To: Iconoclast2; newgeezer
No it isn't. It is perfectly competitive with other forms of power with a ptc of only 1.8 cents per kwhr but what you don't see is the monthly improvement in cost effectiveness of more modern turbines, the advantages over clean energy, the reduction in demand on other fuels which lowers their cost, and the amount that other energies are subsidized.
16 posted on
12/05/2003 7:05:54 AM PST by
biblewonk
(I must answer all bible questions.)
To: biblewonk
If that were true, the government wouldn't be subsidizing it with large tax credits. Nor is it competitive with base load power plants because it is intermittent in nature. It can never be more than a niche source because it cannot serve base loads without batteries/pumped storage or other things that make it even more expensive. Eventually, perhaps, there will be a hydrogen-based economy in which it can be converted to hydrogen, but that is decades or centuries away given huge, untapped petro sources.
What do you mean by "ptc"?
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson