Outrun Change

We need to learn quickly to keep up with the massive change around us so we don't get run over. We need to outrun change.

More data points on building power plants using natural gas and solar

It is far more expensive to build solar or wind plants than natural gas. A few more data points:

8/25 – Million Dollar Way – Power Plant Costs – For the Archives – August 25, 2014; Cost of Renewable Energy – Staggering – Bruce Oksol accumulates some costs for building different kinds of power facilities:

From a 3/20/14 article:

  • $3.0M / MW – solar
  • $2.5M / MW – wind
  • $0.85M / MW – natural gas

New data points:

  • $0.73M / MW – natural gas – Purchase of an existing 726MW natural gas power plant for $530M. See MDW for two links identifying capacity at 726 MW. See Calpine scoops up power plant for more than half a billion for price tag of $530M. Article says price is $655/kW, which equals $0.65M/MW. I’ll go with the MDW calc of $730 using cited power capacity.
  • $3.9M / MW – solar – Verizon building 10.2MW of new solar facilities for price tag of $40M. See article at Sunpower here.

So that means about $4M/MW for only-when-the-sun-shines power and about $0.7M/MW for all-the-time power.

Roughly 5 times as expensive. Ouch.

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