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Table 5 New generating technologies - 2016

From: The role of natural gas as a primary fuel in the near future, including comparisons of acquisition, transmission and waste handling costs of as with competitive alternatives

Plant type

Capacity factor (%)

Total system levelized cost (¢ per KWH)

Natural gas - combined cycle

87

6.31

Natural gas - conventional

87

6.61

Natural gas - combined cycle with CCS

87

8.93

Coal - conventional

85

9.48

Coal - advanced

85

10.94

Coal - advanced with CCS

85

13.62

Wind - onshore

34

9.70

Wind - offshore

34

24.32

Solar - PV

25

21.07

Solar - thermal

18

31.18

Nuclear

90

11.39

  1. *Note: “levelized cost” of electricity takes into account all the costs of power over its entire life, including capital costs to build plants.
  2. Source: Institute for Energy Research, using data from EIA Annual Energy Outlook 2011