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When wind is cheaper than gas

This graphic accompanies the main article "Nuclear Suddenly the Competitor to Beat" . Breaking even: Adding wind to a power system adds a level of uncertainty which increases the cost of balancing the system -- the more wind, the more uncertainty. But even when wind's contribution to balancing costs is taken into account, more wind will often cost the consumer less than more gas. Only if the price of gas drops significantly from today's European spot market value of i1/therm, or the installed cost of wind is higher than today's i1200/kW average, does wind cost the consumer more.

Breaking even: Adding wind to a power system adds a level of uncertainty which increases the cost of balancing the system -- the more wind, the more uncertainty. But even when wind's contribution to balancing costs is taken into account, more wind will often cost the consumer less than more gas. Only if the price of gas drops significantly from today's European spot market value of i1/therm, or the installed cost of wind is higher than today's i1200/kW average, does wind cost the consumer more

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