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by rewmie
1061 days ago
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> The latest report from Lazard on LCOE also gives similar numbers: I'm not convinced you read the doc you cited. In it, it clearly states that the levelized cost of energy for solar PV rooftop residential ranges from $115/MWH while gas peaking is $114/MWH and nuclear is $141. Your source also states quite clearly that these costs depend on the circumstances (i.e., each case is a case) and it points to unsubsidized costs. If I get a quote from a rooftop vendor that sells gold plated PV panels to install in a cave, that does not mean that residential PV panels have an expensive energy cost. |
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I guess I should point out these kind of insults are against the site guidelines.
>In it, it clearly states that the levelized cost of energy for solar PV rooftop residential ranges from $115/MWH while gas peaking is $114/MWH and nuclear is $141.
You are quoting the lowest value in each range, you need to consider the entire range:
$117 to $282 Rooftop residential $115 to $221 Gas Peaking $141 to $221 Nuclear
If you take the average from the range, the most expensive is rooftop solar. As the Statista web site states:
>Rooftop solar photovoltaic installations on residential buildings have the highest unsubsidized levelized costs of energy generation in the United States.
The LCOE of course also undercounts some of the costs associated with consumer rooftop solar. There is real value in having an energy source that isn’t so intermittent. With a low capacity factor, you need to spend money to deal with that. This might be through adding new power lines to bring in power from somewhere else, over building, adding gas peakers, adding energy storage etc. Obviously none of this is free and none of these extra costs are included as part of the LCOE of solar. You can see some estimates of this on page 11 of the report.
>Your source also states quite clearly that these costs depend on the circumstances (i.e., each case is a case)
Yes that is why there is a range. But if your point is that sometimes rooftop solar won’t be the most expensive form of power, that seems like moving the goal posts from your original response:
>>Care to show the basis of your personal assertion? It's an extraordinary and unbelievable claim.
>...and it points to unsubsidized costs.
Yes, that was actually my point. The real question is why is consumer rooftop solar so heavily subsidized? It really is sort of a reverse Robinhood scenario where less well off consumers subsidize their wealthier neighbors. The money available for energy subsidies is not unlimited and this money is fungible. A dollar going to subsidize an extremely expensive rooftop solar installation could have gone much, much farther if it had gone to support a utility grade solar installation.
>If I get a quote from a rooftop vendor that sells gold plated PV panels to install in a cave, that does not mean that residential PV panels have an expensive energy cost.
That isn’t the right way to look at LCOE. Here is some background info: https://en.wikipedia.org/wiki/Levelized_cost_of_electricity