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Power costs compared -- Wind and thermal generation 2006

There is no single cost for electricity from any source, but a range of costs. The installed cost of all power plant is influenced by not only by the price of the technology, but also by site accessibility and prevailing interest rates, particularly for the high capital cost technologies such as nuclear and wind. Nuclear is further bedevilled by the considerable degree of uncertainty about what it really costs to build. This text accompanies a graph with the main story Back to Being a Model of Stability.

It all depends: There is no single cost for electricity from any source, but a range of costs. The installed cost of all power plant is influenced not only by the price of the technology, but also by site accessibility and prevailing interest rates, particularly for the high capital cost technologies such as nuclear and wind. Nuclear is further bedevilled by the considerable degree of uncertainty about what it really costs to build. For coal and gas, fuel prices also play an important role, as wind speeds do for wind power. Wind plant built on land at the lower end of the range for installed costs continue to be an attractive option for cheap electricity

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