The Cost of Electricity is an essential tool for any researcher or practitioner seeking to establish the economic and environmental cost of power generation, and thereby to analyse the economic feasibility of power systems. Chapters cover capital cost, fuel cost, levelised cost, subsidies and tariffs, lifetime emission analysis, net energy analysis, traditional generation costs and renewable generation costs. The work is based on published analyses of generation costs and generation cost predictions from trusted organisations such as the US Energy Information Administration and the IEA. Chapters proceed in a logical manner through cost factors before concluding with the current and future cost of electricity generation.
Author(s): Paul Breeze
Publisher: Elsevier
Year: 2021
Language: English
Pages: 150
City: Amsterdam
Front-Matter_2021_The-Cost-of-Electricity
The Cost of Electricity
Copyright_2021_The-Cost-of-Electricity
Copyright
Chapter-1---The-cost-of-electricity--an-overview_2021_The-Cost-of-Electricit
1. The cost of electricity, an overview
The lifetime of a power plant
The main factors contributing to the cost of electricity
Network factors
Environmental and structural factors
The cost of electricity
Chapter-2---The-power-generating-technologies_2021_The-Cost-of-Electricity
2. The power generating technologies
Coal-fired power generation
Gas-fired power generation
Piston engine–based power generation
Hydropower
Nuclear power
Solar power
Wind energy
Biomass power generation
Geothermal energy
Others types of generating technology: marine power, power from waste and fuel cells
Energy storage
Chapter-3---Electricity-networks_2021_The-Cost-of-Electricity
3. Electricity networks
The traditional grid structure
Deregulation and grid privatisation
Electricity prices, electricity supply contracts and the spot market
Wholesale and retail cost of electricity
Distributed generation
The smart grid
Microgrids
Electric vehicles
Supergrids
Chapter-4---Fuel-costs_2021_The-Cost-of-Electricity
4. Fuel costs
Combustion fuels
Oil
Natural gas
Coal
Biomass
Hydrogen
Nuclear fuel
Chapter-5---The-capital-cost-of-a-power-plant_2021_The-Cost-of-Electricity
5. The capital cost of a power plant
Project finance
Power plant capacity factors
Capital costs
Coal plant capital costs
Natural gas–fired power plant costs
Nuclear power plant costs
Fuel cell power plants
The capital cost of hydropower
Biomass power plant costs
Geothermal power plant costs
The capital cost of wind power
Solar power capital costs
Chapter-6---Lifecycle-analyses-for-fuels-and-power-gen_2021_The-Cost-of-Elec
6. Lifecycle analyses for fuels and power generation technologies
Boundary conditions
Lifecycle energy analyses
Energy payback ratio
Energy return on investment
Lifecycle greenhouse gas emissions
Chapter-7---Structural-issues_2021_The-Cost-of-Electricity
7. Structural issues
Peak power
Intermittency
Smart grid technologies
Spinning reserve and system stability
Hydrogen
Chapter-8---Distorting-factors--subsidies--externali_2021_The-Cost-of-Electr
8. Distorting factors: subsidies, externalities and taxes
Subsidies
Externalities
Taxes
Chapter-9---The-cost-of-electricity_2021_The-Cost-of-Electricity
9. The cost of electricity
Levelized Cost of energy model
Electricity generating costs
Coal-fired power plants
Natural gas–fired combined cycle plants
Open cycle gas turbine plants
Nuclear power plants
Onshore wind power plants
Solar photovoltaic power plants
Solar thermal power plants
Geothermal power plants
Other generating technologies
Index_2021_The-Cost-of-Electricity
Index
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