Doug: As you likely know, electricity from utility scale solar projects in the United States is currently being sold for around 3 cents per kWh. With the storage to create completely dispatchable power, the price jumps to roughly 5.5 cents per kWh. At that rate, solar investors are seeing a minimum of a 15% rate of return which makes for a not too shabby investment. There is a vast amount of private money out there looking for this type of investment opportunity. As a result, there is very little motivation for any entity public or private to lay out their own capital to buy energy production technology.
24/365 Power - what would you pay?
- Jun 23, 2022 10:53 am GMT
If you could buy a 5 Mega-watt, 10 year power supply that was GHG free and provided a 5 MW baseload that could be throttled, What would you be willing to pay for the installed power supply?
What would your concerns be?
Interested to know what you think.
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