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The front-cost of capital makes wind and natural gas plants two different worlds, where it is very difficult to compare which one is better from a cost-benefit perspective...

It all depends on the discount factor. Low interest rates as we have now would seem to reduce the advantage of gas over over nuclear or wind.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma

by Migeru (migeru at eurotrib dot com) on Fri Jan 8th, 2010 at 06:06:25 AM EST
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And on the volatility. And on the expected future volatility.

In all relevant commodities and services, including whatever refinancing may be needed...

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri Jan 8th, 2010 at 01:22:20 PM EST
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