answersLogoWhite

0

As of my last update, renewable energy plants, particularly those using solar and wind technologies, often have the lowest cost per kWh of energy generated. The decreasing costs of solar photovoltaic (PV) panels and wind turbines have made these sources increasingly competitive, even outpacing fossil fuels in many regions. Additionally, advancements in energy storage and grid integration continue to enhance their economic viability.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Continue Learning about Natural Sciences

What is a cost to the plant of insect pollination?

One cost to the plant of insect pollination is the energy required to produce nectar and pollen, which serves as a reward to attract insects. Additionally, there is a risk of damage to the plant's reproductive structures by the visiting insects. Finally, some insect pollinators may also inadvertently transfer pollen from other plant species, leading to potential hybridization and reduced genetic purity.


Does nuclear fission produce more energy than it costs to make the energy?

Well yes, it wouldn't be worth building a nuclear plant otherwise. Of course the construction with a lot of highly expensive engineering features does cost a lot, compared with a natural gas plant, but the fuel costs once it is built are much lower, so it's best to run a nuclear plant continuously at full power. 'Making the energy' doesn't mean much, as the energy comes from uranium that occurs on earth naturally, we don't make it, though the uranium has to be mined refined and enriched which all uses energy. The structures of the plant in terms of steel, concrete, etc also consume a lot of energy to make them, but once the plant is built it will produce a lot of energy for perhaps 50-60 years. I don't have an energy balance to present to you, but certainly the energy produced over the plant's life will far exceed what is used in building it and the energy used to make the fuel.


How much does it cost to desalinate water?

The cost of desalinating water varies depending on factors such as the technology used, energy costs, location, and scale of the desalination plant. On average, desalination can cost between $0.50 to $3 per cubic meter of water. Advanced technologies like reverse osmosis tend to be more expensive than traditional methods like distillation.


What is the cost to dismantle a bitumen plant?

The cost to dismantle a bitumen plant can vary widely depending on factors such as the size of the plant, equipment involved, environmental considerations, and labor costs. It is recommended to consult with a professional dismantling company to get an accurate estimate based on the specific details of the plant.


What is similar and what is different about burning coal and solar heating?

"It might not please many environmentalists, but a major energy company is adding solar-thermal power to a coal plant and says this could be the cost-effective way to produce energy while lowering CO2 emissions. Abengoa Solar and Xcel Energy, Colorado's largest electrical utility, have begun modifying the coal plant, which is based near Grand Junction, Colorado. Under the design, parabolic troughs will be used to preheat water that will be fed into the coal plant's boilers, where coal is burned to turn the water into steam. Cost savings comes from using existing turbines and generators and from operating at higher efficiencies, since the turbines and generators in solar-thermal plants are normally optimized to run at the lower temperatures generated by parabolic mirrors."

Related Questions

Which power plant have minimum running cost?

hydro power plant


How does decommissioning affect the overall cost of electricity generated using nuclear fuels?

Decommissioning can increase the cost of electricity generated using nuclear fuels, as it involves dismantling and cleaning up the retired nuclear plant, managing radioactive waste, and restoring the site. These decommissioning costs are significant and must be factored into the overall cost of nuclear energy generation. Proper planning and funds set aside for decommissioning can help mitigate the impact on electricity costs.


What level is marginal cost reaching a minimum?

Marginal cost reaches a minimum at the output level where the additional cost of producing one more unit equals the additional revenue generated from that unit. This typically occurs when production is optimized, often associated with the lowest point on the marginal cost curve. Beyond this point, increasing production leads to higher marginal costs due to factors like diminishing returns. Therefore, finding this minimum level is crucial for maximizing profitability.


How much does power cost?

Hi, Power cost is calculated in this manner. Net Power Generated divided by the quantity of input of [raw materials+men+energy losses] i.e in other words specific consumption of rawmaterials, specific consumption of man power resources, + energy losses per unit of power generated. All these when converted into cost will give raise to cost of power generated. Then, losses in the transmission is also taken into consideration. Thus Cost of power distributed is calculated.


Which type of power plant is easier to produce electrical power at economical?

Depends entirely on the cost of the available energy source and the invested cost in the power plant. Most of our domestic energy in US is produced by Coal. Regulations to make coal more environmentally clean will drive up the cost.


Which type of power plant would generate more clean energy at a low cost?

The best type of power plant to generate the most clean energy at a low cost would probably be wind and power energy. However, the issue of space would eventually come into play as it is not the most practical.


What is a cheaper energy source coal or water?

Generating Energy through Coal i.e, Thermal Energy is costlier as comparer t Hydro energy generation.BUt the Installation cost in case of Hydro Power Plant is much higher than the thermal Pwr Plant


When an average cost is at its minimum then?

Per hour, the average wage is a minimum of £5 +, what do you mean by average cost??


When average cost is at its minimum then marginal cost will be?

mesh


What is the cost and the usage cost comparison between the gas and electronic heaters?

electric generated heat is 70% more expensive than gas generated heat .


Is energy efficiency being affordable?

Efficiency in terms of energy means accomplishing processes with less energy, ideally the least energy required, with a minimum of waste. Ordinarily, this means that the cost of producing energy is less. However, some methods of efficiently producing and using energy are not the cheapest in terms of the other costs involved: some would cost more to implement, and more to maintain, such as low-resistance shielded transmission lines, which could cost vastly more initially than cheaper ones and cost more to maintain and repair. It would be energy efficient but not cost efficient.


How much will it cost to produce nuclear energy power?

Recent estimates for new build plants put the cost per KWh generated at about 7 to 8 cents. See link below for some background into how estimates are made