How much does it cost to generate electricity with different types of power plants?
EIA has historical data on the average annual operation, maintenance, and fuel costs for existing power plants by major fuel/energy source types. The data are presented in Mills per kilowatthour (kWh); to convert to cents per kWh, divide the values by 10. EIA also forecasts electricity generation costs in the Annual Energy Outlook. Figure 57: Levelized Electricity Costs for New Power Plants, 2020 and 2030 in the Electricity Projections section of the Annual Energy Outlook 2009 (published in March 2009) includes estimated costs per kWh, assuming a 20-year operating life, for coal, natural gas combined cycle, wind, and nuclear power plants constructed in 2020 and 2030. Details of the forecast, including estimated capital, operation, maintenance, and other costs for most types of new power plants, are provided in the Electricity Market and the Renewable Fuels modules of the Assumptions to the Annual Energy Outlook. Details on the methodology used in the forecast are available in the Natio
EIA has historical data on the average annual operation, maintenance, and fuel costs for existing power plants by major fuel/energy source types. The data are presented in Mills per kilowatthour (kWh); to convert to cents per kWh, divide the values by 10. EIA also forecasts electricity generation costs in the Annual Energy Outlook, see 2016 Levelized Cost of New Generation Resources from the Annual Energy Outlook 2010, which includes estimated costs per Megawatthour, assuming a 20-year operating life for various types of power plants constructed in 2016. Details of the 2010 forecast, including estimated capital, operation, maintenance, and other costs for most types of new power plants, will be provided in the Electricity Market and the Renewable Fuels modules of the Assumptions to the Annual Energy Outlook 2010. Details on the methodology used in the forecast are available in the National Energy Modeling System — Model Documentation Reports for the Electricity Market Module and Renewa
