The power sector still remains an attractive area for investment but investors are now more cautious than previously. Global warming continues to be a dominant theme but alongside that there is a new pragmatism about fossil fuel combustion which will continue to dominate the power sector for another generation at least. Meanwhile renewable sources of generation continue to advance, led principally by wind power but with solar capacity growing rapidly too, though from a small base.
Key features of this report:
- Analysis of power generation costs concepts, drivers and components.
- Assessment of electricity costs for different technologies in terms of the two fundamental yardsticks used for cost comparison, capital cost and the levelized cost of electricity.
- Insight relating to the most innovative technologies and potential areas of opportunity for manufacturers.
- Examination of the key power generation technologies costs.
- Identification of the key trends shaping the market, as well as an evaluation of emerging trends that will drive innovation moving forward.
Key benefits from reading this report:
- Realize up to date competitive intelligence through a comprehensive power cost analysis in electricity power generation markets.
- Assess power generation costs and analysis - including capital costs, overnight costs, levelized costs and risk analysis.
- Identify which key trends will offer the greatest growth potential and learn which technology trends are likely to allow greater market impact.
- Quantify capital and levelized cost trends and how these vary regionally.
Key findings of this report:
- Onshore wind power is potentially the cheapest of all the renewable technologies and it can be built for as little as $1,850/kW.
- South Korean coal-fired power plants were estimated to cost $1,218/kW while in China the cost was even lower at $813/kW.
- Adding CCS to a combined cycle power plant would raise the cost of electricity from the plant to $100.2/MWh.
- A PC plant with CCS, meanwhile would provide electricity for £107/MWh.
- In China the cost of wind power is notably higher than in the USA at $46/MWh, $60/MWh and $72/MWh at the three discount rates and in Germany it is much higher ($77/MWh - $108/MWh).
Key Topics Covered:
Chapter 1 Electricity and fuel cost trends: the signature of the past and signs for the future
Chapter 2 The capital cost of electricity generating technologies
Chapter 3 The future cost of electricity: the levelized cost of power from conventional, nuclear and renewable technologies
Chapter 4 Global electricity generating capacity and the cost of power: technology growth trends and prospects
For more information about this report visit http://www.researchandmarkets.com/research/83hzfg/electricity_costs