129MW, USACE says 980MW, BPA says 1,120.)
U.S. Energy Information Administration website, EIA
Notice New York Industrial
No Consistency In Power Cost Either!!!!
It is widely accepted that where power generation is cheaper the cost to the consumer is cheaper.
I found this article towards the end of my research.
I felt it was very accurate.
Represented my struggles well
Used the same term apples to oranges
Comments section some people stated the article was horrible filled with half truths
Adds to the inconsistent nature of comparison.
Wait for next slide,
Next hurdle, what do I include?
I found this article towards the end of my research.
I felt it was very accurate.
Represented my struggles well
Used the same term apples to oranges
Comments section some people stated the article was horrible filled with half truths
Adds to the inconsistent nature of comparison.
Wait for next slide,
Next hurdle, what do I include?
Then we have which power do we include in this presentation?
Because there is a Bunch
Some of them very creative and interesting
Do not produce large amounts of power that is in demand, less than 1MW
Wave power peaks at about 250kv
McNary Dam is 990 MW facility. (This information even various depending on what website you go to. EIA states this rate as of 2014, Wiki says 1,129MW, USACE says 980MW, BPA says 1,120.)
These are the big dogs with Solar representing “other renewable” since it is the largest producer in that category. However it should be noted that it is by no means an accurate representation of all “other renewable”. The numbers for these source vary greatly and could have an entire presentation of their own .
Again a wide range of variables can be put into the equation.
The list could go on and on
While it has been narrowed down for the purpose of this presentation these are by no means the only factors considered in power production.
These numbers don’t translate perfectly.
Numerous other factors today,
Safety
Permits
Litigation
Better wages
This does however make an amazing case to keep current Hydro operation running
Anticipated navigation benefits did not justify costs. But, the Corps of Engineers decided, "it is possible that sufficient surplus power from the dams can be sold within the next 50 years to make the improvement economically sound."
From U.S. Energy Information Administration website.
Different MW production makes comparison difficult
Horse Heavens -Nine Canyon
Capacity: 95 MW
Trying to make some sort of similar comparison with last column but note it is not feasible to compare 2000MW nuclear to 100MW Wind due to large diffi in:
Size of land uses
Safety of power source
Environmental Impact
These numbers where the most consistent
Throwing out odd balls and averaging the rest
Levelized cost represents the dollars per-kh cost of building and operating a generating plant over an assumed financial life and duty cycle. Key inputs to calculating levelized costs include overnight capital costs, fuel costs, fixed and variable O&M costs, financing costs, and an assumed utilization rate for each plant type.
This scale is very widely used…
It does not take into consideration other benefits like, navigation which the dam was originally built for, and flood control.
We can’t put a economic value on life
How does NG help in this area?
People will find a negative impact for any type of power generation used, then use that power they hate so much to post their opinion on the internet.
Everything is skewed to make the provider of the information look better.
You can find “facts” to benefit or degrade any source of power generation available.
Even Coal
Lots of problems
Being phased out
Still largest producer of power in US
To much pollution for to many years
Mining is being stopped, no export
Growth slowed only by environmental impact.
16 license applications since 2007= no new plants
6 possible by 2020
Largest growing production in US
Considered best option, so was coal at one point
2nd largest growing power producer
Huge amount of support, even with its draw backs
Despite the cheap clean power
Public outcry has all but stopped development of new hydro
Not just power but ease of navigation to increase trade
Flood Control
Relying on flowing water does instead of fluctuating fossil fuel costs.
My conclusion is I’ve been left with more question than I began with.
2nd law of thermal dynamics comes into play at some point