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