Study: New Gas Power Plants Cost up to 67 Cents per Kilowatt Hour

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Green Planet Energy eG [Newsroom]Hamburg (ots) - The current price shock shows that natural gas remains a cost risk for electricity as well - new gas power plants are increasing the cost of the energy transition, renewable backups are cheaper. The new gas power plants planned by the Federal Government are a ... Read more...Original content of: Green Planet Energy eG, transmitted by news aktuell

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The planned new gas power plants are likely to be significantly more expensive for society than often assumed. However, not all costs are reflected directly in the electricity price, but are, for example, borne by the citizen via subsidies. (Continue reading)

pv magazine Deutschland

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On behalf of Green Planet Energy, the Ecological Market Economy Forum has calculated the costs of gas power plants and reaches up to 67 cents per kilowatt-hour – mainly due to externalised costs.This factor is not available for backups based on renewables, which is why they would be much cheaper.For a built gas power plant with 500 megawatts and 1,000 full-load hours – a not too low assumption for operation as a backup power plant – electricity …